Genco Shipping & Trading
70 hedge funds and large institutions have $209M invested in Genco Shipping & Trading in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 18 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
21% more call options, than puts
Call options by funds: $371K | Put options by funds: $306K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less capital invested
Capital invested by funds: $218M → $209M (-$8.33M)
1.52% less ownership
Funds ownership: 81.27% → 79.75% (-1.5%)
11% less funds holding
Funds holding: 79 → 70 (-9)
44% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$445K |
| 2 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
+$405K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$359K |
| 4 |
Goldman Sachs
New York
|
+$274K |
| 5 |
PCM
Prelude Capital Management
New York
|
+$243K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.26M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$1.23M |
| 3 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
-$853K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$491K |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$374K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWS
76
AJ Wealth Strategies
New York
| – | -$112K | -17,508 | Closed |
|
|
TI
77
Trexquant Investment
Stamford,
Connecticut
| – | -$98K | -15,274 | Closed |
|
78
AQR Capital Management
Greenwich,
Connecticut
| – | -$87K | -13,539 | Closed |
|
79
Two Sigma Investments
New York
| – | -$83K | -12,999 | Closed |
|
80
Citadel Advisors
Miami,
Florida
| – | -$83K | -12,936 | Closed |
|
|
JCA
81
Jade Capital Advisors
Essex Fells,
New Jersey
| – | -$36K | -5,537 | Closed |
|
|
CAN
82
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$8K | -1,257 | Closed |
|
|
ASN
83
Advisory Services Network
Atlanta,
Georgia
| – | -$6K | -1,000 | Closed |
|
84
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$6K | -1,000 | Closed |
|
|
MAM
85
Meeder Asset Management
Dublin,
Ohio
| – | -$5K | -739 | Closed |
|
|
WT
86
Whittier Trust
South Pasadena,
California
| – | -$3K | -489 | Closed |
|
GNK Hedge Fund Activity: Q2 2020 in Review
70 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q2 2020, worth a combined $209M — down 3.8% from $218M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of GNK and 10 opened new positions — a net loss of 8 holders — while 19 trimmed existing stakes and 25 added.
The largest buyer was BlackRock, adding an estimated $445K. The largest seller was Millennium Management, exiting entirely with an estimated $1.26M sold.
- 70 institutional investors held Genco Shipping & Trading (GNK) as of Q2 2020, down from 79 in Q1 2020.
- Funds reported $209M of Genco Shipping & Trading stock for Q2 2020, down 3.8% quarter-over-quarter.
- 10 funds opened new Genco Shipping & Trading positions in Q2 2020 and 18 closed out, a net change of -8 holders.
- The largest Genco Shipping & Trading buyer in Q2 2020 was BlackRock, an estimated $445K added.
- The largest Genco Shipping & Trading seller in Q2 2020 was Millennium Management, an estimated $1.26M sold.
Based on aggregated 13F filings for Q2 2020.