GENCO SHIPPING & TRADING LTD
GNK was delisted on the 17th of April, 2014.
58 hedge funds and large institutions have $19.9M invested in GENCO SHIPPING & TRADING LTD in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 15 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
8% less funds holding
Funds holding: 63 → 58 (-5)
31% less call options, than puts
Call options by funds: $2.29M | Put options by funds: $3.3M
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
45% less capital invested
Capital invested by funds: $36.3M → $19.9M (-$16.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$518K |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$217K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$190K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$187K |
| 5 |
ST
Spot Trading
Chicago,
Illinois
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$3.66M |
| 2 |
Goldman Sachs
New York
|
-$972K |
| 3 |
Jane Street
New York
|
-$654K |
| 4 |
Two Sigma Investments
New York
|
-$399K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$233K |
GNK Hedge Fund Activity: Q4 2013 in Review
58 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in GENCO SHIPPING & TRADING LTD (GNK) for Q4 2013, worth a combined $19.9M — down 45% from $36.3M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of GNK and 10 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 19 added.
The largest buyer was BlackRock Institutional Trust, adding an estimated $518K. The largest seller was Royce & Associates, exiting entirely with an estimated $3.66M sold.
- 58 institutional investors held GENCO SHIPPING & TRADING LTD (GNK) as of Q4 2013, down from 63 in Q3 2013.
- Funds reported $19.9M of GENCO SHIPPING & TRADING LTD stock for Q4 2013, down 45% quarter-over-quarter.
- 10 funds opened new GENCO SHIPPING & TRADING LTD positions in Q4 2013 and 15 closed out, a net change of -5 holders.
- The largest GENCO SHIPPING & TRADING LTD buyer in Q4 2013 was BlackRock Institutional Trust, an estimated $518K added.
- The largest GENCO SHIPPING & TRADING LTD seller in Q4 2013 was Royce & Associates, an estimated $3.66M sold.
Based on aggregated 13F filings for Q4 2013.