Genco Shipping & Trading
79 hedge funds and large institutions have $218M invested in Genco Shipping & Trading in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 29 reducing their positions, and 11 closing their positions.
254% more call options, than puts
Call options by funds: $1.04M | Put options by funds: $295K
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
1% more funds holding
Funds holding: 78 → 79 (+1)
2.78% less ownership
Funds ownership: 84.05% → 81.27% (-2.8%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
38% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 29
42% less capital invested
Capital invested by funds: $374M → $218M (-$157M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$952K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$653K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$639K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$475K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$469K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$6.58M |
| 2 |
EWM
Edge Wealth Management
New York
|
-$1.65M |
| 3 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
-$1.43M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.11M |
| 5 |
Renaissance Technologies
New York
|
-$878K |
GNK Hedge Fund Activity: Q1 2020 in Review
79 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q1 2020, worth a combined $218M — down 42% from $374M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GNK positions and 11 closed out — a net gain of 2 holders — while 18 added to existing stakes and 29 trimmed.
The largest buyer was Bridgeway Capital Management, adding an estimated $952K. The largest seller was Hawk Ridge Capital Management, exiting entirely with an estimated $6.58M sold.
- 79 institutional investors held Genco Shipping & Trading (GNK) as of Q1 2020, up from 78 in Q4 2019.
- Funds reported $218M of Genco Shipping & Trading stock for Q1 2020, down 42% quarter-over-quarter.
- 13 funds opened new Genco Shipping & Trading positions in Q1 2020 and 11 closed out, a net change of +2 holders.
- The largest Genco Shipping & Trading buyer in Q1 2020 was Bridgeway Capital Management, an estimated $952K added.
- The largest Genco Shipping & Trading seller in Q1 2020 was Hawk Ridge Capital Management, an estimated $6.58M sold.
Based on aggregated 13F filings for Q1 2020.