Genie Energy
GNE
50 hedge funds and large institutions have $40.2M invested in Genie Energy in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 25 reducing their positions, and 22 closing their positions.
3.41% less ownership
Funds ownership: 29.24% → 25.83% (-3.4%)
12% less capital invested
Capital invested by funds: $46M → $40.2M (-$5.73M)
21% less funds holding
Funds holding: 63 → 50 (-13)
59% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 22
64% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 25
80% less call options, than puts
Call options by funds: $41K | Put options by funds: $207K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kanen Wealth Management
Coconut Creek,
Florida
|
+$6.42M |
| 2 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$613K |
| 3 |
E
Ergoteles
New York
|
+$369K |
| 4 |
TEE
Tibra Equities Europe
London,
United Kingdom
|
+$297K |
| 5 |
Millennium Management
New York
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$4.5M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.14M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.14M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$848K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$705K |
GNE Hedge Fund Activity: Q2 2021 in Review
50 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Genie Energy (GNE) for Q2 2021, worth a combined $40.2M — down 12% from $46M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of GNE and 9 opened new positions — a net loss of 13 holders — while 25 trimmed existing stakes and 9 added.
The largest buyer was Kanen Wealth Management, opening a new position worth an estimated $6.42M. The largest seller was BlackRock, cutting an estimated $4.5M.
- 50 institutional investors held Genie Energy (GNE) as of Q2 2021, down from 63 in Q1 2021.
- Funds reported $40.2M of Genie Energy stock for Q2 2021, down 12% quarter-over-quarter.
- 9 funds opened new Genie Energy positions in Q2 2021 and 22 closed out, a net change of -13 holders.
- The largest Genie Energy buyer in Q2 2021 was Kanen Wealth Management, an estimated $6.42M added.
- The largest Genie Energy seller in Q2 2021 was BlackRock, an estimated $4.5M sold.
Based on aggregated 13F filings for Q2 2021.