DAQO NEW ENERGY CORP DQ
SPNSRD ADS NEW · ADR · CUSIP 23703Q203 · ISIN US23703Q2030
- SectorTechnology
- IndustrySemiconductors & Related Devices
- HeadquartersShanghai
- Founded2008
- Websitedqsolar.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($17.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $13.39. Options: 12 managers hold calls ($29.3m notional), 11 hold puts ($46.5m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 220 |
| Q4 2022 | 217 |
| Q1 2023 | 217 |
| Q2 2023 | 193 |
| Q3 2023 | 162 |
| Q4 2023 | 162 |
| Q1 2024 | 155 |
| Q2 2024 | 131 |
| Q3 2024 | 125 |
| Q4 2024 | 128 |
| Q1 2025 | 128 |
| Q2 2025 | 109 |
| Q3 2025 | 129 |
| Q4 2025 | 142 |
| Q1 2026 | 123 |
| Q2 2026 | 114 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 55 | 71 |
| Q4 2024 | 53 | 69 |
| Q1 2025 | 57 | 70 |
| Q2 2025 | 47 | 70 |
| Q3 2025 | 72 | 56 |
| Q4 2025 | 79 | 59 |
| Q1 2026 | 55 | 78 |
| Q2 2026 | 58 | 63 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $105.2m | $97.2m | 0.92 |
| Q4 2025 | $123.0m | $64.6m | 0.53 |
| Q1 2026 | $59.4m | $30.2m | 0.51 |
| Q2 2026 | $29.3m | $46.5m | 1.59 |
Biggest buyers
| MORGAN STANLEY | Added | +1.7m |
| FMR LLC | Added | +602.8k |
| Ariose Capital Management Ltd | Added | +496.8k |
| IMC-Chicago, LLC | Added | +462.0k |
| STATE STREET CORP | Added | +410.8k |
| CITADEL ADVISORS LLC | Added | +400.5k |
| UBS Group AG | Added | +278.2k |
| Invesco Ltd. | Added | +265.3k |
| FIL Ltd | Added | +238.1k |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | +169.6k |
Biggest sellers
| TWO SIGMA INVESTMENTS, LP | Reduced | -603.9k |
| FRANKLIN RESOURCES INC | Reduced | -380.3k |
| BlackRock, Inc. | Reduced | -272.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -210.5k |
| Qube Research & Technologies Ltd | Reduced | -187.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -149.1k |
| Susquehanna Portfolio Strategies, LLC | Sold out | -128.8k |
| Trexquant Investment LP | Sold out | -107.0k |
| MACKENZIE FINANCIAL CORP | Reduced | -103.0k |
| Driehaus Capital Management LLC | Sold out | -80.6k |
Biggest calls
| UBS Group AG | Added | $11.7m875.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.9m514.5k shares |
| JANE STREET GROUP, LLC | Reduced | $4.7m351.8k shares |
| IMC-Chicago, LLC | Reduced | $1.6m120.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.1m82.8k shares |
| CITADEL ADVISORS LLC | Reduced | $969.4k72.4k shares |
| GROUP ONE TRADING LLC | Reduced | $796.7k59.5k shares |
| Walleye Trading LLC | Added | $543.6k40.6k shares |
| Point72 Asset Management, L.P. | Reduced | $420.4k31.4k shares |
| Walleye Capital LLC | Reduced | $207.5k15.5k shares |
Biggest puts
| IMC-Chicago, LLC | Added | $15.5m1.2m shares |
| CITADEL ADVISORS LLC | Added | $11.6m869.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.5m561.6k shares |
| D. E. Shaw & Co., Inc. | Added | $3.0m226.3k shares |
| JANE STREET GROUP, LLC | Reduced | $2.4m178.3k shares |
| Walleye Trading LLC | Added | $2.0m147.9k shares |
| GROUP ONE TRADING LLC | Added | $1.9m140.3k shares |
| UBS Group AG | Added | $1.1m82.5k shares |
| SIMPLEX TRADING, LLC | Added | $780.6k58.3k shares |
| Walleye Capital LLC | Added | $650.8k48.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| CONTINENTAL GENERAL INSURANCE CO 13G · passive investor filed 2025-11-13 | 10.0% |
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| CONTINENTAL GENERAL INSURANCE CO 18.55% of their portfolio | 6.6m $89.0m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 2.7m $36.5m | Added +1.7m |
| Invesco Ltd. 0.00% of their portfolio | 2.3m $30.7m | Added +265.3k |
| Polunin Capital Partners Ltd 5.22% of their portfolio | 1.7m $21.3m | Reduced -27.7k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.4m $18.4m | Added +19.9k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 1.3m $17.1m | Reduced -103.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 1.3m $16.8m | Reduced -380.3k |
