Genie Energy
GNE
45 hedge funds and large institutions have $21.5M invested in Genie Energy in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 15 closing their positions.
3.7% less ownership
Funds ownership: 21.09% → 17.39% (-3.7%)
12% less funds holding
Funds holding: 51 → 45 (-6)
12% less capital invested
Capital invested by funds: $24.5M → $21.5M (-$3.01M)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
44% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.52M |
| 2 |
Goldman Sachs
New York
|
+$776K |
| 3 |
ECM
Element Capital Management
New York
|
+$373K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$318K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3M |
| 2 |
State Street
Boston,
Massachusetts
|
-$959K |
| 3 |
JP Morgan Chase
New York
|
-$864K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$527K |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
-$377K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
New York State Common Retirement Fund
Albany,
New York
| – | -$57K | -11,500 | Closed |
|
52
VOYA Investment Management
Atlanta,
Georgia
| – | -$54K | -10,831 | Closed |
|
|
AIG
53
American International Group
New York
| – | -$43K | -8,628 | Closed |
|
54
Barclays
London,
United Kingdom
| – | -$13.6K | -2,811 | -97% |
|
|
CG
55
Cutler Group
San Francisco,
California
| – | -$11.9K | -2,451 | Closed |
|
56
Legal & General Group
London,
United Kingdom
| – | -$12K | -2,430 | Closed |
|
|
AIP
57
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$5K | -966 | Closed |
|
58
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$121 | +25 | +500% |
|
GNE Hedge Fund Activity: Q2 2018 in Review
45 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Genie Energy (GNE) for Q2 2018, worth a combined $21.5M — down 12% from $24.5M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of GNE and 9 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 10 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.52M. The largest seller was BlackRock, cutting an estimated $3M.
- 45 institutional investors held Genie Energy (GNE) as of Q2 2018, down from 51 in Q1 2018.
- Funds reported $21.5M of Genie Energy stock for Q2 2018, down 12% quarter-over-quarter.
- 9 funds opened new Genie Energy positions in Q2 2018 and 15 closed out, a net change of -6 holders.
- The largest Genie Energy buyer in Q2 2018 was Millennium Management, an estimated $1.52M added.
- The largest Genie Energy seller in Q2 2018 was BlackRock, an estimated $3M sold.
Based on aggregated 13F filings for Q2 2018.