DQNYSESemiconductors & Related DevicesFiscal year ends December 31
DAQO NEW ENERGY CORP.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 20, 2026
$10.11−0.12 (-1.17%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
9.1%
31M of 338M shares
Institutional holders
114
18 new, 27 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Gorzynski Michael | 33,375,960 | 9.99% | 13G (passive) amendment | Sep 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of DQ | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Continental General Insurance Co | 6,644,786 | 1.96% | $88.97M | – | 18.55% |
| Morgan Stanley | 2,725,456 | 0.81% | $36.49M | +1,667,936 | 0.00% |
| Invesco Ltd. | 2,289,105 | 0.68% | $30.65M | +265,342 | 0.00% |
| Polunin Capital Partners Ltd | 1,714,923 | 0.51% | $21.27K | −27,741 | 5.22% |
| Vanguard Capital Management LLC | 1,374,647 | 0.41% | $18.41M | +19,897 | 0.00% |
| Mackenzie Financial Corp | 1,273,491 | 0.38% | $17.05M | −102,984 | 0.02% |
| Franklin Resources Inc | 1,256,475 | 0.37% | $16.82M | −380,330 | 0.00% |
| State Street Corp | 1,179,532 | 0.35% | $15.79M | +410,819 | 0.00% |
| BlackRock, Inc. | 988,969 | 0.29% | $13.24M | −272,385 | 0.00% |
| Ariose Capital Management Ltd | 953,974 | 0.28% | $12.77M | +496,819 | 5.46% |
| FIL Ltd | 832,085 | 0.25% | $11.14M | +238,052 | 0.01% |
| FMR LLC | 602,818 | 0.18% | $8.07M | +602,758 | 0.00% |
| Arrowstreet Capital, Limited Partnership | 583,662 | 0.17% | $7.82M | −210,487 | 0.00% |
| Citadel Advisors LLC | 573,966 | 0.17% | $7.69M | +400,460 | 0.00% |
| Charles Schwab Investment Management Inc | 555,615 | 0.16% | $7.44M | −27,503 | 0.00% |
| Bnp Paribas Arbitrage, Snc | 546,875 | 0.16% | $7.32M | −21,800 | 0.00% |
| Marshall Wace, Llp | 507,341 | 0.15% | $6.79M | +1,750 | 0.01% |
| IMC-Chicago, LLC | 473,416 | 0.14% | $6.34M | +461,956 | 0.00% |
| UBS Group AG | 426,619 | 0.13% | $5.71M | +278,227 | 0.00% |
| Two Sigma Investments, LP | 420,250 | 0.12% | $5.63M | −603,936 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 114 | 31M | 9.1% | 18 / 42 | 36 / 27 | 6M | 3M |
| Q1 2026 | 123 | 27M | 8.1% | 20 / 39 | 40 / 38 | 5M | 6M |
| Q4 2025 | 142 | 30M | 8.8% | 35 / 51 | 40 / 19 | 7M | 5M |
| Q3 2025 | 129 | 28M | 8.3% | 42 / 30 | 36 / 20 | 8M | 9M |
| Q2 2025 | 108 | 29M | 8.6% | 12 / 36 | 40 / 30 | 3M | 6M |
| Q1 2025 | 127 | 32M | 9.6% | 25 / 36 | 47 / 23 | 5M | 8M |
| Q4 2024 | 127 | 36M | 10.6% | 25 / 38 | 48 / 21 | 12M | 4M |
| Q3 2024 | 124 | 28M | 8.3% | 17 / 40 | 49 / 22 | 5M | 4M |
| Q2 2024 | 130 | 28M | 8.4% | 19 / 43 | 50 / 41 | 4M | 10M |
| Q1 2024 | 154 | 34M | 9.9% | 29 / 40 | 72 / 35 | 13M | 14M |
| Q4 2023 | 161 | 35M | 10.3% | 29 / 53 | 57 / 27 | 5M | 11M |
| Q3 2023 | 161 | 41M | 12.2% | 11 / 61 | 72 / 40 | 4M | 7M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of DQ | Value | % of fund | As of |
