Genie Energy
GNE
55 hedge funds and large institutions have $22.9M invested in Genie Energy in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
22% more funds holding
Funds holding: 45 → 55 (+10)
7% more capital invested
Capital invested by funds: $21.5M → $22.9M (+$1.43M)
0.44% less ownership
Funds ownership: 17.39% → 16.95% (-0.44%)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$344K |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$317K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$222K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$193K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$626K |
| 2 |
Goldman Sachs
New York
|
-$618K |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$326K |
| 4 |
ECM
Element Capital Management
New York
|
-$241K |
| 5 |
Morgan Stanley
New York
|
-$172K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fidelity Investments
Boston,
Massachusetts
| $1K | +$1.11K | +200 | New |
|
52
BNP Paribas Financial Markets
Paris,
France
| $81 | – | – | – |
|
|
PP
53
Paloma Partners
Greenwich,
Connecticut
| – | -$326K | -65,699 | Closed |
|
|
ATC
54
Argent Trust Co
Nashville,
Tennessee
| – | -$100K | -20,248 | Closed |
|
|
LCM
55
Laurion Capital Management
New York
| – | -$69K | -13,981 | Closed |
|
56
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$7K | -1,388 | Closed |
|
57
Citigroup
New York
| – | -$4K | -762 | Closed |
|
58
SEI Investments
Oaks,
Pennsylvania
| – | +$50 | +9 | New |
|
59
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$245 | +44 | +147% |
|
GNE Hedge Fund Activity: Q3 2018 in Review
55 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Genie Energy (GNE) for Q3 2018, worth a combined $22.9M — up 6.7% from $21.5M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new GNE positions and 6 closed out — a net gain of 10 holders — while 14 added to existing stakes and 17 trimmed.
The largest buyer was Old West Investment Management, adding an estimated $344K. The largest seller was Millennium Management, cutting an estimated $626K.
- 55 institutional investors held Genie Energy (GNE) as of Q3 2018, up from 45 in Q2 2018.
- Funds reported $22.9M of Genie Energy stock for Q3 2018, up 6.7% quarter-over-quarter.
- 16 funds opened new Genie Energy positions in Q3 2018 and 6 closed out, a net change of +10 holders.
- The largest Genie Energy buyer in Q3 2018 was Old West Investment Management, an estimated $344K added.
- The largest Genie Energy seller in Q3 2018 was Millennium Management, an estimated $626K sold.
Based on aggregated 13F filings for Q3 2018.