Genesis Energy
110 hedge funds and large institutions have $917M invested in Genesis Energy in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 33 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
6% more funds holding
Funds holding: 104 → 110 (+6)
0.81% less ownership
Funds ownership: 68.29% → 67.47% (-0.81%)
9% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 33
5% less capital invested
Capital invested by funds: $969M → $917M (-$52.3M)
17% less call options, than puts
Call options by funds: $3.21M | Put options by funds: $3.86M
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
|
+$8.7M |
| 2 |
Citigroup
New York
|
+$7.25M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.77M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.47M |
| 5 |
Barclays
London,
United Kingdom
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.1M |
| 2 |
JP Morgan Chase
New York
|
-$8.07M |
| 3 |
RA
RR Advisors
Dallas,
Texas
|
-$7.49M |
| 4 |
Jennison Associates
New York
|
-$5.4M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$3.8M |
GEL Hedge Fund Activity: Q1 2024 in Review
110 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Genesis Energy (GEL) for Q1 2024, worth a combined $917M — down 5.4% from $969M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GEL positions and 5 closed out — a net gain of 7 holders — while 30 added to existing stakes and 33 trimmed.
The largest buyer was Mirae Asset Global Investments, adding an estimated $8.7M. The largest seller was Morgan Stanley, cutting an estimated $14.1M.
- 110 institutional investors held Genesis Energy (GEL) as of Q1 2024, up from 104 in Q4 2023.
- Funds reported $917M of Genesis Energy stock for Q1 2024, down 5.4% quarter-over-quarter.
- 12 funds opened new Genesis Energy positions in Q1 2024 and 5 closed out, a net change of +7 holders.
- The largest Genesis Energy buyer in Q1 2024 was Mirae Asset Global Investments, an estimated $8.7M added.
- The largest Genesis Energy seller in Q1 2024 was Morgan Stanley, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2024.