Daqo New Energy
29 hedge funds and large institutions have $71.8M invested in Daqo New Energy in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 4 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
12% more funds holding
Funds holding: 26 → 29 (+3)
4% more capital invested
Capital invested by funds: $68.8M → $71.8M (+$3.06M)
0.65% more ownership
Funds ownership: 5.84% → 6.5% (+0.65%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $288K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$5.75M |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$1.84M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$1.47M |
| 4 |
QAM
Quentec Asset Management
New York
|
+$913K |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$629K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Summitview Investment Management
Grand Cayman,
Cayman Islands
|
-$1.6M |
| 2 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$1.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$899K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$292K |
| 5 |
RA
Royce & Associates
New York
|
-$172K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
26
Prelude Capital Management
New York
| $6K | +$4.65K | +1,000 | +200% |
|
27
Citigroup
New York
| $4K | +$4.62K | +995 | New |
|
28
JP Morgan Chase
New York
| $2K | +$581 | +125 | +38% |
|
|
SIM
29
Summitview Investment Management
Grand Cayman,
Cayman Islands
| – | -$1.6M | -354,960 | Closed |
|
|
GPCM
30
Granite Point Capital Management
Boston,
Massachusetts
| – | -$1.3M | -287,320 | Closed |
|
31
UBS Group
Zurich,
Switzerland
| – | -$11K | -2,335 | Closed |
|
|
MTIP
32
Magee Thomson Investment Partners
San Diego,
California
| – | -$1K | -205 | Closed |
|
DQ Hedge Fund Activity: Q3 2016 in Review
29 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q3 2016, worth a combined $71.8M — up 4.5% from $68.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DQ positions and 4 closed out — a net gain of 3 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was AJO LP, opening a new position worth an estimated $5.75M. The largest seller was Summitview Investment Management, exiting entirely with an estimated $1.6M sold.
- 29 institutional investors held Daqo New Energy (DQ) as of Q3 2016, up from 26 in Q2 2016.
- Funds reported $71.8M of Daqo New Energy stock for Q3 2016, up 4.5% quarter-over-quarter.
- 7 funds opened new Daqo New Energy positions in Q3 2016 and 4 closed out, a net change of +3 holders.
- The largest Daqo New Energy buyer in Q3 2016 was AJO LP, an estimated $5.75M added.
- The largest Daqo New Energy seller in Q3 2016 was Summitview Investment Management, an estimated $1.6M sold.
Based on aggregated 13F filings for Q3 2016.