Daqo New Energy
19 hedge funds and large institutions have $33M invested in Daqo New Energy in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 3 closing their positions.
72% more capital invested
Capital invested by funds: $19.1M → $33M (+$13.9M)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
6% more funds holding
Funds holding: 18 → 19 (+1)
0.7% more ownership
Funds ownership: 1.53% → 2.23% (+0.7%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.18M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$5.79M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$4.19M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.46M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$421K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Keywise Capital Management
Grand Cayman,
Cayman Islands
|
-$5.47M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$1.49M |
| 3 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$468K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$446K |
| 5 |
ARTA
A.R.T. Advisors
New York
|
-$260K |
DQ Hedge Fund Activity: Q1 2014 in Review
19 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q1 2014, worth a combined $33M — up 72% from $19.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DQ positions and 3 closed out — a net gain of 1 holder — while 3 added to existing stakes and 7 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $6.18M. The largest seller was Keywise Capital Management, cutting an estimated $5.47M.
- 19 institutional investors held Daqo New Energy (DQ) as of Q1 2014, up from 18 in Q4 2013.
- Funds reported $33M of Daqo New Energy stock for Q1 2014, up 72% quarter-over-quarter.
- 4 funds opened new Daqo New Energy positions in Q1 2014 and 3 closed out, a net change of +1 holder.
- The largest Daqo New Energy buyer in Q1 2014 was Fidelity Investments, an estimated $6.18M added.
- The largest Daqo New Energy seller in Q1 2014 was Keywise Capital Management, an estimated $5.47M sold.
Based on aggregated 13F filings for Q1 2014.