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Genco Shipping & Trading

153 hedge funds and large institutions have $366M invested in Genco Shipping & Trading in 2023 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 57 increasing their positions, 46 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more call options, than puts

Call options by funds: $8.98M | Put options by funds: $6.53M

24% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 46

17% more capital invested

Capital invested by funds: $313M → $366M (+$53M)

0.89% more ownership

Funds ownership: 54.36%55.25% (+0.89%)

7% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 29

4% less funds holding

Funds holding: 160153 (-7)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
153
Holders Change
-7
Holders Change %
-4.38%
% of All Funds
2.44%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
27
Increased
57
Reduced
46
Closed
29
Calls
$8.98M
Puts
$6.53M
Net Calls
+$2.45M
Net Calls Change
+$3.04M
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
51
Raymond James & Associates
Florida
$882K +$197K +11,482 +26%
V
52
ValueWorks
New York
$861K
Wells Fargo
53
Wells Fargo
California
$776K +$590K +34,441 +228%
SIM
54
SummerHaven Investment Management
Connecticut
$769K +$18.1K +1,057 +2%
AWM
55
AE Wealth Management
Kansas
$753K -$123K -7,186 -13%
PCM
56
Prelude Capital Management
New York
$750K +$90.7K +5,296 +12%
California State Teachers Retirement System (CalSTRS)
57
California State Teachers Retirement System (CalSTRS)
California
$738K -$10K -585 -1%
Susquehanna International Group
58
Susquehanna International Group
Pennsylvania
$738K +$11.3K +659 +1%
AG
59
Algert Global
California
$717K -$131K -7,622 -14%
Group One Trading
60
Group One Trading
Illinois
$697K +$210K +12,267 +38%
LPL Financial
61
LPL Financial
California
$677K +$3.63K +212 +0.5%
CS
62
Credit Suisse
Switzerland
$676K -$81.5K -4,759 -10%
Acadian Asset Management
63
Acadian Asset Management
Massachusetts
$633K
UBS AM
64
UBS AM
Illinois
$626K -$28.9K -1,685 -4%
Principal Financial Group
65
Principal Financial Group
Iowa
$624K -$89K -5,195 -12%
Stifel Financial
66
Stifel Financial
Missouri
$613K -$70.1K -4,096 -9%
Ameriprise
67
Ameriprise
Minnesota
$595K +$438K +25,585 +206%
ASN
68
Advisory Services Network
Georgia
$580K +$130K +7,611 +26%
Jane Street
69
Jane Street
New York
$574K +$412K +24,047 +190%
Osaic Holdings
70
Osaic Holdings
Arizona
$571K +$321K +18,750 +106%
Two Sigma Advisers
71
Two Sigma Advisers
New York
$565K -$2.38M -139,200 -79%
BNP Paribas Financial Markets
72
BNP Paribas Financial Markets
France
$490K +$255K +14,900 +91%
NYLIM
73
New York Life Investment Management
New York
$477K +$110K +6,423 +27%
PHS
74
Pekin Hardy Strauss
Illinois
$455K -$1.55M -90,404 -76%
MM
75
MQS Management
New York
$437K +$180K +10,497 +60%

GNK Hedge Fund Activity: Q1 2023 in Review

153 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q1 2023, worth a combined $366M — up 17% from $313M a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of GNK and 27 opened new positions — a net loss of 2 holders — while 46 trimmed existing stakes and 57 added.

The largest buyer was Mirae Asset Global Investments, adding an estimated $20.3M. The largest seller was Centerbridge Partners, exiting entirely with an estimated $11.1M sold.

  • 153 institutional investors held Genco Shipping & Trading (GNK) as of Q1 2023, down from 160 in Q4 2022.
  • Funds reported $366M of Genco Shipping & Trading stock for Q1 2023, up 17% quarter-over-quarter.
  • 27 funds opened new Genco Shipping & Trading positions in Q1 2023 and 29 closed out, a net change of -2 holders.
  • The largest Genco Shipping & Trading buyer in Q1 2023 was Mirae Asset Global Investments, an estimated $20.3M added.
  • The largest Genco Shipping & Trading seller in Q1 2023 was Centerbridge Partners, an estimated $11.1M sold.

Based on aggregated 13F filings for Q1 2023.