Daqo New Energy
34 hedge funds and large institutions have $83.5M invested in Daqo New Energy in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 10 closing their positions.
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
3% more funds holding
Funds holding: 33 → 34 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.72% less ownership
Funds ownership: 20.29% → 19.57% (-0.72%)
15% less capital inflows, than outflows
Capital inflows: $11.8M | Capital outflows: $13.8M
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
72% less call options, than puts
Call options by funds: $62K | Put options by funds: $218K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$3.86M |
| 2 |
Dymon Asia Capital
Singapore
|
+$1.63M |
| 3 |
DnB Asset Management
Oslo,
Norway
|
+$1.33M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.11M |
| 5 |
JP Morgan Chase
New York
|
+$725K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QAM
Quentec Asset Management
New York
|
-$5.02M |
| 2 |
Luminus Management
Houston,
Texas
|
-$1.75M |
| 3 |
Millennium Management
New York
|
-$1.57M |
| 4 |
Guggenheim Capital
Chicago,
Illinois
|
-$1.3M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.26M |
DQ Hedge Fund Activity: Q3 2017 in Review
34 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q3 2017, worth a combined $83.5M — up 35% from $61.9M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DQ positions and 10 closed out — a net gain of 1 holder — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $3.86M. The largest seller was Quentec Asset Management, cutting an estimated $5.02M.
- 34 institutional investors held Daqo New Energy (DQ) as of Q3 2017, up from 33 in Q2 2017.
- Funds reported $83.5M of Daqo New Energy stock for Q3 2017, up 35% quarter-over-quarter.
- 11 funds opened new Daqo New Energy positions in Q3 2017 and 10 closed out, a net change of +1 holder.
- The largest Daqo New Energy buyer in Q3 2017 was Renaissance Technologies, an estimated $3.86M added.
- The largest Daqo New Energy seller in Q3 2017 was Quentec Asset Management, an estimated $5.02M sold.
Based on aggregated 13F filings for Q3 2017.