Genie Energy
GNE
54 hedge funds and large institutions have $32.6M invested in Genie Energy in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
6% more funds holding
Funds holding: 51 → 54 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.7% less ownership
Funds ownership: 19.72% → 19.03% (-0.7%)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
36% less capital invested
Capital invested by funds: $50.6M → $32.6M (-$18M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ATC
Argent Trust Co
Nashville,
Tennessee
|
+$182K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$181K |
| 3 |
Bank of New York Mellon
New York
|
+$180K |
| 4 |
Millennium Management
New York
|
+$153K |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$130K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
-$1.85M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$505K |
| 3 |
Goldman Sachs
New York
|
-$308K |
| 4 |
Renaissance Technologies
New York
|
-$258K |
| 5 |
VNA
VNBTrust National Association
Charlottesville,
Virginia
|
-$136K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Geode Capital Management
Boston,
Massachusetts
| $783 | -$1.45K | -168 | -0.2% |
|
52
BNP Paribas Financial Markets
Paris,
France
| $46 | -$27.7K | -3,214 | -100% |
|
|
PAPAIJV
53
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
| – | -$1.85M | -165,924 | Closed |
|
|
54
Ameriprise
Minneapolis,
Minnesota
| – | -$505K | -45,282 | Closed |
|
|
55
Goldman Sachs
New York
| – | -$308K | -27,600 | Closed |
|
56
Citadel Advisors
Miami,
Florida
| – | -$37.2K | -4,323 | Closed |
|
GNE Hedge Fund Activity: Q1 2016 in Review
54 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Genie Energy (GNE) for Q1 2016, worth a combined $32.6M — down 36% from $50.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GNE positions and 4 closed out — a net gain of 3 holders — while 15 added to existing stakes and 17 trimmed.
The largest buyer was Argent Trust Co, opening a new position worth an estimated $182K. The largest seller was Paragon Associates & Paragon Associates II Joint Venture, exiting entirely with an estimated $1.85M sold.
- 54 institutional investors held Genie Energy (GNE) as of Q1 2016, up from 51 in Q4 2015.
- Funds reported $32.6M of Genie Energy stock for Q1 2016, down 36% quarter-over-quarter.
- 7 funds opened new Genie Energy positions in Q1 2016 and 4 closed out, a net change of +3 holders.
- The largest Genie Energy buyer in Q1 2016 was Argent Trust Co, an estimated $182K added.
- The largest Genie Energy seller in Q1 2016 was Paragon Associates & Paragon Associates II Joint Venture, an estimated $1.85M sold.
Based on aggregated 13F filings for Q1 2016.