Eagle Bulk Shipping Inc.
EGLE
EGLE was delisted on the 8th of April, 2024.
115 hedge funds and large institutions have $283M invested in Eagle Bulk Shipping Inc. in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 33 increasing their positions, 51 reducing their positions, and 29 closing their positions.
55% more call options, than puts
Call options by funds: $9.33M | Put options by funds: $6.02M
9% less funds holding
Funds holding: 126 → 115 (-11)
31% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 29
35% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 51
43% less capital invested
Capital invested by funds: $500M → $283M (-$216M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$3.2M |
| 2 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$1.59M |
| 3 |
BlackRock
New York
|
+$1.57M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$1.11M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$894K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$172M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$17.7M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$10.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.72M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.42M |
EGLE Hedge Fund Activity: Q2 2023 in Review
115 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Eagle Bulk Shipping Inc. (EGLE) for Q2 2023, worth a combined $283M — down 43% from $500M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of EGLE and 20 opened new positions — a net loss of 9 holders — while 51 trimmed existing stakes and 33 added.
The largest buyer was Empowered Funds, opening a new position worth an estimated $3.2M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $172M sold.
- 115 institutional investors held Eagle Bulk Shipping Inc. (EGLE) as of Q2 2023, down from 126 in Q1 2023.
- Funds reported $283M of Eagle Bulk Shipping Inc. stock for Q2 2023, down 43% quarter-over-quarter.
- 20 funds opened new Eagle Bulk Shipping Inc. positions in Q2 2023 and 29 closed out, a net change of -9 holders.
- The largest Eagle Bulk Shipping Inc. buyer in Q2 2023 was Empowered Funds, an estimated $3.2M added.
- The largest Eagle Bulk Shipping Inc. seller in Q2 2023 was Oaktree Capital Management, an estimated $172M sold.
Based on aggregated 13F filings for Q2 2023.