Genesis Energy
151 hedge funds and large institutions have $8.93B invested in Genesis Energy in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 67 increasing their positions, 31 reducing their positions, and 9 closing their positions.
308% more capital invested
Capital invested by funds: $2.19B → $8.93B (+$6.74B)
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
126% more call options, than puts
Call options by funds: $9.24M | Put options by funds: $4.09M
116% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 31
9% more funds holding
Funds holding: 139 → 151 (+12)
5.46% more ownership
Funds ownership: 50.39% → 55.85% (+5.5%)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$83.2M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$69.5M |
| 3 |
Goldman Sachs
New York
|
+$35.1M |
| 4 |
O
OppenheimerFunds
New York
|
+$34.5M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$7.38M |
| 2 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
-$5.84M |
| 3 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
-$3.87M |
| 4 |
Neuberger Berman Group
New York
|
-$3.79M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
151
Regal Investment Advisors
Kentwood,
Michigan
| $4K | +$755 | +15 | +23% |
|
|
FTUS
152
Flow Traders U.S.
New York
| $3K | +$3.07K | +61 | New |
|
153
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $114 | -$1.21K | -24 | -1% |
|
|
RJFSA
154
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$2.4M | -46,307 | Closed |
|
|
HHAM
155
HITE Hedge Asset Management
Braintree,
Massachusetts
| – | -$1.85M | -35,740 | Closed |
|
|
HTC
156
Hershey Trust Company
Hershey,
Pennsylvania
| – | -$1.34M | -25,929 | Closed |
|
157
Franklin Resources
San Mateo,
California
| – | -$1.15M | -22,115 | Closed |
|
|
CWP
158
Capital Wealth Planning
Naples,
Florida
| – | -$518K | -10,000 | Closed |
|
159
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$226K | -4,498 | Closed |
|
|
DFIM
160
Detwiler Fenton Investment Management
Boston,
Massachusetts
| – | -$210K | -4,050 | Closed |
|
|
MFS
161
MSI Financial Services
Springfield,
Massachusetts
| – | -$84K | -1,630 | Closed |
|
GEL Hedge Fund Activity: Q3 2013 in Review
151 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Genesis Energy (GEL) for Q3 2013, worth a combined $8.93B — up 308% from $2.19B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new GEL positions and 9 closed out — a net gain of 13 holders — while 67 added to existing stakes and 31 trimmed.
The largest buyer was Tortoise Capital Advisors, adding an estimated $83.2M. The largest seller was Driehaus Capital Management, cutting an estimated $7.38M.
- 151 institutional investors held Genesis Energy (GEL) as of Q3 2013, up from 139 in Q2 2013.
- Funds reported $8.93B of Genesis Energy stock for Q3 2013, up 308% quarter-over-quarter.
- 22 funds opened new Genesis Energy positions in Q3 2013 and 9 closed out, a net change of +13 holders.
- The largest Genesis Energy buyer in Q3 2013 was Tortoise Capital Advisors, an estimated $83.2M added.
- The largest Genesis Energy seller in Q3 2013 was Driehaus Capital Management, an estimated $7.38M sold.
Based on aggregated 13F filings for Q3 2013.