| STATE STREET CORP 0.00% of their portfolio | 1.2m $15.8m | Added +410.8k |
| BlackRock, Inc. 0.00% of their portfolio | 989.0k $13.2m | Reduced -272.4k |
| Ariose Capital Management Ltd 5.46% of their portfolio | 954.0k $12.8m | Added +496.8k |
| FIL Ltd 0.01% of their portfolio | 832.1k $11.1m | Added +238.1k |
| FMR LLC 0.00% of their portfolio | 602.8k $8.1m | Added +602.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 583.7k $7.8m | Reduced -210.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 574.0k $7.7m | Added +400.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 555.6k $7.4m | Reduced -27.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 546.9k $7.3m | Reduced -21.8k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 507.3k $6.8m | Added +1.8k |
| IMC-Chicago, LLC 0.06% of their portfolio | 473.4k $6.3m | Added +462.0k |
| UBS Group AG 0.00% of their portfolio | 426.6k $5.7m | Added +278.2k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 420.2k $5.6m | Reduced -603.9k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 366.9k $4.9m | Added +7.3k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 363.1k $4.9m | Added +23.0k |
| AVIVA PLC 0.01% of their portfolio | 316.0k $4.2m | Reduced -23.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 290.9k $3.9m | Added +136.5k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.07% of their portfolio | 266.1k $3.6m | Added +169.6k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 245.5k $5.2m | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 245.1k $3.3m | Reduced -58.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 233.2k $3.1m | Added +46.1k |
| SG Americas Securities, LLC 0.00% of their portfolio | 209.8k $2.8m | Added +142.2k |
| HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 0.13% of their portfolio | 152.4k $2.0m | Added +127.9k |
| CoreCommodity Management, LLC 0.39% of their portfolio | 147.6k $2.0m | Reduced -362 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 142.8k $1.9m | Reduced -6.4k |
| FengHe Fund Management Pte. Ltd. 0.18% of their portfolio | 140.3k $1.9m | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.13% of their portfolio | 136.0k $1.8m | Reduced -15.9k |
| Walleye Trading LLC 0.02% of their portfolio | 122.3k $1.6m | Added +112.6k |
| Waterfront Wealth Inc. 0.19% of their portfolio | 100.2k $1.2m | Added +45.7k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 77.9k $1.0m | Reduced -39.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 68.9k $922.1k | Reduced -1.4k |
| XTX Topco Ltd 0.01% of their portfolio | 65.1k $871.4k | Added +42.0k |
| BAROMETER CAPITAL MANAGEMENT INC. 0.24% of their portfolio | 64.3k $861.0k | Added +10.8k |
| Aberdeen Group plc 0.00% of their portfolio | 64.1k $858.9k | Reduced -5.8k |
| NANO CAP NEW MILLENNIUM GROWTH FUND L P 0.65% of their portfolio | 63.5k $850.3k | Added +58.5k |
| Legal & General Group Plc 0.00% of their portfolio | 54.8k $733.5k | Added +1.2k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 53.5k $716.2k | Added +906 |
| Centiva Capital, LP 0.02% of their portfolio | 51.2k $686.0k | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 48.9k $655.2k | Added +31.0k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 39.2k $524.3k | Added +29.2k |
| BlueCrest Capital Management Ltd 0.02% of their portfolio | 36.6k $490.1k | Reduced -5.0k |
| California Public Employees Retirement System 0.00% of their portfolio | 31.5k $421.2k | Reduced -24.5k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.00% of their portfolio | 30.6k $406.5k | Reduced -31.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 28.9k $386.5k | Reduced -1.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 28.8k $385.3k | Unchanged |
