Genesis Energy
119 hedge funds and large institutions have $580M invested in Genesis Energy in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 31 increasing their positions, 37 reducing their positions, and 17 closing their positions.
78% more capital invested
Capital invested by funds: $325M → $580M (+$255M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
23% more call options, than puts
Call options by funds: $3.65M | Put options by funds: $2.98M
4% more funds holding
Funds holding: 114 → 119 (+5)
1.48% less ownership
Funds ownership: 67.16% → 65.68% (-1.5%)
16% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$26.3M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$13.7M |
| 3 |
RA
RR Advisors
Dallas,
Texas
|
+$10.5M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$9.06M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$4.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$13.4M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$11M |
| 3 |
Morgan Stanley
New York
|
-$9.21M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$6.36M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
-$5.3M |
GEL Hedge Fund Activity: Q2 2020 in Review
119 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Genesis Energy (GEL) for Q2 2020, worth a combined $580M — up 78% from $325M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new GEL positions and 17 closed out — a net gain of 6 holders — while 31 added to existing stakes and 37 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $26.3M. The largest seller was ClearBridge Investments, cutting an estimated $13.4M.
- 119 institutional investors held Genesis Energy (GEL) as of Q2 2020, up from 114 in Q1 2020.
- Funds reported $580M of Genesis Energy stock for Q2 2020, up 78% quarter-over-quarter.
- 23 funds opened new Genesis Energy positions in Q2 2020 and 17 closed out, a net change of +6 holders.
- The largest Genesis Energy buyer in Q2 2020 was JP Morgan Chase, an estimated $26.3M added.
- The largest Genesis Energy seller in Q2 2020 was ClearBridge Investments, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2020.