Genco Shipping & Trading
89 hedge funds and large institutions have $514M invested in Genco Shipping & Trading in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 29 reducing their positions, and 20 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 29
0.68% more ownership
Funds ownership: 87.71% → 88.4% (+0.68%)
7% less funds holding
Funds holding: 96 → 89 (-7)
9% less capital invested
Capital invested by funds: $565M → $514M (-$51.3M)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$7.19M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$4.36M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.07M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$2.93M |
| 5 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
+$2.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Precocity Capital
Stamford,
Connecticut
|
-$3.88M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$3.58M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$2.92M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$2.78M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$2.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
101
Virtu Financial
New York
| – | -$264K | -17,002 | Closed |
|
102
Acadian Asset Management
Boston,
Massachusetts
| – | -$249K | -16,093 | Closed |
|
|
JG
103
Jefferies Group
New York
| – | -$183K | -11,800 | Closed |
|
104
Russell Investments Group
London,
United Kingdom
| – | -$163K | -10,514 | Closed |
|
|
ECM
105
Element Capital Management
New York
| – | -$161K | -10,378 | Closed |
|
|
AA
106
Apriem Advisors
Irvine,
California
| – | -$20K | -1,275 | Closed |
|
|
SJIM
107
St. Johns Investment Management
Jacksonville,
Florida
| – | -$19K | -1,230 | Closed |
|
|
FHA
108
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$8K | -548 | Closed |
|
|
PIA
109
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$2K | -141 | Closed |
|
GNK Hedge Fund Activity: Q3 2018 in Review
89 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q3 2018, worth a combined $514M — down 9.1% from $565M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of GNK and 13 opened new positions — a net loss of 7 holders — while 29 trimmed existing stakes and 32 added.
The largest buyer was Marshall Wace, opening a new position worth an estimated $7.19M. The largest seller was Precocity Capital, exiting entirely with an estimated $3.88M sold.
- 89 institutional investors held Genco Shipping & Trading (GNK) as of Q3 2018, down from 96 in Q2 2018.
- Funds reported $514M of Genco Shipping & Trading stock for Q3 2018, down 9.1% quarter-over-quarter.
- 13 funds opened new Genco Shipping & Trading positions in Q3 2018 and 20 closed out, a net change of -7 holders.
- The largest Genco Shipping & Trading buyer in Q3 2018 was Marshall Wace, an estimated $7.19M added.
- The largest Genco Shipping & Trading seller in Q3 2018 was Precocity Capital, an estimated $3.88M sold.
Based on aggregated 13F filings for Q3 2018.