Genco Shipping & Trading
29 hedge funds and large institutions have $139M invested in Genco Shipping & Trading in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 8 closing their positions.
381% more capital invested
Capital invested by funds: $28.8M → $139M (+$110M)
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
0.94% less ownership
Funds ownership: 6.13% → 5.19% (-0.94%)
19% less funds holding
Funds holding: 36 → 29 (-7)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSS
Two Sigma Securities
New York
|
+$15.7K |
| 2 |
Goldman Sachs
New York
|
+$15K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.24K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$7.05K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.18K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$3.23M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$615K |
| 3 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$252K |
| 4 |
RA
Royce & Associates
New York
|
-$195K |
| 5 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$126K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFA
26
BlackRock Fund Advisors
San Francisco,
California
| $1K | +$121 | +20 | +8% |
|
27
Morgan Stanley
New York
| $1K | +$296 | +49 | +25% |
|
|
AGC
28
Alden Global Capital
Brandon,
Florida
| – | -$3.23M | -504,467 | Closed |
|
|
SPC
29
Silver Point Capital
Greenwich,
Connecticut
| – | -$252K | -39,300 | Closed |
|
|
SCM
30
Schneider Capital Management
Berwyn,
Pennsylvania
| – | -$126K | -19,763 | Closed |
|
|
VKH
31
Virtu KCG Holdings
New York
| – | -$16K | -2,464 | Closed |
|
32
Bank of New York Mellon
New York
| – | -$8K | -1,292 | Closed |
|
|
EWM
33
Edge Wealth Management
New York
| – | -$1K | -28 | Closed |
|
GNK Hedge Fund Activity: Q2 2016 in Review
29 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q2 2016, worth a combined $139M — up 381% from $28.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GNK and 1 opened new positions — a net loss of 7 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Two Sigma Securities, opening a new position worth an estimated $15.7K. The largest seller was Alden Global Capital, exiting entirely with an estimated $3.23M sold.
- 29 institutional investors held Genco Shipping & Trading (GNK) as of Q2 2016, down from 36 in Q1 2016.
- Funds reported $139M of Genco Shipping & Trading stock for Q2 2016, up 381% quarter-over-quarter.
- 1 fund opened new Genco Shipping & Trading positions in Q2 2016 and 8 closed out, a net change of -7 holders.
- The largest Genco Shipping & Trading buyer in Q2 2016 was Two Sigma Securities, an estimated $15.7K added.
- The largest Genco Shipping & Trading seller in Q2 2016 was Alden Global Capital, an estimated $3.23M sold.
Based on aggregated 13F filings for Q2 2016.