Daqo New Energy
11 hedge funds and large institutions have $8.12M invested in Daqo New Energy in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 5 closing their positions.
110% more capital invested
Capital invested by funds: $3.87M → $8.12M (+$4.25M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.33% less ownership
Funds ownership: 1.22% → 0.89% (-0.33%)
8% less funds holding
Funds holding: 12 → 11 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPM
Symmetry Peak Management
Radnor,
Pennsylvania
|
+$265K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$128K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$11.9K |
| 4 |
SSG
Summit Securities Group
New York
|
+$1.18K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$341 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.28M |
| 2 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$435K |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$158K |
| 4 |
PCM
Prelude Capital Management
New York
|
-$26K |
| 5 |
Barclays
London,
United Kingdom
|
-$13K |
DQ Hedge Fund Activity: Q3 2013 in Review
11 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q3 2013, worth a combined $8.12M — up 110% from $3.87M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DQ and 4 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Symmetry Peak Management, opening a new position worth an estimated $265K. The largest seller was Bank of America, cutting an estimated $1.28M.
- 11 institutional investors held Daqo New Energy (DQ) as of Q3 2013, down from 12 in Q2 2013.
- Funds reported $8.12M of Daqo New Energy stock for Q3 2013, up 110% quarter-over-quarter.
- 4 funds opened new Daqo New Energy positions in Q3 2013 and 5 closed out, a net change of -1 holder.
- The largest Daqo New Energy buyer in Q3 2013 was Symmetry Peak Management, an estimated $265K added.
- The largest Daqo New Energy seller in Q3 2013 was Bank of America, an estimated $1.28M sold.
Based on aggregated 13F filings for Q3 2013.