Genco Shipping & Trading
183 hedge funds and large institutions have $591M invested in Genco Shipping & Trading in 2024 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 74 increasing their positions, 39 reducing their positions, and 22 closing their positions.
114% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 22
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
90% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 39
63% more call options, than puts
Call options by funds: $3.47M | Put options by funds: $2.13M
17% more capital invested
Capital invested by funds: $503M → $591M (+$87.9M)
14% more funds holding
Funds holding: 161 → 183 (+22)
6.55% more ownership
Funds ownership: 58.51% → 65.06% (+6.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
+$11.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10.7M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$10.5M |
| 4 |
Two Sigma Investments
New York
|
+$9.41M |
| 5 |
Renaissance Technologies
New York
|
+$9.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$18.3M |
| 2 |
IAM
Ion Asset Management
Herzliya,
Israel
|
-$7.83M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$5.08M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.6M |
| 5 |
AA
Armor Advisors
New York
|
-$2.92M |
GNK Hedge Fund Activity: Q2 2024 in Review
183 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q2 2024, worth a combined $591M — up 17% from $503M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new GNK positions and 22 closed out — a net gain of 25 holders — while 74 added to existing stakes and 39 trimmed.
The largest buyer was Two Sigma Advisers, adding an estimated $11.9M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $18.3M sold.
- 183 institutional investors held Genco Shipping & Trading (GNK) as of Q2 2024, up from 161 in Q1 2024.
- Funds reported $591M of Genco Shipping & Trading stock for Q2 2024, up 17% quarter-over-quarter.
- 47 funds opened new Genco Shipping & Trading positions in Q2 2024 and 22 closed out, a net change of +25 holders.
- The largest Genco Shipping & Trading buyer in Q2 2024 was Two Sigma Advisers, an estimated $11.9M added.
- The largest Genco Shipping & Trading seller in Q2 2024 was Mirae Asset Global Investments, an estimated $18.3M sold.
Based on aggregated 13F filings for Q2 2024.