Daqo New Energy
70 hedge funds and large institutions have $159M invested in Daqo New Energy in 2018 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 14 closing their positions.
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
21% more funds holding
Funds holding: 58 → 70 (+12)
0.02% more ownership
Funds ownership: 6.94% → 6.96% (+0.02%)
14% less capital invested
Capital invested by funds: $184M → $159M (-$25.1M)
14% less call options, than puts
Call options by funds: $7.87M | Put options by funds: $9.11M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$22M |
| 2 |
Citigroup
New York
|
+$16.8M |
| 3 |
Morgan Stanley
New York
|
+$14.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$12.4M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$33.1M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$18.5M |
| 3 |
Renaissance Technologies
New York
|
-$10.9M |
| 4 |
Millennium Management
New York
|
-$9.49M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
DZ Bank
Frankfurt Am Main,
Germany
| – | -$734K | -75,000 | Closed |
|
|
PG
77
PEAK6 Group
Chicago,
Illinois
| – | -$435K | -42,915 | Closed |
|
|
COPPSERS
78
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$268K | -27,415 | Closed |
|
|
MYIA
79
Mount Yale Investment Advisors
Denver,
Colorado
| – | -$168K | -17,130 | Closed |
|
|
TRCT
80
Tower Research Capital (TRC)
New York
| – | -$131K | -13,360 | Closed |
|
81
Walleye Trading
New York
| – | -$28K | -2,850 | Closed |
|
|
CIP
82
Convergence Investment Partners
Palm Beach Gardens,
Florida
| – | -$4K | -365 | Closed |
|
83
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1K | -75 | Closed |
|
|
SIS
84
Sound Income Strategies
Ft Lauderdale,
Florida
| – | +$304 | +30 | New |
|
DQ Hedge Fund Activity: Q2 2018 in Review
70 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q2 2018, worth a combined $159M — down 14% from $184M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new DQ positions and 14 closed out — a net gain of 13 holders — while 22 added to existing stakes and 17 trimmed.
The largest buyer was Invesco, adding an estimated $22M. The largest seller was Man Group, cutting an estimated $33.1M.
- 70 institutional investors held Daqo New Energy (DQ) as of Q2 2018, up from 58 in Q1 2018.
- Funds reported $159M of Daqo New Energy stock for Q2 2018, down 14% quarter-over-quarter.
- 27 funds opened new Daqo New Energy positions in Q2 2018 and 14 closed out, a net change of +13 holders.
- The largest Daqo New Energy buyer in Q2 2018 was Invesco, an estimated $22M added.
- The largest Daqo New Energy seller in Q2 2018 was Man Group, an estimated $33.1M sold.
Based on aggregated 13F filings for Q2 2018.