Daqo New Energy
64 hedge funds and large institutions have $203M invested in Daqo New Energy in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 15 closing their positions.
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
16% more capital invested
Capital invested by funds: $175M → $203M (+$28.5M)
8% more funds holding
Funds holding: 59 → 64 (+5)
0.62% more ownership
Funds ownership: 6.24% → 6.85% (+0.62%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less call options, than puts
Call options by funds: $3.52M | Put options by funds: $4.15M
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.1M |
| 2 |
Millennium Management
New York
|
+$4.94M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.58M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.1M |
| 5 |
Barclays
London,
United Kingdom
|
+$2.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFM
Harvest Fund Management
Beijing,
China
|
-$5.02M |
| 2 |
Morgan Stanley
New York
|
-$4.04M |
| 3 |
GAM
Greenwoods Asset Management
Grand Cayman,
Cayman Islands
|
-$3.26M |
| 4 |
State Street
Boston,
Massachusetts
|
-$2.66M |
| 5 |
JP Morgan Chase
New York
|
-$2.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Acadian Asset Management
Boston,
Massachusetts
| – | -$24K | -2,845 | Closed |
|
|
AF
77
Advisornet Financial
Minnetonka,
Minnesota
| – | -$21K | -2,500 | Closed |
|
|
CG
78
Cutler Group
San Francisco,
California
| – | -$16K | -2,000 | Closed |
|
|
LTFS
79
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$91 | +10 | New |
|
DQ Hedge Fund Activity: Q3 2019 in Review
64 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q3 2019, worth a combined $203M — up 16% from $175M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new DQ positions and 15 closed out — a net gain of 5 holders — while 14 added to existing stakes and 19 trimmed.
The largest buyer was Vanguard Group, adding an estimated $12.1M. The largest seller was Harvest Fund Management, cutting an estimated $5.02M.
- 64 institutional investors held Daqo New Energy (DQ) as of Q3 2019, up from 59 in Q2 2019.
- Funds reported $203M of Daqo New Energy stock for Q3 2019, up 16% quarter-over-quarter.
- 20 funds opened new Daqo New Energy positions in Q3 2019 and 15 closed out, a net change of +5 holders.
- The largest Daqo New Energy buyer in Q3 2019 was Vanguard Group, an estimated $12.1M added.
- The largest Daqo New Energy seller in Q3 2019 was Harvest Fund Management, an estimated $5.02M sold.
Based on aggregated 13F filings for Q3 2019.