Daqo New Energy
122 hedge funds and large institutions have $1.38B invested in Daqo New Energy in 2020 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 29 increasing their positions, 26 reducing their positions, and 17 closing their positions.
224% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 17
118% more capital invested
Capital invested by funds: $632M → $1.38B (+$747M)
45% more funds holding
Funds holding: 84 → 122 (+38)
36% more call options, than puts
Call options by funds: $31.4M | Put options by funds: $23M
12% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 26
2.51% more ownership
Funds ownership: 12.3% → 14.8% (+2.5%)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$129M |
| 2 |
Morgan Stanley
New York
|
+$17.5M |
| 3 |
Handelsbanken Fonder
Stockholm,
Sweden
|
+$16.8M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$16.3M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAMA
Graticule Asia Macro Advisors
New York
|
-$14.8M |
| 2 |
JP Morgan Chase
New York
|
-$12.6M |
| 3 |
TAMH
Taikang Asset Management (HK)
Hong Kong
|
-$12.1M |
| 4 |
Millennium Management
New York
|
-$12M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.48M |
DQ Hedge Fund Activity: Q3 2020 in Review
122 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q3 2020, worth a combined $1.38B — up 118% from $632M a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new DQ positions and 17 closed out — a net gain of 38 holders — while 29 added to existing stakes and 26 trimmed.
The largest buyer was Nomura Holdings, adding an estimated $129M. The largest seller was Graticule Asia Macro Advisors, cutting an estimated $14.8M.
- 122 institutional investors held Daqo New Energy (DQ) as of Q3 2020, up from 84 in Q2 2020.
- Funds reported $1.38B of Daqo New Energy stock for Q3 2020, up 118% quarter-over-quarter.
- 55 funds opened new Daqo New Energy positions in Q3 2020 and 17 closed out, a net change of +38 holders.
- The largest Daqo New Energy buyer in Q3 2020 was Nomura Holdings, an estimated $129M added.
- The largest Daqo New Energy seller in Q3 2020 was Graticule Asia Macro Advisors, an estimated $14.8M sold.
Based on aggregated 13F filings for Q3 2020.