Genco Shipping & Trading
47 hedge funds and large institutions have $189M invested in Genco Shipping & Trading in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 10 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
15% more funds holding
Funds holding: 41 → 47 (+6)
1.66% more ownership
Funds ownership: 56.44% → 58.1% (+1.7%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
22% less capital invested
Capital invested by funds: $243M → $189M (-$53.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.52M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$1.38M |
| 3 |
6CM
683 Capital Management
New York
|
+$726K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$696K |
| 5 |
State Street
Boston,
Massachusetts
|
+$654K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.47M |
| 2 |
Millennium Management
New York
|
-$1.12M |
| 3 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
-$1.02M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$596K |
| 5 |
LCM
Laurion Capital Management
New York
|
-$362K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
51
Segantii Capital Management
Hong Kong
| – | -$141K | -11,300 | Closed |
|
52
Jane Street
New York
| – | -$134K | -10,741 | Closed |
|
|
AA
53
Apriem Advisors
Irvine,
California
| – | -$16K | -1,275 | Closed |
|
54
Creative Planning
Overland Park,
Kansas
| – | -$4K | -305 | Closed |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| – | -$3.19K | -300 | Closed |
|
56
Barclays
London,
United Kingdom
| – | +$64 | +6 | New |
|
GNK Hedge Fund Activity: Q2 2017 in Review
47 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q2 2017, worth a combined $189M — down 22% from $243M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new GNK positions and 10 closed out — a net gain of 7 holders — while 14 added to existing stakes and 7 trimmed.
The largest buyer was BlackRock, adding an estimated $3.52M. The largest seller was GSA Capital Partners, exiting entirely with an estimated $1.47M sold.
- 47 institutional investors held Genco Shipping & Trading (GNK) as of Q2 2017, up from 41 in Q1 2017.
- Funds reported $189M of Genco Shipping & Trading stock for Q2 2017, down 22% quarter-over-quarter.
- 17 funds opened new Genco Shipping & Trading positions in Q2 2017 and 10 closed out, a net change of +7 holders.
- The largest Genco Shipping & Trading buyer in Q2 2017 was BlackRock, an estimated $3.52M added.
- The largest Genco Shipping & Trading seller in Q2 2017 was GSA Capital Partners, an estimated $1.47M sold.
Based on aggregated 13F filings for Q2 2017.