Daqo New Energy
161 hedge funds and large institutions have $1.25B invested in Daqo New Energy in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 61 increasing their positions, 72 reducing their positions, and 39 closing their positions.
0.81% less ownership
Funds ownership: 11.33% → 10.53% (-0.81%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
15% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 72
16% less funds holding
Funds holding: 191 → 161 (-30)
29% less capital invested
Capital invested by funds: $1.76B → $1.25B (-$513M)
31% less call options, than puts
Call options by funds: $21.9M | Put options by funds: $31.5M
72% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ariose Capital Management
Central, Hong Kong,
Hong Kong
|
+$21.8M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$17.2M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$11.4M |
| 4 |
TC
Tairen Capital
Hong Kong
|
+$10.9M |
| 5 |
PCM
Prelude Capital Management
New York
|
+$8.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$33.4M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$29.7M |
| 3 |
TAA
Turiya Advisors Asia
Hong Kong
|
-$27.2M |
| 4 |
ZP
Zimmer Partners
New York
|
-$17.6M |
| 5 |
SLM
Snow Lake Management
Menlo Park,
California
|
-$17.1M |
DQ Hedge Fund Activity: Q3 2023 in Review
161 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q3 2023, worth a combined $1.25B — down 29% from $1.76B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of DQ and 11 opened new positions — a net loss of 28 holders — while 72 trimmed existing stakes and 61 added.
The largest buyer was Ariose Capital Management, adding an estimated $21.8M. The largest seller was Bank of America, cutting an estimated $33.4M.
- 161 institutional investors held Daqo New Energy (DQ) as of Q3 2023, down from 191 in Q2 2023.
- Funds reported $1.25B of Daqo New Energy stock for Q3 2023, down 29% quarter-over-quarter.
- 11 funds opened new Daqo New Energy positions in Q3 2023 and 39 closed out, a net change of -28 holders.
- The largest Daqo New Energy buyer in Q3 2023 was Ariose Capital Management, an estimated $21.8M added.
- The largest Daqo New Energy seller in Q3 2023 was Bank of America, an estimated $33.4M sold.
Based on aggregated 13F filings for Q3 2023.