Genie Energy
GNE
53 hedge funds and large institutions have $36.9M invested in Genie Energy in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 11 increasing their positions, 21 reducing their positions, and 22 closing their positions.
4.8% less ownership
Funds ownership: 28.55% → 23.75% (-4.8%)
12% less funds holding
Funds holding: 60 → 53 (-7)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
34% less capital invested
Capital invested by funds: $56.1M → $36.9M (-$19.3M)
48% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 21
97% less call options, than puts
Call options by funds: $6K | Put options by funds: $182K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$1.87M |
| 2 |
VNA
VNBTrust National Association
Charlottesville,
Virginia
|
+$1.22M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$869K |
| 4 |
Renaissance Technologies
New York
|
+$598K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$523K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.54M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.33M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.04M |
| 4 |
JP Morgan Chase
New York
|
-$1.96M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.26M |
GNE Hedge Fund Activity: Q2 2014 in Review
53 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Genie Energy (GNE) for Q2 2014, worth a combined $36.9M — down 34% from $56.1M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of GNE and 15 opened new positions — a net loss of 7 holders — while 21 trimmed existing stakes and 11 added.
The largest buyer was Boston Partners, opening a new position worth an estimated $1.87M. The largest seller was BlackRock Fund Advisors, cutting an estimated $2.54M.
- 53 institutional investors held Genie Energy (GNE) as of Q2 2014, down from 60 in Q1 2014.
- Funds reported $36.9M of Genie Energy stock for Q2 2014, down 34% quarter-over-quarter.
- 15 funds opened new Genie Energy positions in Q2 2014 and 22 closed out, a net change of -7 holders.
- The largest Genie Energy buyer in Q2 2014 was Boston Partners, an estimated $1.87M added.
- The largest Genie Energy seller in Q2 2014 was BlackRock Fund Advisors, an estimated $2.54M sold.
Based on aggregated 13F filings for Q2 2014.