Genco Shipping & Trading
160 hedge funds and large institutions have $313M invested in Genco Shipping & Trading in 2022 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 57 increasing their positions, 47 reducing their positions, and 31 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 47
6% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 31
1% more funds holding
Funds holding: 159 → 160 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less capital invested
Capital invested by funds: $333M → $313M (-$20.4M)
8.57% less ownership
Funds ownership: 62.93% → 54.36% (-8.6%)
12% less call options, than puts
Call options by funds: $4.28M | Put options by funds: $4.87M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Townsend & Associates
Westminster,
Colorado
|
+$6.06M |
| 2 |
Renaissance Technologies
New York
|
+$5.57M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.85M |
| 4 |
BlackRock
New York
|
+$2.43M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Centerbridge Partners
New York
|
-$28.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.37M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$4.97M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$4.68M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.21M |
GNK Hedge Fund Activity: Q4 2022 in Review
160 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q4 2022, worth a combined $313M — down 6.1% from $333M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new GNK positions and 31 closed out — a net gain of 2 holders — while 57 added to existing stakes and 47 trimmed.
The largest buyer was Townsend & Associates, adding an estimated $6.06M. The largest seller was Centerbridge Partners, cutting an estimated $28.6M.
- 160 institutional investors held Genco Shipping & Trading (GNK) as of Q4 2022, up from 159 in Q3 2022.
- Funds reported $313M of Genco Shipping & Trading stock for Q4 2022, down 6.1% quarter-over-quarter.
- 33 funds opened new Genco Shipping & Trading positions in Q4 2022 and 31 closed out, a net change of +2 holders.
- The largest Genco Shipping & Trading buyer in Q4 2022 was Townsend & Associates, an estimated $6.06M added.
- The largest Genco Shipping & Trading seller in Q4 2022 was Centerbridge Partners, an estimated $28.6M sold.
Based on aggregated 13F filings for Q4 2022.