Eagle Bulk Shipping Inc.
EGLE
EGLE was delisted on the 8th of April, 2024.
127 hedge funds and large institutions have $500M invested in Eagle Bulk Shipping Inc. in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 50 reducing their positions, and 30 closing their positions.
7% more call options, than puts
Call options by funds: $8.64M | Put options by funds: $8.04M
4% less capital invested
Capital invested by funds: $520M → $500M (-$20.4M)
9% less funds holding
Funds holding: 140 → 127 (-13)
20% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 50
37% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 30
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$20.8M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$12.5M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$6.37M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.69M |
| 5 |
Morgan Stanley
New York
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$17.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.02M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.43M |
| 4 |
Renaissance Technologies
New York
|
-$4.31M |
| 5 |
State Street
Boston,
Massachusetts
|
-$4.28M |
EGLE Hedge Fund Activity: Q1 2023 in Review
127 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Eagle Bulk Shipping Inc. (EGLE) for Q1 2023, worth a combined $500M — down 3.9% from $520M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of EGLE and 19 opened new positions — a net loss of 11 holders — while 50 trimmed existing stakes and 40 added.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $20.8M. The largest seller was Marshall Wace, cutting an estimated $17.3M.
- 127 institutional investors held Eagle Bulk Shipping Inc. (EGLE) as of Q1 2023, down from 140 in Q4 2022.
- Funds reported $500M of Eagle Bulk Shipping Inc. stock for Q1 2023, down 3.9% quarter-over-quarter.
- 19 funds opened new Eagle Bulk Shipping Inc. positions in Q1 2023 and 30 closed out, a net change of -11 holders.
- The largest Eagle Bulk Shipping Inc. buyer in Q1 2023 was Mirae Asset Global Investments, an estimated $20.8M added.
- The largest Eagle Bulk Shipping Inc. seller in Q1 2023 was Marshall Wace, an estimated $17.3M sold.
Based on aggregated 13F filings for Q1 2023.