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Genco Shipping & Trading

159 hedge funds and large institutions have $333M invested in Genco Shipping & Trading in 2022 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 62 increasing their positions, 45 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 45

7% less funds holding

Funds holding: 171159 (-12)

9.67% less ownership

Funds ownership: 72.61%62.93% (-9.7%)

16% less call options, than puts

Call options by funds: $6.58M | Put options by funds: $7.8M

26% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 39

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

44% less capital invested

Capital invested by funds: $591M → $333M (-$258M)

Holders
159
Holders Change
-12
Holders Change %
-7.02%
% of All Funds
2.74%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
29
Increased
62
Reduced
45
Closed
39
Calls
$6.58M
Puts
$7.8M
Net Calls
-$1.21M
Net Calls Change
+$3.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$3.84M -$5.33M -335,819 -52%
Allianz Asset Management
27
Allianz Asset Management
Germany
$3.56M -$447K -28,150 -9%
EGA
28
Evermore Global Advisors
New Jersey
$2.97M
Two Sigma Investments
29
Two Sigma Investments
New York
$2.5M -$1.55M -97,690 -33%
Prudential Financial
30
Prudential Financial
New Jersey
$2.04M +$697K +43,900 +37%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$1.99M +$139K +8,784 +6%
BRWA
32
B. Riley Wealth Advisors
Florida
$1.66M +$360K +22,640 +21%
N
33
Nuveen
North Carolina
$1.55M -$7.24M -455,664 -79%
ETM
34
Euclidean Technologies Management
Washington
$1.5M +$1.9M +119,500 New
BNP Paribas Financial Markets
35
BNP Paribas Financial Markets
France
$1.48M +$1.57M +98,571 +507%
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$1.47M -$634K -39,933 -25%
PHS
37
Pekin Hardy Strauss
Illinois
$1.46M -$31.8K -2,000 -2%
BGIM
38
Brandywine Global Investment Management
Pennsylvania
$1.46M -$60.6K -3,814 -3%
LSV Asset Management
39
LSV Asset Management
Illinois
$1.26M
Qube Research & Technologies (QRT)
40
Qube Research & Technologies (QRT)
United Kingdom
$1.24M -$709K -44,651 -31%
Charles Schwab
41
Charles Schwab
California
$1.2M +$17.5K +1,103 +1%
Squarepoint
42
Squarepoint
New York
$1.16M +$895K +56,345 +154%
Swiss National Bank
43
Swiss National Bank
Switzerland
$1.11M
AA
44
Ancora Advisors
Ohio
$914K +$320K +20,150 +38%
AIC
45
Aurora Investment Counsel
Georgia
$879K +$206K +12,951 +23%
Los Angeles Capital Management
46
Los Angeles Capital Management
California
$867K +$1.1M +69,161 New
QT
47
Quantbot Technologies
New York
$858K +$197K +12,428 +22%
SWM
48
SeaCrest Wealth Management
New York
$806K +$366K +23,073 +56%
AG
49
Algert Global
California
$768K +$345K +21,707 +55%
Teacher Retirement System of Texas
50
Teacher Retirement System of Texas
Texas
$741K -$1.32M -83,429 -59%

GNK Hedge Fund Activity: Q3 2022 in Review

159 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q3 2022, worth a combined $333M — down 44% from $591M a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of GNK and 29 opened new positions — a net loss of 10 holders — while 45 trimmed existing stakes and 62 added.

The largest buyer was Dimensional Fund Advisors, adding an estimated $5.9M. The largest seller was Centerbridge Partners, cutting an estimated $29.7M.

  • 159 institutional investors held Genco Shipping & Trading (GNK) as of Q3 2022, down from 171 in Q2 2022.
  • Funds reported $333M of Genco Shipping & Trading stock for Q3 2022, down 44% quarter-over-quarter.
  • 29 funds opened new Genco Shipping & Trading positions in Q3 2022 and 39 closed out, a net change of -10 holders.
  • The largest Genco Shipping & Trading buyer in Q3 2022 was Dimensional Fund Advisors, an estimated $5.9M added.
  • The largest Genco Shipping & Trading seller in Q3 2022 was Centerbridge Partners, an estimated $29.7M sold.

Based on aggregated 13F filings for Q3 2022.