Daqo New Energy
214 hedge funds and large institutions have $2.07B invested in Daqo New Energy in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 71 increasing their positions, 79 reducing their positions, and 40 closing their positions.
27% more call options, than puts
Call options by funds: $44.1M | Put options by funds: $34.8M
21% more capital invested
Capital invested by funds: $1.71B → $2.07B (+$357M)
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
3% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 40
0.39% more ownership
Funds ownership: 11.91% → 12.3% (+0.39%)
0% more funds holding
Funds holding: 214 → 214 (0)
10% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$84.6M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$48.5M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$43.8M |
| 4 |
Morgan Stanley
New York
|
+$40.1M |
| 5 |
MAMHA
MY.Alpha Management HK Advisors
Hong Kong
|
+$37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Alpine Investment Management
Hong Kong
|
-$54.4M |
| 2 |
Renaissance Technologies
New York
|
-$37.4M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$35.5M |
| 4 |
TC
Tairen Capital
Hong Kong
|
-$32.1M |
| 5 |
Man Group
London,
United Kingdom
|
-$29.3M |
DQ Hedge Fund Activity: Q1 2023 in Review
214 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q1 2023, worth a combined $2.07B — up 21% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new DQ positions and 40 closed out — a net gain of 1 holder — while 71 added to existing stakes and 79 trimmed.
The largest buyer was Bank of America, adding an estimated $84.6M. The largest seller was Alpine Investment Management, cutting an estimated $54.4M.
- 214 institutional investors held Daqo New Energy (DQ) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $2.07B of Daqo New Energy stock for Q1 2023, up 21% quarter-over-quarter.
- 41 funds opened new Daqo New Energy positions in Q1 2023 and 40 closed out, a net change of +1 holder.
- The largest Daqo New Energy buyer in Q1 2023 was Bank of America, an estimated $84.6M added.
- The largest Daqo New Energy seller in Q1 2023 was Alpine Investment Management, an estimated $54.4M sold.
Based on aggregated 13F filings for Q1 2023.