GENCO SHIPPING & TRADING LTD
GNK was delisted on the 17th of April, 2014.
58 hedge funds and large institutions have $21.2M invested in GENCO SHIPPING & TRADING LTD in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 7 closing their positions.
7% more capital invested
Capital invested by funds: $19.9M → $21.2M (+$1.3M)
0% more funds holding
Funds holding: 58 → 58 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
18% less call options, than puts
Call options by funds: $3.26M | Put options by funds: $3.96M
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.22M |
| 2 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
+$1.56M |
| 3 |
SC
Sculptor Capital
New York
|
+$1.43M |
| 4 |
Goldman Sachs
New York
|
+$831K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$793K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$220K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$190K |
| 3 |
ST
Spot Trading
Chicago,
Illinois
|
-$159K |
| 4 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
-$151K |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$127K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $2 | – | – | – |
|
|
ST
52
Spot Trading
Chicago,
Illinois
| – | -$159K | -83,407 | -100% |
|
|
AC
53
Aristeia Capital
Greenwich,
Connecticut
| – | -$127K | -50,755 | Closed |
|
54
Group One Trading
Chicago,
Illinois
| – | -$70.2K | -36,746 | Closed |
|
|
T
55
TradeWorx
Red Bank,
New Jersey
| – | -$76K | -30,344 | Closed |
|
56
Walleye Trading
New York
| – | -$45.3K | -23,723 | -99% |
|
57
Millennium Management
New York
| – | -$52K | -20,700 | Closed |
|
58
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$35K | -14,000 | Closed |
|
59
Verition Fund Management
Greenwich,
Connecticut
| – | -$33K | -13,215 | Closed |
|
|
FNYS
60
First New York Securities
New York
| – | -$3K | -1,000 | Closed |
|
GNK Hedge Fund Activity: Q1 2014 in Review
58 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in GENCO SHIPPING & TRADING LTD (GNK) for Q1 2014, worth a combined $21.2M — up 6.5% from $19.9M a quarter earlier.
Fund positioning in GNK was balanced in Q1 2014: 7 funds opened new positions, 7 closed out, 14 added to existing stakes and 20 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.22M. The largest seller was Nomura Holdings, cutting an estimated $220K.
- 58 institutional investors held GENCO SHIPPING & TRADING LTD (GNK) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $21.2M of GENCO SHIPPING & TRADING LTD stock for Q1 2014, up 6.5% quarter-over-quarter.
- 7 funds opened new GENCO SHIPPING & TRADING LTD positions in Q1 2014 and 7 closed out, a net change of 0 holders.
- The largest GENCO SHIPPING & TRADING LTD buyer in Q1 2014 was Morgan Stanley, an estimated $3.22M added.
- The largest GENCO SHIPPING & TRADING LTD seller in Q1 2014 was Nomura Holdings, an estimated $220K sold.
Based on aggregated 13F filings for Q1 2014.