Daqo New Energy
26 hedge funds and large institutions have $68.8M invested in Daqo New Energy in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 8 closing their positions.
18% more capital invested
Capital invested by funds: $58.2M → $68.8M (+$10.5M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more call options, than puts
Call options by funds: $2K | Put options by funds: $2K
0.12% less ownership
Funds ownership: 5.96% → 5.84% (-0.12%)
10% less funds holding
Funds holding: 29 → 26 (-3)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$5.81M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.51M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$2.47M |
| 4 |
QAM
Quentec Asset Management
New York
|
+$592K |
| 5 |
Morgan Stanley
New York
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Summitview Investment Management
Grand Cayman,
Cayman Islands
|
-$7.39M |
| 2 |
ECP
Electron Capital Partners
New York
|
-$1.73M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.01M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$762K |
| 5 |
RL
Ruffer LLP
London,
United Kingdom
|
-$748K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ECP
26
Electron Capital Partners
New York
| – | -$1.73M | -463,900 | Closed |
|
|
RL
27
Ruffer LLP
London,
United Kingdom
| – | -$748K | -200,000 | Closed |
|
|
CMG
28
Cavalry Management Group
San Francisco,
California
| – | -$212K | -57,000 | Closed |
|
|
AAP
29
Ardsley Advisory Partners
Stamford,
Connecticut
| – | -$186K | -50,000 | Closed |
|
|
AP
30
Advisors Preferred
Rockville,
Maryland
| – | -$7K | -1,790 | Closed |
|
|
HRCM
31
Hood River Capital Management
Palm Beach Gardens,
Florida
| – | -$3K | -940 | Closed |
|
32
Simplex Trading
Chicago,
Illinois
| – | -$3.45K | -740 | Closed |
|
33
Bank of America
Charlotte,
North Carolina
| – | -$1K | -275 | Closed |
|
DQ Hedge Fund Activity: Q2 2016 in Review
26 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q2 2016, worth a combined $68.8M — up 18% from $58.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DQ and 6 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was HSBC Holdings, opening a new position worth an estimated $5.81M. The largest seller was Summitview Investment Management, cutting an estimated $7.39M.
- 26 institutional investors held Daqo New Energy (DQ) as of Q2 2016, down from 29 in Q1 2016.
- Funds reported $68.8M of Daqo New Energy stock for Q2 2016, up 18% quarter-over-quarter.
- 6 funds opened new Daqo New Energy positions in Q2 2016 and 8 closed out, a net change of -2 holders.
- The largest Daqo New Energy buyer in Q2 2016 was HSBC Holdings, an estimated $5.81M added.
- The largest Daqo New Energy seller in Q2 2016 was Summitview Investment Management, an estimated $7.39M sold.
Based on aggregated 13F filings for Q2 2016.