Genesis Energy
184 hedge funds and large institutions have $3B invested in Genesis Energy in 2016 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 61 increasing their positions, 59 reducing their positions, and 19 closing their positions.
753% more call options, than puts
Call options by funds: $55.9M | Put options by funds: $6.56M
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
21% more capital invested
Capital invested by funds: $2.48B → $3B (+$527M)
5% more funds holding
Funds holding: 175 → 184 (+9)
3% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 59
0.37% more ownership
Funds ownership: 70.8% → 71.17% (+0.37%)
Top Buyers
| 1 |
ClearBridge Investments
New York
|
+$39.1M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$30.3M |
| 3 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$25.8M |
| 4 |
O
OppenheimerFunds
New York
|
+$23.3M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$15.6M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$30.9M |
| 2 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$23.3M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
-$15.7M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
-$13.5M |
| 5 |
Morgan Stanley
New York
|
-$11.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Bessemer Group
Woodbridge,
New Jersey
| – | -$36K | -1,125 | Closed |
|
|
AIM
202
Acrospire Investment Management
Chicago,
Illinois
| – | -$10K | -300 | Closed |
|
|
DVM
203
Dreman Value Management
West Palm Beach,
Florida
| – | -$9K | -286 | Closed |
|
|
BWA
204
Burt Wealth Advisors
North Bethesda,
Maryland
| – | -$8K | -250 | Closed |
|
205
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -100 | Closed |
|
GEL Hedge Fund Activity: Q2 2016 in Review
184 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Genesis Energy (GEL) for Q2 2016, worth a combined $3B — up 21% from $2.48B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new GEL positions and 19 closed out — a net gain of 11 holders — while 61 added to existing stakes and 59 trimmed.
The largest buyer was ClearBridge Investments, adding an estimated $39.1M. The largest seller was Goldman Sachs, cutting an estimated $30.9M.
- 184 institutional investors held Genesis Energy (GEL) as of Q2 2016, up from 175 in Q1 2016.
- Funds reported $3B of Genesis Energy stock for Q2 2016, up 21% quarter-over-quarter.
- 30 funds opened new Genesis Energy positions in Q2 2016 and 19 closed out, a net change of +11 holders.
- The largest Genesis Energy buyer in Q2 2016 was ClearBridge Investments, an estimated $39.1M added.
- The largest Genesis Energy seller in Q2 2016 was Goldman Sachs, an estimated $30.9M sold.
Based on aggregated 13F filings for Q2 2016.