Genco Shipping & Trading
22 hedge funds and large institutions have $29.1M invested in Genco Shipping & Trading in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 4 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
71% more capital invested
Capital invested by funds: $17.1M → $29.1M (+$12.1M)
16% more funds holding
Funds holding: 19 → 22 (+3)
3% more ownership
Funds ownership: 50.69% → 53.7% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$1.04M |
| 2 |
RG
Raynor Geoffrey
|
+$245K |
| 3 |
DTL
Dynamic Technology Lab
Singapore
|
+$175K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$147K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SH
Scepter Holdings
Fort Worth,
Texas
|
-$313K |
| 2 |
Goldman Sachs
New York
|
-$60K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1K |
| 4 |
CP
Centerbridge Partners
New York
|
-$14 |
GNK Hedge Fund Activity: Q4 2016 in Review
22 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q4 2016, worth a combined $29.1M — up 71% from $17.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GNK positions and 4 closed out — a net gain of 3 holders — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Brookfield Corp, opening a new position worth an estimated $1.04M. The largest seller was Scepter Holdings, cutting an estimated $313K.
- 22 institutional investors held Genco Shipping & Trading (GNK) as of Q4 2016, up from 19 in Q3 2016.
- Funds reported $29.1M of Genco Shipping & Trading stock for Q4 2016, up 71% quarter-over-quarter.
- 7 funds opened new Genco Shipping & Trading positions in Q4 2016 and 4 closed out, a net change of +3 holders.
- The largest Genco Shipping & Trading buyer in Q4 2016 was Brookfield Corp, an estimated $1.04M added.
- The largest Genco Shipping & Trading seller in Q4 2016 was Scepter Holdings, an estimated $313K sold.
Based on aggregated 13F filings for Q4 2016.