Daqo New Energy
29 hedge funds and large institutions have $58.2M invested in Daqo New Energy in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more funds holding
Funds holding: 21 → 29 (+8)
15% more capital invested
Capital invested by funds: $50.5M → $58.2M (+$7.78M)
0.15% more ownership
Funds ownership: 5.81% → 5.96% (+0.15%)
0% more call options, than puts
Call options by funds: $1K | Put options by funds: $1K
73% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QAM
Quentec Asset Management
New York
|
+$2.13M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.68M |
| 3 |
ECP
Electron Capital Partners
New York
|
+$1.52M |
| 4 |
RA
Royce & Associates
New York
|
+$330K |
| 5 |
CMG
Cavalry Management Group
San Francisco,
California
|
+$186K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.89M |
| 2 |
SIM
Summitview Investment Management
Grand Cayman,
Cayman Islands
|
-$1.53M |
| 3 |
QSS
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
|
-$210K |
| 4 |
LM
Luminus Management
Houston,
Texas
|
-$116K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$76.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Simplex Trading
Chicago,
Illinois
| $2K | +$2.42K | +740 | New |
|
27
JP Morgan Chase
New York
| $1K | -$164 | -50 | -14% |
|
28
Bank of America
Charlotte,
North Carolina
| $1K | +$899 | +275 | New |
|
29
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$366 | -110,000 | Closed |
|
|
QSS
30
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$210K | -63,670 | Closed |
|
31
Creative Planning
Overland Park,
Kansas
| – | -$3.21K | -980 | -97% |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -775 | Closed |
|
DQ Hedge Fund Activity: Q1 2016 in Review
29 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q1 2016, worth a combined $58.2M — up 15% from $50.5M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new DQ positions and 3 closed out — a net gain of 9 holders — while 3 added to existing stakes and 11 trimmed.
The largest buyer was Quentec Asset Management, adding an estimated $2.13M. The largest seller was Guggenheim Capital, cutting an estimated $1.89M.
- 29 institutional investors held Daqo New Energy (DQ) as of Q1 2016, up from 21 in Q4 2015.
- Funds reported $58.2M of Daqo New Energy stock for Q1 2016, up 15% quarter-over-quarter.
- 12 funds opened new Daqo New Energy positions in Q1 2016 and 3 closed out, a net change of +9 holders.
- The largest Daqo New Energy buyer in Q1 2016 was Quentec Asset Management, an estimated $2.13M added.
- The largest Daqo New Energy seller in Q1 2016 was Guggenheim Capital, an estimated $1.89M sold.
Based on aggregated 13F filings for Q1 2016.