DANAOS CORPORATION DAC
SHS · Common Stock · CUSIP Y1968P121 · ISIN MHY1968P1218
- SectorIndustrials
- IndustryDeep Sea Foreign Transportation of Freight
- HeadquartersMajuro Atoll, Marshall Islands
- Founded1972
- Websitedanaos.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 ($171.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $89.02. Options: 8 managers hold calls ($63.0m notional), 12 hold puts ($41.7m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 105 |
| Q4 2022 | 94 |
| Q1 2023 | 92 |
| Q2 2023 | 103 |
| Q3 2023 | 109 |
| Q4 2023 | 114 |
| Q1 2024 | 129 |
| Q2 2024 | 132 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 51 | 57 |
| Q1 2023 | 55 | 38 |
| Q2 2023 | 60 | 45 |
| Q3 2023 | 60 | 43 |
| Q4 2023 | 60 | 45 |
| Q1 2024 | 73 | 49 |
| Q2 2024 | 75 | 62 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $73.9m | $27.3m | 0.37 |
| Q4 2023 | $78.6m | $51.2m | 0.65 |
| Q1 2024 | $43.8m | $49.4m | 1.13 |
| Q2 2024 | $63.0m | $41.7m | 0.66 |
Biggest buyers
| ACADIAN ASSET MANAGEMENT LLC | Added | +197.9k |
| IQ EQ FUND MANAGEMENT (SINGAPORE) PRIVATE Ltd | Added | +176.0k |
| JPMORGAN CHASE & CO | Added | +105.0k |
| TWO SIGMA INVESTMENTS, LP | Added | +79.1k |
| TWO SIGMA ADVISERS, LP | Added | +33.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +30.1k |
| TrueMark Investments, LLC | New | +18.8k |
| ExodusPoint Capital Management, LP | New | +17.1k |
| Invesco Ltd. | Added | +14.1k |
| Quantedge Capital Pte Ltd | Added | +14.0k |
Biggest sellers
| MORGAN STANLEY | Reduced | -159.1k |
| STOREBRAND ASSET MANAGEMENT AS | Sold out | -131.4k |
| Balyasny Asset Management L.P. | Reduced | -108.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -58.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -50.7k |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -48.9k |
| Significant Wealth Partners LLC | Sold out | -43.8k |
| CITADEL ADVISORS LLC | Reduced | -42.6k |
| GROUP ONE TRADING LLC | Reduced | -36.1k |
| Campbell & CO Investment Adviser LLC | Reduced | -28.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $42.3m457.9k shares |
| PEAK6 Investments LLC | Added | $8.6m92.8k shares |
| CastleKnight Management LP | New | $3.0m32.0k shares |
| CITADEL ADVISORS LLC | Reduced | $2.5m27.6k shares |
| Walleye Capital LLC | Added | $2.3m25.2k shares |
| Walleye Trading LLC | Added | $1.8m19.9k shares |
| WOLVERINE TRADING, LLC | Added | $1.3m14.5k shares |
| GTS SECURITIES LLC | Added | $1.2m12.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.9m161.7k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $9.7m105.2k shares |
| JANE STREET GROUP, LLC | Reduced | $5.9m63.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.6m38.6k shares |
| GROUP ONE TRADING LLC | Reduced | $3.0m32.7k shares |
| Walleye Capital LLC | Reduced | $1.7m18.0k shares |
| CITADEL ADVISORS LLC | Reduced | $1.6m17.0k shares |
| GTS SECURITIES LLC | Reduced | $785.1k8.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $351.0k3.8k shares |
| Walleye Trading LLC | New | $175.5k1.9k 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 |
|---|---|
Danaos Investment LTD as Trustee of the 883 Trust
13D · may seek influence
+1.3 pts · filed 2025-11-19
Stated purposeItem 4 of the Statement is hereby amended by adding the following paragraphs to the end of Item 4: This Amendment No. 9 updates the number of shares of Common Stock beneficially owned by the Reporting Persons to reflect that on November 14, 2025, 100,000 shares of Common Stock were granted to Dr. Coustas as a compensatory equity award and are held by DIL and 100,000 shares were acquired by DIL pursuant to the Amended and Restated Management Agreement. This Amendment No. 9 also updates the percentage of outstanding Common Stock of the Company beneficially owned by the Reporting Persons, including to reflect repurchases under the Company's common stock repurchase program. Full filing |
51.8% |
Insider purchases and sales in Q2 2024
