Daqo New Energy
191 hedge funds and large institutions have $1.76B invested in Daqo New Energy in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 61 increasing their positions, 88 reducing their positions, and 41 closing their positions.
28% more call options, than puts
Call options by funds: $29.9M | Put options by funds: $23.4M
0.97% less ownership
Funds ownership: 12.3% → 11.33% (-0.97%)
11% less funds holding
Funds holding: 215 → 191 (-24)
15% less capital invested
Capital invested by funds: $2.07B → $1.76B (-$309M)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
31% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 88
59% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Tairen Capital
Hong Kong
|
+$29.8M |
| 2 |
ZP
Zimmer Partners
New York
|
+$24.8M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$19.9M |
| 4 |
Goldman Sachs
New York
|
+$19.3M |
| 5 |
AIM
Alpine Investment Management
Hong Kong
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$38.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$32.8M |
| 3 |
TAA
Turiya Advisors Asia
Hong Kong
|
-$25.9M |
| 4 |
AMH
Aspex Management (HK)
Central,
Hong Kong
|
-$23.4M |
| 5 |
SLM
Snow Lake Management
Menlo Park,
California
|
-$19.6M |
DQ Hedge Fund Activity: Q2 2023 in Review
191 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q2 2023, worth a combined $1.76B — down 15% from $2.07B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of DQ and 17 opened new positions — a net loss of 24 holders — while 88 trimmed existing stakes and 61 added.
The largest buyer was Tairen Capital, adding an estimated $29.8M. The largest seller was Envestnet Asset Management, cutting an estimated $38.9M.
- 191 institutional investors held Daqo New Energy (DQ) as of Q2 2023, down from 215 in Q1 2023.
- Funds reported $1.76B of Daqo New Energy stock for Q2 2023, down 15% quarter-over-quarter.
- 17 funds opened new Daqo New Energy positions in Q2 2023 and 41 closed out, a net change of -24 holders.
- The largest Daqo New Energy buyer in Q2 2023 was Tairen Capital, an estimated $29.8M added.
- The largest Daqo New Energy seller in Q2 2023 was Envestnet Asset Management, an estimated $38.9M sold.
Based on aggregated 13F filings for Q2 2023.