Genesis Energy
150 hedge funds and large institutions have $1.77B invested in Genesis Energy in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 57 increasing their positions, 50 reducing their positions, and 27 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
14% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 50
1.47% less ownership
Funds ownership: 74.62% → 73.15% (-1.5%)
10% less funds holding
Funds holding: 167 → 150 (-17)
14% less capital invested
Capital invested by funds: $2.04B → $1.77B (-$277M)
59% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 27
75% less call options, than puts
Call options by funds: $3.74M | Put options by funds: $15.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$45.8M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$20.3M |
| 3 |
O
OppenheimerFunds
New York
|
+$7.67M |
| 4 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$7.31M |
| 5 |
ClearBridge Investments
New York
|
+$7.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$107M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$21.1M |
| 3 |
Morgan Stanley
New York
|
-$18.6M |
| 4 |
Blackstone Inc
New York
|
-$8.03M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
-$7.58M |
GEL Hedge Fund Activity: Q1 2018 in Review
150 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Genesis Energy (GEL) for Q1 2018, worth a combined $1.77B — down 14% from $2.04B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of GEL and 11 opened new positions — a net loss of 16 holders — while 50 trimmed existing stakes and 57 added.
The largest buyer was Chickasaw Capital Management, adding an estimated $45.8M. The largest seller was Tortoise Capital Advisors, cutting an estimated $107M.
- 150 institutional investors held Genesis Energy (GEL) as of Q1 2018, down from 167 in Q4 2017.
- Funds reported $1.77B of Genesis Energy stock for Q1 2018, down 14% quarter-over-quarter.
- 11 funds opened new Genesis Energy positions in Q1 2018 and 27 closed out, a net change of -16 holders.
- The largest Genesis Energy buyer in Q1 2018 was Chickasaw Capital Management, an estimated $45.8M added.
- The largest Genesis Energy seller in Q1 2018 was Tortoise Capital Advisors, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2018.