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 in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| ACADIAN ASSET MANAGEMENT LLC 0.22% of their portfolio | 788.9k $72.8m | Added +197.9k |
| RBF Capital, LLC 2.25% of their portfolio | 418.0k $38.6m | Unchanged |
| Ion Asset Management Ltd. 2.34% of their portfolio | 380.9k $35.2m | Added +100 |
| MORGAN STANLEY 0.00% of their portfolio | 365.0k $33.7m | Reduced -159.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 275.8k $25.5m | Unchanged |
| No Street GP LP 1.76% of their portfolio | 225.0k $20.8m | Unchanged |
| IQ EQ FUND MANAGEMENT (SINGAPORE) PRIVATE Ltd 1.08% of their portfolio | 176.0k $1.9m | Added +176.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 134.4k $12.4m | Added +105.0k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 101.5k $9.4m | Added +79.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 86.3k $8.0m | Added +30.1k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 84.2k $7.8m | Reduced -108.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 76.5k $7.1m | Reduced -878 |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 74.2k $6.9m | Added +6.7k |
| Foundry Partners, LLC 0.35% of their portfolio | 70.0k $6.5m | Reduced -16.9k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 65.2k $6.0m | Added +9.2k |
| Invesco Ltd. 0.00% of their portfolio | 55.9k $5.2m | Added +14.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 49.8k $4.6m | Reduced -15.3k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 42.9k $4.0m | Added +4.2k |
| BlackRock Inc. 0.00% of their portfolio | 42.8k $4.0m | Added +7.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 41.0k $3.8m | Reduced -10.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 39.6k $3.7m | Reduced -50.7k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 36.6k $3.4m | Added +33.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 32.2k $3.0m | Added +11.7k |
| HRT FINANCIAL LP 0.01% of their portfolio | 28.2k $2.6m | Added +11.2k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.03% of their portfolio | 28.1k $2.6m | Added +3.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 26.6k $2.5m | Added +7.4k |
| Janney Montgomery Scott LLC 0.01% of their portfolio | 26.1k $2.4m | Added +907 |
| Walleye Capital LLC 0.03% of their portfolio | 25.8k $2.4m | Reduced -3.9k |
| CastleKnight Management LP 0.30% of their portfolio | 24.5k $2.3m | Added +5.4k |
| ADVISORY RESEARCH INC 0.41% of their portfolio | 23.8k $2.2m | Added +2.3k |
| STATE STREET CORP 0.00% of their portfolio | 23.6k $2.2m | Reduced -4.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 23.3k $2.2m | Added +6.4k |
| Quantedge Capital Pte Ltd 0.68% of their portfolio | 20.4k $1.9m | Added +14.0k |
| TrueMark Investments, LLC 0.59% of their portfolio | 18.8k $1.7m | New |
| Fiera Capital Corp 0.01% of their portfolio | 17.5k $1.6m | Added +1.1k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 17.1k $1.6m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 16.3k $1.5m | Reduced -58.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 16.0k $1.5m | Reduced -42.6k |
| Quadrature Capital Ltd 0.02% of their portfolio | 15.9k $1.5m | Reduced -9.0k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 14.3k $1.3m | Reduced -1.2k |
| Tidal Investments LLC 0.02% of their portfolio | 14.3k $1.3m | Added +2.4k |
| DGS Capital Management, LLC 0.36% of their portfolio | 14.0k $1.3m | Reduced -676 |
| MARSHALL WACE, LLP 0.00% of their portfolio | 13.5k $1.3m | New |
| Campbell & CO Investment Adviser LLC 0.10% of their portfolio | 12.7k $1.2m | Reduced -28.9k |
| GTS SECURITIES LLC 0.02% of their portfolio | 10.6k $981.0k | Reduced -1.6k |
| Vident Advisory, LLC 0.03% of their portfolio | 10.3k $952.6k | Added +2.2k |
| PDT Partners, LLC 0.09% of their portfolio | 10.0k $921.9k | Added +1.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 8.9k $819.5k | New |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 8.5k $782.2k | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 8.4k $772.0k | Reduced -575 |
