Genco Shipping & Trading
142 hedge funds and large institutions have $507M invested in Genco Shipping & Trading in 2021 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 59 increasing their positions, 35 reducing their positions, and 17 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 35
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
8% more funds holding
Funds holding: 132 → 142 (+10)
3.72% more ownership
Funds ownership: 72.42% → 76.14% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
17% less capital invested
Capital invested by funds: $609M → $507M (-$103M)
20% less call options, than puts
Call options by funds: $7.8M | Put options by funds: $9.72M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$11.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.79M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$5.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$5.04M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$3.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$5.37M |
| 2 |
Goldman Sachs
New York
|
-$5.29M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$5.23M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$3.36M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$3.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Acadian Asset Management
Boston,
Massachusetts
| – | -$256K | -12,721 | Closed |
|
|
QT
152
Quantbot Technologies
New York
| – | -$246K | -12,265 | Closed |
|
|
SGI
153
Summit Global Investments
Bountiful,
Utah
| – | -$217K | -10,800 | Closed |
|
|
MAM
154
Meeder Asset Management
Dublin,
Ohio
| – | -$180K | -8,995 | Closed |
|
|
UFF
155
USA Financial Formulas
Ada,
Michigan
| – | -$63K | -3,129 | Closed |
|
|
DWA
156
Dorsey Wright & Associates
Pasadena,
California
| – | -$59K | -2,947 | Closed |
|
|
OSAM
157
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$18K | -881 | Closed |
|
158
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$65 | +4 | New |
|
GNK Hedge Fund Activity: Q4 2021 in Review
142 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q4 2021, worth a combined $507M — down 17% from $609M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new GNK positions and 17 closed out — a net gain of 11 holders — while 59 added to existing stakes and 35 trimmed.
The largest buyer was State Street, adding an estimated $11.1M. The largest seller was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, exiting entirely with an estimated $5.37M sold.
- 142 institutional investors held Genco Shipping & Trading (GNK) as of Q4 2021, up from 132 in Q3 2021.
- Funds reported $507M of Genco Shipping & Trading stock for Q4 2021, down 17% quarter-over-quarter.
- 28 funds opened new Genco Shipping & Trading positions in Q4 2021 and 17 closed out, a net change of +11 holders.
- The largest Genco Shipping & Trading buyer in Q4 2021 was State Street, an estimated $11.1M added.
- The largest Genco Shipping & Trading seller in Q4 2021 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $5.37M sold.
Based on aggregated 13F filings for Q4 2021.