| Leonteq Securities AG 0.02% of their portfolio | 28.4k $380.7k | Added +11.7k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 27.4k $367.1k | Reduced -187.3k |
| Nuveen, LLC 0.00% of their portfolio | 27.4k $366.9k | Reduced -7.2k |
| Walleye Capital LLC 0.00% of their portfolio | 26.7k $357.4k | Added +16.0k |
| Hamrick Investment Counsel, llc 0.24% of their portfolio | 26.6k $356.1k | Reduced -1.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 24.5k $328.1k | New |
| Marex Group Ltd 0.00% of their portfolio | 22.5k $301.4k | Added +50 |
| CITIGROUP INC 0.00% of their portfolio | 22.2k $297.9k | Added +10.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 21.8k $292.5k | Unchanged |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 21.2k $283.5k | Reduced -3.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 20.6k $276.0k | Added +20.1k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 20.4k $273.2k | Reduced -3.9k |
| Jain Global LLC 0.00% of their portfolio | 18.3k $245.0k | New |
| BTG Pactual Asset Management US LLC 0.02% of their portfolio | 16.7k $223.9k | New |
| Harvest Portfolios Group Inc. 0.00% of their portfolio | 15.8k $211.8k | Added +136 |
| Daiwa Securities Group Inc. 0.00% of their portfolio | 15.8k $211.6k | Added +1.3k |
| Pathstone Holdings, LLC 0.00% of their portfolio | 15.7k $212.5k | Added +184 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 15.1k $201.9k | Added +10 |
| AXQ CAPITAL, LP 0.02% of their portfolio | 13.7k $183.6k | Reduced -4.5k |
| ProShare Advisors LLC 0.00% of their portfolio | 13.2k $177.4k | New |
| Creative Planning 0.00% of their portfolio | 10.4k $138.9k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 5.4k $70.8k | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 4.0k $53.5k | New |
| EFG International AG 0.00% of their portfolio | 3.8k $50.9k | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 3.0k $40.4k | Added +1.5k |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 2.9k $38.8k | Reduced -3.9k |
| Banque Cantonale Vaudoise 0.00% of their portfolio | 2.6k $35.0k | Added +51 |
| Generali Investments CEE, investicni spolecnost, a.s. 0.00% of their portfolio | 2.5k $33.5k | Unchanged |
| Nykredit A/S 0.00% of their portfolio | 2.1k $27.9k | First filing |
| Vanguard Investments Australia, Ltd. 0.00% of their portfolio | 2.0k $26.1k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.9k $25.4k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 1.8k $24.2k | Added +1.4k |
| SIGNATUREFD, LLC 0.00% of their portfolio | 1.6k $21.2k | Reduced -54 |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 1.3k $17.0k | Reduced -604 |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 906 $12.1k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 808 $10.8k | Added +220 |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 731 $9.8k | Unchanged |
| Parallel Advisors, LLC 0.00% of their portfolio | 495 $6.6k | Reduced -26 |
| BARCLAYS PLC 0.00% of their portfolio | 450 $6.0k | Reduced -5.9k |
| US BANCORP \DE\ 0.00% of their portfolio | 433 $5.8k | Added +135 |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 250 $3.3k | Unchanged |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 183 $2.5k | New |
| Quarry LP 0.00% of their portfolio | 162 $2.2k | New |
| DecisionPoint Financial, LLC 0.00% of their portfolio | 125 $1.6k | Unchanged |
| ASSETMARK, INC 0.00% of their portfolio | 101 $1.4k | New |
| IFP Advisors, Inc 0.00% of their portfolio | 100 $1.3k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 98 $1.3k | Reduced -369 |
| Rossby Financial, LCC 0.00% of their portfolio | 75 $1.0k | Unchanged |