Daqo New Energy
48 hedge funds and large institutions have $115M invested in Daqo New Energy in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 13 closing their positions.
16% more call options, than puts
Call options by funds: $6.94M | Put options by funds: $6M
6% more capital invested
Capital invested by funds: $109M → $115M (+$6.72M)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
1.82% less ownership
Funds ownership: 7.26% → 5.44% (-1.8%)
2% less funds holding
Funds holding: 49 → 48 (-1)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Handelsbanken Fonder
Stockholm,
Sweden
|
+$5.33M |
| 2 |
HFM
Harvest Fund Management
Beijing,
China
|
+$4.22M |
| 3 |
BlackRock
New York
|
+$3.51M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.74M |
| 5 |
Goldman Sachs
New York
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$17.7M |
| 2 |
SI
Sensato Investors
San Francisco,
California
|
-$4.82M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.27M |
| 4 |
Morgan Stanley
New York
|
-$4.05M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EA
51
Ecofin Advisors
London,
United Kingdom
| – | -$2.3M | -491,005 | Closed |
|
|
MCM
52
Moore Capital Management
New York
| – | -$702K | -150,000 | Closed |
|
53
Man Group
London,
United Kingdom
| – | -$541K | -115,590 | Closed |
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$583K | -89,620 | Closed |
|
55
Schroder Investment Management Group
London,
United Kingdom
| – | -$392 | -83,860 | Closed |
|
|
GPCM
56
Granite Point Capital Management
Boston,
Massachusetts
| – | -$234K | -50,000 | Closed |
|
|
PI
57
PEAK6 Investments
Chicago,
Illinois
| – | -$145K | -22,220 | Closed |
|
|
CLOS
58
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$61K | -13,000 | Closed |
|
|
MWNA
59
Marshall Wace North America
New York
| – | -$57K | -12,125 | Closed |
|
60
Walleye Trading
New York
| – | -$4K | -880 | Closed |
|
|
LPWM
61
Lake Point Wealth Management
Rockwall,
Texas
| – | -$1K | -200 | Closed |
|
DQ Hedge Fund Activity: Q1 2019 in Review
48 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q1 2019, worth a combined $115M — up 6.2% from $109M a quarter earlier.
Fund positioning in DQ was balanced in Q1 2019: 13 funds opened new positions, 13 closed out, 13 added to existing stakes and 18 trimmed.
The largest buyer was Handelsbanken Fonder, opening a new position worth an estimated $5.33M. The largest seller was Millennium Management, exiting entirely with an estimated $17.7M sold.
- 48 institutional investors held Daqo New Energy (DQ) as of Q1 2019, down from 49 in Q4 2018.
- Funds reported $115M of Daqo New Energy stock for Q1 2019, up 6.2% quarter-over-quarter.
- 13 funds opened new Daqo New Energy positions in Q1 2019 and 13 closed out, a net change of 0 holders.
- The largest Daqo New Energy buyer in Q1 2019 was Handelsbanken Fonder, an estimated $5.33M added.
- The largest Daqo New Energy seller in Q1 2019 was Millennium Management, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2019.