Genesis Energy
166 hedge funds and large institutions have $2.38B invested in Genesis Energy in 2017 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 51 increasing their positions, 55 reducing their positions, and 25 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 55
1.02% less ownership
Funds ownership: 74.61% → 73.59% (-1%)
5% less funds holding
Funds holding: 174 → 166 (-8)
18% less capital invested
Capital invested by funds: $2.9B → $2.38B (-$523M)
24% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 25
28% less call options, than puts
Call options by funds: $4.35M | Put options by funds: $6M
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$25M |
| 2 |
JP Morgan Chase
New York
|
+$19.7M |
| 3 |
O
OppenheimerFunds
New York
|
+$17.7M |
| 4 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$15.2M |
| 5 |
ClearBridge Investments
New York
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$52.4M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$29.5M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$27.9M |
| 4 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$27.7M |
| 5 |
CC
Cannell & Co
New York
|
-$24.6M |
GEL Hedge Fund Activity: Q3 2017 in Review
166 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Genesis Energy (GEL) for Q3 2017, worth a combined $2.38B — down 18% from $2.9B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of GEL and 19 opened new positions — a net loss of 6 holders — while 55 trimmed existing stakes and 51 added.
The largest buyer was ALPS Advisors, adding an estimated $25M. The largest seller was Harvest Fund Advisors, exiting entirely with an estimated $52.4M sold.
- 166 institutional investors held Genesis Energy (GEL) as of Q3 2017, down from 174 in Q2 2017.
- Funds reported $2.38B of Genesis Energy stock for Q3 2017, down 18% quarter-over-quarter.
- 19 funds opened new Genesis Energy positions in Q3 2017 and 25 closed out, a net change of -6 holders.
- The largest Genesis Energy buyer in Q3 2017 was ALPS Advisors, an estimated $25M added.
- The largest Genesis Energy seller in Q3 2017 was Harvest Fund Advisors, an estimated $52.4M sold.
Based on aggregated 13F filings for Q3 2017.