Genco Shipping & Trading
155 hedge funds and large institutions have $389M invested in Genco Shipping & Trading in 2023 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 57 increasing their positions, 46 reducing their positions, and 24 closing their positions.
72% more call options, than puts
Call options by funds: $10.1M | Put options by funds: $5.89M
24% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 46
20% more capital invested
Capital invested by funds: $324M → $389M (+$64.8M)
17% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 24
3% more funds holding
Funds holding: 151 → 155 (+4)
0.36% more ownership
Funds ownership: 54.6% → 54.97% (+0.36%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11M |
| 2 |
TA
Townsend & Associates
Westminster,
Colorado
|
+$5.73M |
| 3 |
BlackRock
New York
|
+$5.69M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.06M |
| 5 |
Two Sigma Investments
New York
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
-$11.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.82M |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$3.48M |
| 5 |
RA
Royce & Associates
New York
|
-$2.38M |
GNK Hedge Fund Activity: Q4 2023 in Review
155 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q4 2023, worth a combined $389M — up 20% from $324M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new GNK positions and 24 closed out — a net gain of 4 holders — while 57 added to existing stakes and 46 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11M. The largest seller was Cowen and Company, exiting entirely with an estimated $11.7M sold.
- 155 institutional investors held Genco Shipping & Trading (GNK) as of Q4 2023, up from 151 in Q3 2023.
- Funds reported $389M of Genco Shipping & Trading stock for Q4 2023, up 20% quarter-over-quarter.
- 28 funds opened new Genco Shipping & Trading positions in Q4 2023 and 24 closed out, a net change of +4 holders.
- The largest Genco Shipping & Trading buyer in Q4 2023 was Morgan Stanley, an estimated $11M added.
- The largest Genco Shipping & Trading seller in Q4 2023 was Cowen and Company, an estimated $11.7M sold.
Based on aggregated 13F filings for Q4 2023.