Daqo New Energy
89 hedge funds and large institutions have $816M invested in Daqo New Energy in 2020 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 17 closing their positions.
208% more capital invested
Capital invested by funds: $265M → $816M (+$551M)
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
100% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 17
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
38% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $7.41M
20% more funds holding
Funds holding: 74 → 89 (+15)
13.48% more ownership
Funds ownership: 7.84% → 21.32% (+13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$493M |
| 2 |
Millennium Management
New York
|
+$10.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$8.86M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$7.13M |
| 5 |
TAMH
Taikang Asset Management (HK)
Hong Kong
|
+$5.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
-$12M |
| 2 |
HFM
Harvest Fund Management
Beijing,
China
|
-$9.54M |
| 3 |
SAM
Sandbar Asset Management
London,
United Kingdom
|
-$4.44M |
| 4 |
Renaissance Technologies
New York
|
-$3.89M |
| 5 |
SVI
Strategic Vision Investment
Hong Kong
|
-$3.02M |
DQ Hedge Fund Activity: Q1 2020 in Review
89 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q1 2020, worth a combined $816M — up 208% from $265M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new DQ positions and 17 closed out — a net gain of 17 holders — while 28 added to existing stakes and 18 trimmed.
The largest buyer was Nomura Holdings, adding an estimated $493M. The largest seller was Arosa Capital Management, exiting entirely with an estimated $12M sold.
- 89 institutional investors held Daqo New Energy (DQ) as of Q1 2020, up from 74 in Q4 2019.
- Funds reported $816M of Daqo New Energy stock for Q1 2020, up 208% quarter-over-quarter.
- 34 funds opened new Daqo New Energy positions in Q1 2020 and 17 closed out, a net change of +17 holders.
- The largest Daqo New Energy buyer in Q1 2020 was Nomura Holdings, an estimated $493M added.
- The largest Daqo New Energy seller in Q1 2020 was Arosa Capital Management, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2020.