Genesco
GCO
130 hedge funds and large institutions have $239M invested in Genesco in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 42 reducing their positions, and 34 closing their positions.
97% more call options, than puts
Call options by funds: $3.39M | Put options by funds: $1.72M
33% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 42
7.8% less ownership
Funds ownership: 83.72% → 75.93% (-7.8%)
12% less funds holding
Funds holding: 148 → 130 (-18)
39% less capital invested
Capital invested by funds: $389M → $239M (-$150M)
53% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 34
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$11.3M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$8.01M |
| 3 |
D.E. Shaw & Co
New York
|
+$7.93M |
| 4 |
HF
HRT Financial
New York
|
+$5.8M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$30.3M |
| 2 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
-$15.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$13M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$8.88M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$8.55M |
GCO Hedge Fund Activity: Q2 2023 in Review
130 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Genesco (GCO) for Q2 2023, worth a combined $239M — down 39% from $389M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of GCO and 16 opened new positions — a net loss of 18 holders — while 42 trimmed existing stakes and 56 added.
The largest buyer was Millennium Management, adding an estimated $11.3M. The largest seller was BlackRock, cutting an estimated $30.3M.
- 130 institutional investors held Genesco (GCO) as of Q2 2023, down from 148 in Q1 2023.
- Funds reported $239M of Genesco stock for Q2 2023, down 39% quarter-over-quarter.
- 16 funds opened new Genesco positions in Q2 2023 and 34 closed out, a net change of -18 holders.
- The largest Genesco buyer in Q2 2023 was Millennium Management, an estimated $11.3M added.
- The largest Genesco seller in Q2 2023 was BlackRock, an estimated $30.3M sold.
Based on aggregated 13F filings for Q2 2023.