Daqo New Energy
129 hedge funds and large institutions have $412M invested in Daqo New Energy in 2024 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 43 increasing their positions, 50 reducing their positions, and 41 closing their positions.
21% more call options, than puts
Call options by funds: $16.3M | Put options by funds: $13.4M
0.28% more ownership
Funds ownership: 8.26% → 8.54% (+0.28%)
14% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 50
16% less funds holding
Funds holding: 153 → 129 (-24)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
54% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 41
55% less capital invested
Capital invested by funds: $910M → $412M (-$499M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$16M |
| 2 |
SC
Sylebra Capital
Palo Alto,
California
|
+$10.1M |
| 3 |
MAMHA
MY.Alpha Management HK Advisors
Hong Kong
|
+$9.41M |
| 4 |
CGIC
Continental General Insurance Company
Austin,
Texas
|
+$8.42M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$6.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$36.3M |
| 2 |
TC
Tairen Capital
Hong Kong
|
-$24.8M |
| 3 |
Millennium Management
New York
|
-$15.4M |
| 4 |
Jane Street
New York
|
-$14.2M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$13.7M |
DQ Hedge Fund Activity: Q2 2024 in Review
129 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Daqo New Energy (DQ) for Q2 2024, worth a combined $412M — down 55% from $910M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of DQ and 19 opened new positions — a net loss of 22 holders — while 50 trimmed existing stakes and 43 added.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $16M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $36.3M sold.
- 129 institutional investors held Daqo New Energy (DQ) as of Q2 2024, down from 153 in Q1 2024.
- Funds reported $412M of Daqo New Energy stock for Q2 2024, down 55% quarter-over-quarter.
- 19 funds opened new Daqo New Energy positions in Q2 2024 and 41 closed out, a net change of -22 holders.
- The largest Daqo New Energy buyer in Q2 2024 was Point72 Asset Management, an estimated $16M added.
- The largest Daqo New Energy seller in Q2 2024 was Arrowstreet Capital, an estimated $36.3M sold.
Based on aggregated 13F filings for Q2 2024.