Genesco
GCO
121 hedge funds and large institutions have $309M invested in Genesco in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 51 reducing their positions, and 23 closing their positions.
29% more capital invested
Capital invested by funds: $239M → $309M (+$69.3M)
10.87% more ownership
Funds ownership: 75.93% → 86.8% (+11%)
7% less funds holding
Funds holding: 130 → 121 (-9)
11% less call options, than puts
Call options by funds: $1.81M | Put options by funds: $2.02M
31% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 51
35% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$22.9M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$5.04M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$4.89M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.11M |
| 5 |
D.E. Shaw & Co
New York
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.66M |
| 2 |
HF
HRT Financial
New York
|
-$4.67M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.26M |
| 4 |
E
Ergoteles
New York
|
-$3.41M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$2.92M |
GCO Hedge Fund Activity: Q3 2023 in Review
121 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Genesco (GCO) for Q3 2023, worth a combined $309M — up 29% from $239M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of GCO and 15 opened new positions — a net loss of 8 holders — while 51 trimmed existing stakes and 35 added.
The largest buyer was Pzena Investment Management, opening a new position worth an estimated $22.9M. The largest seller was Millennium Management, cutting an estimated $6.66M.
- 121 institutional investors held Genesco (GCO) as of Q3 2023, down from 130 in Q2 2023.
- Funds reported $309M of Genesco stock for Q3 2023, up 29% quarter-over-quarter.
- 15 funds opened new Genesco positions in Q3 2023 and 23 closed out, a net change of -8 holders.
- The largest Genesco buyer in Q3 2023 was Pzena Investment Management, an estimated $22.9M added.
- The largest Genesco seller in Q3 2023 was Millennium Management, an estimated $6.66M sold.
Based on aggregated 13F filings for Q3 2023.