Genie Energy
GNE
56 hedge funds and large institutions have $30M invested in Genie Energy in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
20% more capital invested
Capital invested by funds: $25M → $30M (+$4.96M)
2% more funds holding
Funds holding: 55 → 56 (+1)
0.93% less ownership
Funds ownership: 18.88% → 17.95% (-0.93%)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.75M |
| 2 |
Millennium Management
New York
|
+$149K |
| 3 |
Renaissance Technologies
New York
|
+$94.2K |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$68.6K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$68.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$482K |
| 2 |
Morgan Stanley
New York
|
-$117K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$95K |
| 4 |
JP Morgan Chase
New York
|
-$76.1K |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$71.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
51
Meeder Asset Management
Dublin,
Ohio
| $3K | -$4.43K | -755 | -63% |
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | – | – | – |
|
|
MIM
53
Macroview Investment Management
Bethesda,
Maryland
| $2K | +$18 | +3 | +1% |
|
|
PA
54
Parallel Advisors
San Francisco,
California
| $2K | +$1.24K | +211 | New |
|
55
BNP Paribas Financial Markets
Paris,
France
| $500 | -$2.16K | -369 | -84% |
|
|
56
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$95K | -16,568 | Closed |
|
|
GC
57
Guggenheim Capital
Chicago,
Illinois
| – | -$60K | -10,414 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$9K | -1,536 | Closed |
|
59
Simplex Trading
Chicago,
Illinois
| – | -$4.5K | -768 | Closed |
|
GNE Hedge Fund Activity: Q1 2017 in Review
56 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Genie Energy (GNE) for Q1 2017, worth a combined $30M — up 20% from $25M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GNE positions and 5 closed out — a net gain of 6 holders — while 17 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, adding an estimated $5.75M. The largest seller was Dimensional Fund Advisors, cutting an estimated $482K.
- 56 institutional investors held Genie Energy (GNE) as of Q1 2017, up from 55 in Q4 2016.
- Funds reported $30M of Genie Energy stock for Q1 2017, up 20% quarter-over-quarter.
- 11 funds opened new Genie Energy positions in Q1 2017 and 5 closed out, a net change of +6 holders.
- The largest Genie Energy buyer in Q1 2017 was BlackRock, an estimated $5.75M added.
- The largest Genie Energy seller in Q1 2017 was Dimensional Fund Advisors, an estimated $482K sold.
Based on aggregated 13F filings for Q1 2017.