Daqo New Energy
59 hedge funds and large institutions have $175M invested in Daqo New Energy in 2019 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 8 closing their positions.
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
51% more capital invested
Capital invested by funds: $115M → $175M (+$59.2M)
23% more funds holding
Funds holding: 48 → 59 (+11)
8% more call options, than puts
Call options by funds: $4.21M | Put options by funds: $3.91M
0.79% more ownership
Funds ownership: 5.44% → 6.24% (+0.79%)
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFM
Harvest Fund Management
Beijing,
China
|
+$12.4M |
| 2 |
Morgan Stanley
New York
|
+$8.51M |
| 3 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
+$2.67M |
| 4 |
JP Morgan Chase
New York
|
+$2.12M |
| 5 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$6.04M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$3.3M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$2.79M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.85M |
| 5 |
SI
Sensato Investors
San Francisco,
California
|
-$1.25M |
DQ Hedge Fund Activity: Q2 2019 in Review
59 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q2 2019, worth a combined $175M — up 51% from $115M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new DQ positions and 8 closed out — a net gain of 14 holders — while 14 added to existing stakes and 14 trimmed.
The largest buyer was Harvest Fund Management, adding an estimated $12.4M. The largest seller was Bank of America, cutting an estimated $6.04M.
- 59 institutional investors held Daqo New Energy (DQ) as of Q2 2019, up from 48 in Q1 2019.
- Funds reported $175M of Daqo New Energy stock for Q2 2019, up 51% quarter-over-quarter.
- 22 funds opened new Daqo New Energy positions in Q2 2019 and 8 closed out, a net change of +14 holders.
- The largest Daqo New Energy buyer in Q2 2019 was Harvest Fund Management, an estimated $12.4M added.
- The largest Daqo New Energy seller in Q2 2019 was Bank of America, an estimated $6.04M sold.
Based on aggregated 13F filings for Q2 2019.