Genco Shipping & Trading
185 hedge funds and large institutions have $526M invested in Genco Shipping & Trading in 2024 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 60 increasing their positions, 60 reducing their positions, and 30 closing their positions.
14% more call options, than puts
Call options by funds: $1.45M | Put options by funds: $1.28M
10% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 30
1% more funds holding
Funds holding: 183 → 185 (+2)
0% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 60
1.41% less ownership
Funds ownership: 65.06% → 63.66% (-1.4%)
11% less capital invested
Capital invested by funds: $591M → $526M (-$64.5M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$15.3M |
| 2 |
BlackRock
New York
|
+$8.41M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.67M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$4.1M |
| 5 |
JP Morgan Chase
New York
|
+$3.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$15.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.67M |
| 3 |
EWM
Elevatus Welath Management
Victor,
New York
|
-$6.24M |
| 4 |
Morgan Stanley
New York
|
-$3.66M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$3.11M |
GNK Hedge Fund Activity: Q3 2024 in Review
185 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q3 2024, worth a combined $526M — down 11% from $591M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new GNK positions and 30 closed out — a net gain of 3 holders — while 60 added to existing stakes and 60 trimmed.
The largest buyer was Focus Partners Wealth, opening a new position worth an estimated $15.3M. The largest seller was Victory Capital Management, cutting an estimated $15.8M.
- 185 institutional investors held Genco Shipping & Trading (GNK) as of Q3 2024, up from 183 in Q2 2024.
- Funds reported $526M of Genco Shipping & Trading stock for Q3 2024, down 11% quarter-over-quarter.
- 33 funds opened new Genco Shipping & Trading positions in Q3 2024 and 30 closed out, a net change of +3 holders.
- The largest Genco Shipping & Trading buyer in Q3 2024 was Focus Partners Wealth, an estimated $15.3M added.
- The largest Genco Shipping & Trading seller in Q3 2024 was Victory Capital Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q3 2024.