Daqo New Energy
153 hedge funds and large institutions have $910M invested in Daqo New Energy in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 40 increasing their positions, 71 reducing their positions, and 36 closing their positions.
82% more call options, than puts
Call options by funds: $37.1M | Put options by funds: $20.5M
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
5% more capital invested
Capital invested by funds: $865M → $910M (+$45.2M)
0.08% less ownership
Funds ownership: 8.34% → 8.26% (-0.08%)
5% less funds holding
Funds holding: 161 → 153 (-8)
19% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 36
44% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGIC
Continental General Insurance Company
Austin,
Texas
|
+$106M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$39.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$22.5M |
| 4 |
Jane Street
New York
|
+$19.3M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Alpine Investment Management
Hong Kong
|
-$39.8M |
| 2 |
Citigroup
New York
|
-$33.6M |
| 3 |
BlackRock
New York
|
-$24.8M |
| 4 |
Morgan Stanley
New York
|
-$23.3M |
| 5 |
TC
Tairen Capital
Hong Kong
|
-$21.8M |
DQ Hedge Fund Activity: Q1 2024 in Review
153 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q1 2024, worth a combined $910M — up 5.2% from $865M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of DQ and 29 opened new positions — a net loss of 7 holders — while 71 trimmed existing stakes and 40 added.
The largest buyer was Continental General Insurance Company, opening a new position worth an estimated $106M. The largest seller was Alpine Investment Management, exiting entirely with an estimated $39.8M sold.
- 153 institutional investors held Daqo New Energy (DQ) as of Q1 2024, down from 161 in Q4 2023.
- Funds reported $910M of Daqo New Energy stock for Q1 2024, up 5.2% quarter-over-quarter.
- 29 funds opened new Daqo New Energy positions in Q1 2024 and 36 closed out, a net change of -7 holders.
- The largest Daqo New Energy buyer in Q1 2024 was Continental General Insurance Company, an estimated $106M added.
- The largest Daqo New Energy seller in Q1 2024 was Alpine Investment Management, an estimated $39.8M sold.
Based on aggregated 13F filings for Q1 2024.