Genco Shipping & Trading
78 hedge funds and large institutions have $374M invested in Genco Shipping & Trading in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 30 increasing their positions, 12 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
150% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 12
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
17% more capital invested
Capital invested by funds: $321M → $374M (+$53.4M)
16% more funds holding
Funds holding: 67 → 78 (+11)
0.22% less ownership
Funds ownership: 84.27% → 84.05% (-0.22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$6.38M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.12M |
| 3 |
Millennium Management
New York
|
+$3.07M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.33M |
| 5 |
Squarepoint
New York
|
+$995K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SVP
Strategic Value Partners
Greenwich,
Connecticut
|
-$20.6M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.77M |
| 3 |
Goldman Sachs
New York
|
-$547K |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$262K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$230K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
76
Whittier Trust
South Pasadena,
California
| $5K | – | – | – |
|
|
TI
77
tru Independence
Portland,
Oregon
| $2K | +$3.09K | +300 | New |
|
|
78
Prudential Financial
Newark,
New Jersey
| – | -$262K | -28,510 | Closed |
|
|
JG
79
Jefferies Group
New York
| – | -$113K | -12,293 | Closed |
|
80
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$102K | -11,100 | Closed |
|
|
CSS
81
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$97K | -10,496 | Closed |
|
|
QT
82
Quantamental Technologies
White Plains,
New York
| – | -$5K | -500 | Closed |
|
|
BCA
83
Bray Capital Advisors
Naples,
Florida
| – | -$2K | -192 | Closed |
|
GNK Hedge Fund Activity: Q4 2019 in Review
78 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q4 2019, worth a combined $374M — up 17% from $321M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new GNK positions and 6 closed out — a net gain of 12 holders — while 30 added to existing stakes and 12 trimmed.
The largest buyer was Hawk Ridge Capital Management, opening a new position worth an estimated $6.38M. The largest seller was Strategic Value Partners, cutting an estimated $20.6M.
- 78 institutional investors held Genco Shipping & Trading (GNK) as of Q4 2019, up from 67 in Q3 2019.
- Funds reported $374M of Genco Shipping & Trading stock for Q4 2019, up 17% quarter-over-quarter.
- 18 funds opened new Genco Shipping & Trading positions in Q4 2019 and 6 closed out, a net change of +12 holders.
- The largest Genco Shipping & Trading buyer in Q4 2019 was Hawk Ridge Capital Management, an estimated $6.38M added.
- The largest Genco Shipping & Trading seller in Q4 2019 was Strategic Value Partners, an estimated $20.6M sold.
Based on aggregated 13F filings for Q4 2019.