Genco Shipping & Trading
165 hedge funds and large institutions have $764M invested in Genco Shipping & Trading in 2022 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 44 increasing their positions, 52 reducing their positions, and 23 closing their positions.
100% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 23
51% more capital invested
Capital invested by funds: $507M → $764M (+$258M)
16% more funds holding
Funds holding: 142 → 165 (+23)
1.11% more ownership
Funds ownership: 76.14% → 77.24% (+1.1%)
6% more call options, than puts
Call options by funds: $14.5M | Put options by funds: $13.7M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
15% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$8.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$7.53M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$4.16M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$3.94M |
| 5 |
GC
Gratus Capital
Atlanta,
Georgia
|
+$3.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.2M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$6.11M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.41M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$4.25M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$2.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$322K | -20,100 | Closed |
|
177
DZ Bank
Frankfurt Am Main,
Germany
| – | -$300K | -19,300 | Closed |
|
|
ZIM
178
Zacks Investment Management
Chicago,
Illinois
| – | -$267K | -16,687 | Closed |
|
|
FRM
179
Fox Run Management
Greenwich,
Connecticut
| – | -$256K | -15,977 | Closed |
|
180
Jane Street
New York
| – | -$277K | -14,965 | Closed |
|
|
E
181
Ergoteles
New York
| – | -$213K | -13,300 | Closed |
|
|
PCA
182
Personal Capital Advisors
Redwood City,
California
| – | -$161K | -10,052 | Closed |
|
183
Group One Trading
Chicago,
Illinois
| – | -$112K | -6,037 | Closed |
|
|
SOW
184
State of Wyoming
Cheyenne,
Wyoming
| – | -$41K | -2,557 | Closed |
|
|
SMG
185
Spectrum Management Group
Indianapolis,
Indiana
| – | -$13K | -800 | Closed |
|
|
GWM
186
Geneos Wealth Management
Englewood,
Colorado
| – | -$7K | -490 | Closed |
|
GNK Hedge Fund Activity: Q1 2022 in Review
165 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q1 2022, worth a combined $764M — up 51% from $507M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new GNK positions and 23 closed out — a net gain of 23 holders — while 44 added to existing stakes and 52 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $8.2M. The largest seller was Fidelity Investments, cutting an estimated $11.2M.
- 165 institutional investors held Genco Shipping & Trading (GNK) as of Q1 2022, up from 142 in Q4 2021.
- Funds reported $764M of Genco Shipping & Trading stock for Q1 2022, up 51% quarter-over-quarter.
- 46 funds opened new Genco Shipping & Trading positions in Q1 2022 and 23 closed out, a net change of +23 holders.
- The largest Genco Shipping & Trading buyer in Q1 2022 was First Trust Advisors, an estimated $8.2M added.
- The largest Genco Shipping & Trading seller in Q1 2022 was Fidelity Investments, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2022.