| Creative Planning 0.00% of their portfolio | 8.3k $770.2k | Added +644 |
| Moors & Cabot, Inc. 0.04% of their portfolio | 8.2k $761.2k | Added +3.0k |
| Redhawk Wealth Advisors, Inc. 0.12% of their portfolio | 8.2k $753.5k | Reduced -583 |
| Jump Financial, LLC 0.01% of their portfolio | 7.9k $729.6k | Reduced -3.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 6.9k $638.7k | Reduced -12.0k |
| WOLVERINE TRADING, LLC 0.01% of their portfolio | 6.8k $628.8k | Reduced -1.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 6.7k $617.1k | Added +4.9k |
| PRUDENTIAL PLC 0.00% of their portfolio | 5.7k $525.9k | Added +462 |
| QUADRANT CAPITAL GROUP LLC 0.04% of their portfolio | 5.5k $512.0k | Added +923 |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 5.5k $507.3k | New |
| Employees Retirement System of Texas 0.00% of their portfolio | 5.1k $472.0k | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 5.1k $472.1k | Added +102 |
| Inspire Advisors, LLC 0.06% of their portfolio | 5.1k $470.0k | Added +1.4k |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 5.1k $468.0k | Reduced -7.6k |
| PFG Advisors 0.03% of their portfolio | 5.0k $461.3k | Added +756 |
| Aristides Capital LLC 0.10% of their portfolio | 4.9k $456.4k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 4.9k $451.4k | Added +1.4k |
| Skandinaviska Enskilda Banken AB (publ) 0.00% of their portfolio | 4.8k $443.3k | New |
| Walleye Trading LLC 0.01% of their portfolio | 4.5k $416.1k | Reduced -9.8k |
| CHESAPEAKE CAPITAL CORP /IL/ 0.54% of their portfolio | 4.5k $412.5k | Reduced -4.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.4k $403.0k | Added +2.2k |
| Westhampton Capital, LLC 0.21% of their portfolio | 4.3k $393.0k | Unchanged |
| Atria Wealth Solutions, Inc. 0.00% of their portfolio | 3.9k $361.2k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 3.8k $355.2k | Reduced -1.5k |
| MORGAN DEMPSEY CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 3.8k $352.0k | Added +411 |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 3.7k $338.9k | Added +257 |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 3.3k $304.3k | Reduced -36.1k |
| OneDigital Investment Advisors LLC 0.00% of their portfolio | 3.3k $302.9k | New |
| Ballew Advisors, Inc 0.16% of their portfolio | 2.8k $240.9k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.6k $240.3k | Reduced -208 |
| State of Wyoming 0.04% of their portfolio | 2.6k $240.2k | Reduced -2.8k |
| Ballentine Partners, LLC 0.00% of their portfolio | 2.5k $232.6k | New |
| TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio | 2.4k $224.2k | Reduced -3.2k |
| COMMERCE BANK 0.00% of their portfolio | 2.4k $218.0k | New |
| Petrus Trust Company, LTA 0.02% of their portfolio | 2.4k $217.6k | New |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 2.3k $201.5k | Reduced -12 |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.3k $209.3k | New |
| Privium Fund Management (UK) Ltd 0.08% of their portfolio | 2.2k $201.4k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 2.2k $202.9k | New |
| UBS Group AG 0.00% of their portfolio | 1.5k $141.9k | Added +1.2k |
| SG Americas Securities, LLC 0.00% of their portfolio | 1.2k $111.0k | New |
| Blue Trust, Inc. 0.00% of their portfolio | 1.2k $83.6k | Added +1.1k |
| WealthCollab, LLC 0.03% of their portfolio | 1.1k $87.4k | Added +531 |
| Harel Insurance Investments & Financial Services Ltd. 0.00% of their portfolio | 900 $83.0k | Reduced -700 |
| MATHER GROUP, LLC. 0.00% of their portfolio | 819 $59.1k | New |
| Founders Capital Management 0.05% of their portfolio | 800 $73.9k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 692 $63.9k | Added +122 |
| Pinnacle Holdings, LLC 0.02% of their portfolio | 594 $54.9k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 570 $52.6k | Reduced -8 |
| ASSETMARK, INC 0.00% of their portfolio | 538 $49.7k | Added +128 |