|---|---|---|---|---|---|
| Invesco Solar ETF | 1,932,235 | 0.57% | $32.15M | 1.40% | May 31, 2026 |
| Vanguard Total International Stock Index Fund | 635,074 | 0.19% | $7.73M | 0.00% | Jul 31, 2026 |
| Fidelity Pacific Basin Fund | 602,800 | 0.18% | $7.34M | 0.61% | Jul 31, 2026 |
| Vanguard Emerging Markets Stock Index Fund | 596,962 | 0.18% | $7.27M | 0.00% | Jul 31, 2026 |
| iShares Core MSCI Emerging Markets ETF | 529,192 | 0.16% | $8.81M | 0.01% | May 31, 2026 |
| Schwab Fundamental Emerging Markets Equity ETF | 473,030 | 0.14% | $7.87M | 0.08% | May 31, 2026 |
| State Street(R) SPDR(R) S&P Kensho Clean Power ETF | 436,917 | 0.13% | $5.85M | 2.34% | Jun 30, 2026 |
| Avantis Emerging Markets Equity ETF | 342,349 | 0.10% | $5.70M | 0.02% | May 31, 2026 |
| State Street(R) SPDR(R) S&P Kensho New Economies Composite ETF | 323,440 | 0.10% | $4.33M | 0.15% | Jun 30, 2026 |
| Old Westbury Small & Mid Cap Strategies Fund | 268,743 | 0.08% | $3.27M | 0.04% | Jul 31, 2026 |
| Templeton Emerging Markets Equity Fund | 193,324 | 0.06% | $2.59M | 0.09% | Jun 30, 2026 |
| Vanguard Ftse All-World Ex-US Index Fund | 100,490 | 0.03% | $1.22M | 0.00% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio Emerging Markets ETF | 93,913 | 0.03% | $1.26M | 0.01% | Jun 30, 2026 |
| Schwab Fundamental Emerging Markets Equity Index Fund | 81,599 | 0.02% | $993.06K | 0.05% | Jul 31, 2026 |
| Invesco RAFI Emerging Markets ETF | 81,062 | 0.02% | $986.52K | 0.05% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Xiang Xu | Chief Executive Officer, Director | 38,667,215 | 11.43% | Mar 13, 2026 |
| Xiaoyu Xu | Deputy Chief Executive Officer, Director | – | – | Mar 13, 2026 |
| Ming-Rain Yang | Chief Financial Officer | – | – | Mar 13, 2026 |
| Guangfu Xu | Director | 62,201,150 | 18.38% | Mar 13, 2026 |
| Fumin Zhuo | Director | 213,350 | 0.06% | Mar 13, 2026 |
| Fei Ge | Director | 11,202,830 | 3.31% | Mar 13, 2026 |
| Dafeng Shi | Director | 8,301,359 | 2.45% | Mar 13, 2026 |
| Rong Ling Chen | Director | 574,150 | 0.17% | Mar 13, 2026 |
| Arthur Lap Tat Wong | Director | 596,675 | 0.18% | Mar 13, 2026 |
| Minsong Liang | Director | 280,280 | 0.08% | Mar 13, 2026 |
| Shuming ZHAO | Director | 233,845 | 0.07% | Mar 13, 2026 |
| Guoqing Chen | Director | – | – | Mar 13, 2026 |
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Dafeng Shi Director | Dec 4, 2025 | 200,000 | $6.61M | Dec 4, 2025 | Share Incentive Plan |
| Minsong Liang Director | Nov 3, 2025 | 10,000 | $310.00K | Nov 12, 2025 | RSU vesting |
| Ming-Rain Yang Officer | Sep 25, 2025 | 8,750 | $265.30K | Sep 25, 2025 | Share Incentive Plan |
| Shuming ZHAO Director | Sep 24, 2025 | 30,000 | $800.40K | Oct 1, 2025 | RSU Vesting |
| Ming-Rain Yang Officer | Dec 14, 2023 | 93,390 | $2.15M | Dec 14, 2023 | Share Incentive Plan |