Genie Energy
GNE
60 hedge funds and large institutions have $56.1M invested in Genie Energy in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
3% more funds holding
Funds holding: 58 → 60 (+2)
1.63% less ownership
Funds ownership: 30.18% → 28.55% (-1.6%)
7% less capital invested
Capital invested by funds: $60.4M → $56.1M (-$4.22M)
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
89% less call options, than puts
Call options by funds: $44K | Put options by funds: $396K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Greenwood Investments
Boston,
Massachusetts
|
+$3.66M |
| 2 |
JP Morgan Chase
New York
|
+$1.33M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$372K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$301K |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$239K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.56M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$899K |
| 3 |
Goldman Sachs
New York
|
-$380K |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$326K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$297K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $9K | +$9.16K | +888 | New |
|
|
U
52
UBS
Zurich,
Switzerland
| $7K | -$22.7K | -2,198 | -75% |
|
53
Teacher Retirement System of Texas
Austin,
Texas
| $5K | -$268 | -26 | -5% |
|
|
FAM
54
Formidable Asset Management
Cincinnati,
Ohio
| $3K | – | – | – |
|
55
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
56
BlackRock
New York
| $2K | – | – | – |
|
57
BNP Paribas Financial Markets
Paris,
France
| $130 | -$1.56K | -151 | -90% |
|
58
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $109 | +$22.4K | +2,170 | +25% |
|
|
DS
59
DRW Securities
Chicago,
Illinois
| – | -$326K | -31,950 | Closed |
|
|
CS
60
Credit Suisse
Zurich,
Switzerland
| – | -$297K | -29,128 | Closed |
|
61
D.E. Shaw & Co
New York
| – | -$155K | -15,213 | Closed |
|
|
CFS
62
Community Financial System
Dewitt,
New York
| – | -$20K | -2,000 | Closed |
|
63
Group One Trading
Chicago,
Illinois
| – | +$186 | +18 | New |
|
GNE Hedge Fund Activity: Q1 2014 in Review
60 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Genie Energy (GNE) for Q1 2014, worth a combined $56.1M — down 7% from $60.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GNE positions and 5 closed out — a net gain of 3 holders — while 15 added to existing stakes and 22 trimmed.
The largest buyer was Greenwood Investments, opening a new position worth an estimated $3.66M. The largest seller was Bank of America, cutting an estimated $3.56M.
- 60 institutional investors held Genie Energy (GNE) as of Q1 2014, up from 58 in Q4 2013.
- Funds reported $56.1M of Genie Energy stock for Q1 2014, down 7% quarter-over-quarter.
- 8 funds opened new Genie Energy positions in Q1 2014 and 5 closed out, a net change of +3 holders.
- The largest Genie Energy buyer in Q1 2014 was Greenwood Investments, an estimated $3.66M added.
- The largest Genie Energy seller in Q1 2014 was Bank of America, an estimated $3.56M sold.
Based on aggregated 13F filings for Q1 2014.