Genie Energy
GNE
54 hedge funds and large institutions have $58.5M invested in Genie Energy in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 17 increasing their positions, 24 reducing their positions, and 7 closing their positions.
8% more capital invested
Capital invested by funds: $53.9M → $58.5M (+$4.52M)
7% more call options, than puts
Call options by funds: $295K | Put options by funds: $275K
0.18% more ownership
Funds ownership: 30.33% → 30.5% (+0.18%)
11% less funds holding
Funds holding: 61 → 54 (-7)
29% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 24
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.38M |
| 2 |
JP Morgan Chase
New York
|
+$627K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$509K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$400K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$366K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
-$1.97M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$587K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$426K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$418K |
| 5 |
Renaissance Technologies
New York
|
-$410K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BlackRock
New York
| $2K | – | – | – |
|
52
California Public Employees Retirement System
Sacramento,
California
| $2K | – | – | – |
|
53
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $106 | -$9.63K | -983 | -8% |
|
|
CCM
54
Corsair Capital Management
New York
| – | -$1.97M | -214,866 | Closed |
|
|
PAM
55
Panagora Asset Management
Boston,
Massachusetts
| – | -$426K | -46,566 | Closed |
|
|
BIM
56
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$337K | -36,881 | Closed |
|
|
MCC
57
Mid Continent Capital
Chicago,
Illinois
| – | -$326K | -35,650 | Closed |
|
58
Morgan Stanley
New York
| – | -$236K | -25,772 | Closed |
|
59
SG Americas Securities
New York
| – | -$92K | -10,043 | Closed |
|
|
BIM
60
Bridgecreek Investment Management
Tulsa,
Oklahoma
| – | -$29K | -3,150 | Closed |
|
GNE Hedge Fund Activity: Q3 2013 in Review
54 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Genie Energy (GNE) for Q3 2013, worth a combined $58.5M — up 8.4% from $53.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GNE and 1 opened new positions — a net loss of 6 holders — while 24 trimmed existing stakes and 17 added.
The largest buyer was Guggenheim Capital, adding an estimated $4.38M. The largest seller was Corsair Capital Management, exiting entirely with an estimated $1.97M sold.
- 54 institutional investors held Genie Energy (GNE) as of Q3 2013, down from 61 in Q2 2013.
- Funds reported $58.5M of Genie Energy stock for Q3 2013, up 8.4% quarter-over-quarter.
- 1 fund opened new Genie Energy positions in Q3 2013 and 7 closed out, a net change of -6 holders.
- The largest Genie Energy buyer in Q3 2013 was Guggenheim Capital, an estimated $4.38M added.
- The largest Genie Energy seller in Q3 2013 was Corsair Capital Management, an estimated $1.97M sold.
Based on aggregated 13F filings for Q3 2013.