We are live on ! Find out more
GNK icon

Genco Shipping & Trading
GNK

65 hedge funds and large institutions have $259M invested in Genco Shipping & Trading in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.57% less ownership

Funds ownership: 85.96% → 83.39% (-2.6%)

4% less funds holding

Funds holding: 68 → 65 (-3)

8% less capital invested

Capital invested by funds: $282M → $259M (-$22.7M)

13% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 23

20% less funds holding in top 10

Funds holding in top 10: 5 → 4 (-1)

27% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 11

Holders
65
Holders Change
-3
Holders Change %
-4.41%
% of All Funds
1.41%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.09%
New
8
Increased
20
Reduced
23
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MP
Mangrove Partners
Connecticut
+$1.45M
2
JP Morgan Chase
JP Morgan Chase
New York
+$1.04M
3
V
ValueWorks
New York
+$696K
4
BlackRock
BlackRock
New York
+$530K
5
6CM
683 Capital Management
New York
+$488K

Top Sellers

Rank Fund Capital Flow
1
QGA
Q Global Advisors
Texas
-$3.62M
2
Renaissance Technologies
Renaissance Technologies
New York
-$2.11M
3
Marshall Wace
Marshall Wace
United Kingdom
-$1.35M
4
Two Sigma Investments
Two Sigma Investments
New York
-$1.29M
5
RG
Raynor Geoffrey
-$1.23M
Name Holding Trade Value Shares
Change 		Change in
Stake
Marshall Wace
26
Marshall Wace
United Kingdom
$344K -$1.35M -164,885 -78%
Prudential Financial
27
Prudential Financial
New Jersey
$339K +$253K +31,026 +215%
PCM
28
Prelude Capital Management
New York
$221K -$35.8K -4,388 -13%
Swiss National Bank
29
Swiss National Bank
Switzerland
$219K – – –
WMSA
30
Weiss Multi-Strategy Advisers
New York
$201K -$359K -43,935 -62%
California Public Employees Retirement System
31
California Public Employees Retirement System
California
$195K +$53.3K +6,528 +33%
MAA
32
Mraz Amerine & Associates
California
$188K +$206K +25,184 New
Bank of America
33
Bank of America
North Carolina
$179K +$121K +14,815 +160%
Wells Fargo
34
Wells Fargo
California
$176K +$2.96K +363 +2%
Charles Schwab
35
Charles Schwab
California
$163K -$40.1K -4,912 -18%
Goldman Sachs
36
Goldman Sachs
New York
$162K -$105K -12,856 -37%
PH
37
Pinnacle Holdings
Oklahoma
$154K -$2.75K -336 -2%
JG
38
Jefferies Group
New York
$150K +$164K +20,114 New
TA
39
Teachers Advisors
New York
$145K – – –
AQR Capital Management
40
AQR Capital Management
Connecticut
$136K -$50.1K -6,133 -25%
Citigroup
41
Citigroup
New York
$120K -$2.3K -282 -2%
AIM
42
Alambic Investment Management
California
$119K +$131K +16,000 New
California State Teachers Retirement System (CalSTRS)
43
California State Teachers Retirement System (CalSTRS)
California
$112K -$32.2K -3,940 -21%
USAA
44
United Services Automobile Association
Texas
$105K +$115K +14,124 New
Morgan Stanley
45
Morgan Stanley
New York
$100K -$303K -37,110 -73%
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$97K +$490 +60 +0.5%
AllianceBernstein
47
AllianceBernstein
Tennessee
$96K -$66.2K -8,100 -39%
PPA
48
Parametric Portfolio Associates
Washington
$91K +$99.2K +12,140 New
Mackenzie Financial
49
Mackenzie Financial
Ontario, Canada
$86K -$4.08K -500 -4%
Royal Bank of Canada
50
Royal Bank of Canada
Ontario, Canada
$82K -$10.9K -1,340 -11%
1
2
3

GNK Hedge Fund Activity: Q1 2019 in Review

65 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q1 2019, worth a combined $259M — down 8.1% from $282M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of GNK and 8 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 20 added.

The largest buyer was Mangrove Partners, adding an estimated $1.45M. The largest seller was Q Global Advisors, exiting entirely with an estimated $3.62M sold.

  • 65 institutional investors held Genco Shipping & Trading (GNK) as of Q1 2019, down from 68 in Q4 2018.
  • Funds reported $259M of Genco Shipping & Trading stock for Q1 2019, down 8.1% quarter-over-quarter.
  • 8 funds opened new Genco Shipping & Trading positions in Q1 2019 and 11 closed out, a net change of -3 holders.
  • The largest Genco Shipping & Trading buyer in Q1 2019 was Mangrove Partners, an estimated $1.45M added.
  • The largest Genco Shipping & Trading seller in Q1 2019 was Q Global Advisors, an estimated $3.62M sold.

Based on aggregated 13F filings for Q1 2019.