Daqo New Energy
59 hedge funds and large institutions have $106M invested in Daqo New Energy in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 28 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
0.62% less ownership
Funds ownership: 6.96% → 6.34% (-0.62%)
16% less funds holding
Funds holding: 70 → 59 (-11)
33% less capital invested
Capital invested by funds: $159M → $106M (-$52.8M)
36% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 28
69% less call options, than puts
Call options by funds: $3.7M | Put options by funds: $12.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$17.1M |
| 2 |
SI
Sensato Investors
San Francisco,
California
|
+$12.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.97M |
| 4 |
Morgan Stanley
New York
|
+$6.88M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$15M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$11.2M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$8.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.19M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
-$6.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
76
Advisor Group
Phoenix,
Arizona
| – | -$368K | -51,815 | Closed |
|
77
Vanguard Group
Malvern,
Pennsylvania
| – | -$244K | -34,365 | Closed |
|
|
PAMU
78
Pictet Asset Management (UK)
London,
United Kingdom
| – | -$171K | -24,000 | Closed |
|
|
CAM
79
ClariVest Asset Management
San Diego,
California
| – | -$126K | -17,710 | Closed |
|
|
FDCDDQ
80
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$97.9K | -13,775 | Closed |
|
81
SEI Investments
Oaks,
Pennsylvania
| – | -$97K | -13,610 | Closed |
|
|
APA
82
American Portfolios Advisors
Holbrook,
New York
| – | -$48.7K | -6,855 | Closed |
|
|
FGAM
83
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$41K | -5,275 | Closed |
|
84
Wells Fargo
San Francisco,
California
| – | -$24.4K | -3,480 | -98% |
|
|
CG
85
Cutler Group
San Francisco,
California
| – | -$17K | -2,500 | Closed |
|
|
AF
86
Allworth Financial
Folsom,
California
| – | -$2K | -250 | Closed |
|
87
Parallax Volatility Advisers
San Francisco,
California
| – | +$525 | +75 | New |
|
DQ Hedge Fund Activity: Q3 2018 in Review
59 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q3 2018, worth a combined $106M — down 33% from $159M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of DQ and 18 opened new positions — a net loss of 10 holders — while 17 trimmed existing stakes and 18 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $17.1M. The largest seller was JP Morgan Chase, cutting an estimated $15M.
- 59 institutional investors held Daqo New Energy (DQ) as of Q3 2018, down from 70 in Q2 2018.
- Funds reported $106M of Daqo New Energy stock for Q3 2018, down 33% quarter-over-quarter.
- 18 funds opened new Daqo New Energy positions in Q3 2018 and 28 closed out, a net change of -10 holders.
- The largest Daqo New Energy buyer in Q3 2018 was Millennium Management, an estimated $17.1M added.
- The largest Daqo New Energy seller in Q3 2018 was JP Morgan Chase, an estimated $15M sold.
Based on aggregated 13F filings for Q3 2018.