Daqo New Energy
27 hedge funds and large institutions have $63.8M invested in Daqo New Energy in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 10 closing their positions.
0.16% less ownership
Funds ownership: 6.5% → 6.34% (-0.16%)
7% less funds holding
Funds holding: 29 → 27 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
11% less capital invested
Capital invested by funds: $71.8M → $63.8M (-$8.05M)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$3.04M |
| 2 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$2.46M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$1.16M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$858K |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
+$674K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
-$4.58M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$663K |
| 3 |
RA
Royce & Associates
New York
|
-$642K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$386K |
| 5 |
NA
Navellier & Associates
Reno,
Nevada
|
-$368K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Fidelity Investments
Boston,
Massachusetts
| – | -$663K | -156,420 | Closed |
|
|
NA
27
Navellier & Associates
Reno,
Nevada
| – | -$368K | -86,780 | Closed |
|
|
CS
28
Credit Suisse
Zurich,
Switzerland
| – | -$259K | -61,195 | Closed |
|
|
CI
29
Cavalier Investments
Alpharetta,
Georgia
| – | -$233K | -55,000 | Closed |
|
30
Wolverine Trading
Chicago,
Illinois
| – | -$209K | -49,365 | Closed |
|
|
CG
31
Cutler Group
San Francisco,
California
| – | -$7K | -1,770 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$7K | -1,630 | Closed |
|
|
PCM
33
Prelude Capital Management
New York
| – | -$6K | -1,500 | Closed |
|
34
Citigroup
New York
| – | -$4K | -995 | Closed |
|
35
JP Morgan Chase
New York
| – | -$2K | -455 | Closed |
|
36
Bank of America
Charlotte,
North Carolina
| – | +$44 | +10 | New |
|
DQ Hedge Fund Activity: Q4 2016 in Review
27 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q4 2016, worth a combined $63.8M — down 11% from $71.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DQ and 9 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 6 added.
The largest buyer was Pine River Capital Management, adding an estimated $3.04M. The largest seller was HSBC Holdings, cutting an estimated $4.58M.
- 27 institutional investors held Daqo New Energy (DQ) as of Q4 2016, down from 29 in Q3 2016.
- Funds reported $63.8M of Daqo New Energy stock for Q4 2016, down 11% quarter-over-quarter.
- 9 funds opened new Daqo New Energy positions in Q4 2016 and 10 closed out, a net change of -1 holder.
- The largest Daqo New Energy buyer in Q4 2016 was Pine River Capital Management, an estimated $3.04M added.
- The largest Daqo New Energy seller in Q4 2016 was HSBC Holdings, an estimated $4.58M sold.
Based on aggregated 13F filings for Q4 2016.