Genco Shipping & Trading
40 hedge funds and large institutions have $70.3M invested in Genco Shipping & Trading in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 6 closing their positions.
0.84% less ownership
Funds ownership: 7.31% → 6.47% (-0.84%)
2% less funds holding
Funds holding: 41 → 40 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
66% less capital invested
Capital invested by funds: $208M → $70.3M (-$138M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $50K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Centerbridge Partners
New York
|
+$3.39M |
| 2 |
SH
Scepter Holdings
Fort Worth,
Texas
|
+$2.41M |
| 3 |
LCM
Leisure Capital Management
Costa Mesa,
California
|
+$103K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$30.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$10.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$23.5M |
| 2 |
VCM
Venor Capital Management
New York
|
-$5.2M |
| 3 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$3.2M |
| 4 |
JG
Jefferies Group
New York
|
-$509K |
| 5 |
HC
Hourglass Capital
Houston,
Texas
|
-$407K |
GNK Hedge Fund Activity: Q4 2015 in Review
40 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q4 2015, worth a combined $70.3M — down 66% from $208M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GNK and 5 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 7 added.
The largest buyer was Centerbridge Partners, adding an estimated $3.39M. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $23.5M sold.
- 40 institutional investors held Genco Shipping & Trading (GNK) as of Q4 2015, down from 41 in Q3 2015.
- Funds reported $70.3M of Genco Shipping & Trading stock for Q4 2015, down 66% quarter-over-quarter.
- 5 funds opened new Genco Shipping & Trading positions in Q4 2015 and 6 closed out, a net change of -1 holder.
- The largest Genco Shipping & Trading buyer in Q4 2015 was Centerbridge Partners, an estimated $3.39M added.
- The largest Genco Shipping & Trading seller in Q4 2015 was Davidson Kempner Capital Management, an estimated $23.5M sold.
Based on aggregated 13F filings for Q4 2015.