Genie Energy
GNE
60 hedge funds and large institutions have $61.7M invested in Genie Energy in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 27 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
6% more capital invested
Capital invested by funds: $58.3M → $61.7M (+$3.39M)
5% more funds holding
Funds holding: 57 → 60 (+3)
0.56% less ownership
Funds ownership: 32% → 31.45% (-0.56%)
48% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 27
73% less call options, than puts
Call options by funds: $111K | Put options by funds: $404K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$338K |
| 2 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
+$219K |
| 3 |
Renaissance Technologies
New York
|
+$217K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$138K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$761K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$671K |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$332K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$309K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$150K |
GNE Hedge Fund Activity: Q3 2020 in Review
60 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Genie Energy (GNE) for Q3 2020, worth a combined $61.7M — up 5.8% from $58.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GNE positions and 5 closed out — a net gain of 3 holders — while 14 added to existing stakes and 27 trimmed.
The largest buyer was Martingale Asset Management, opening a new position worth an estimated $338K. The largest seller was Millennium Management, exiting entirely with an estimated $761K sold.
- 60 institutional investors held Genie Energy (GNE) as of Q3 2020, up from 57 in Q2 2020.
- Funds reported $61.7M of Genie Energy stock for Q3 2020, up 5.8% quarter-over-quarter.
- 8 funds opened new Genie Energy positions in Q3 2020 and 5 closed out, a net change of +3 holders.
- The largest Genie Energy buyer in Q3 2020 was Martingale Asset Management, an estimated $338K added.
- The largest Genie Energy seller in Q3 2020 was Millennium Management, an estimated $761K sold.
Based on aggregated 13F filings for Q3 2020.