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Genco Shipping & Trading

96 hedge funds and large institutions have $565M invested in Genco Shipping & Trading in 2018 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 33 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

680% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 5

200% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 11

55% more funds holding

Funds holding: 6296 (+34)

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

30% more capital invested

Capital invested by funds: $436M → $565M (+$129M)

1.04% less ownership

Funds ownership: 88.75%87.71% (-1%)

Holders
96
Holders Change
+34
Holders Change %
+54.84%
% of All Funds
2.2%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
39
Increased
33
Reduced
11
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CP
1
Centerbridge Partners
New York
$163M
SVP
2
Strategic Value Partners
Connecticut
$158M
AMH
3
Apollo Management Holdings
New York
$83.9M
EGA
4
Evermore Global Advisors
New Jersey
$28.2M +$30.9M +1,818,182 New
Millennium Management
5
Millennium Management
New York
$12.8M +$11.2M +658,468 +391%
BlackRock
6
BlackRock
New York
$10.6M +$5.66M +332,725 +95%
Renaissance Technologies
7
Renaissance Technologies
New York
$9.49M +$5.67M +333,000 +119%
RG
8
Raynor Geoffrey
$9.3M -$5.1M -300,000 -33%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$7.06M +$5.3M +311,378 +216%
RCIM
10
Russell Clark Investment Management
United Kingdom
$4.17M
PC
11
Precocity Capital
Connecticut
$3.88M +$4.25M +250,000 New
TCIM
12
TIAA CREF Investment Management
New York
$3.85M +$1.7M +100,076 +67%
AL
13
AJO LP
Pennsylvania
$3.58M +$3.93M +230,803 New
LCM
14
Laurion Capital Management
New York
$3.53M +$3.87M +227,527 New
GCP
15
GSA Capital Partners
United Kingdom
$3.48M +$3.19M +187,772 +508%
Vanguard Group
16
Vanguard Group
Pennsylvania
$3.45M +$1.38M +81,013 +57%
Two Sigma Investments
17
Two Sigma Investments
New York
$3.19M +$2.72M +160,141 +350%
MWNA
18
Marshall Wace North America
New York
$2.92M +$2.57M +150,825 +402%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$2.84M +$1.77M +103,768 +130%
CGM
20
Centenus Global Management
New York
$2.56M +$2.81M +165,000 New
Federated Hermes
21
Federated Hermes
Pennsylvania
$2.51M +$2.76M +161,964 +76,039%
Citadel Advisors
22
Citadel Advisors
Florida
$2.07M +$1.91M +112,155 +532%
Arrowstreet Capital
23
Arrowstreet Capital
Massachusetts
$2.05M +$2.25M +132,320 New
Deutsche Bank
24
Deutsche Bank
Germany
$1.96M -$157K -9,222 -7%
State Street
25
State Street
Massachusetts
$1.88M +$120K +7,048 +6%

GNK Hedge Fund Activity: Q2 2018 in Review

96 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q2 2018, worth a combined $565M — up 30% from $436M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new GNK positions and 5 closed out — a net gain of 34 holders — while 33 added to existing stakes and 11 trimmed.

The largest buyer was Evermore Global Advisors, opening a new position worth an estimated $30.9M. The largest seller was Mangrove Partners, exiting entirely with an estimated $9.65M sold.

  • 96 institutional investors held Genco Shipping & Trading (GNK) as of Q2 2018, up from 62 in Q1 2018.
  • Funds reported $565M of Genco Shipping & Trading stock for Q2 2018, up 30% quarter-over-quarter.
  • 39 funds opened new Genco Shipping & Trading positions in Q2 2018 and 5 closed out, a net change of +34 holders.
  • The largest Genco Shipping & Trading buyer in Q2 2018 was Evermore Global Advisors, an estimated $30.9M added.
  • The largest Genco Shipping & Trading seller in Q2 2018 was Mangrove Partners, an estimated $9.65M sold.

Based on aggregated 13F filings for Q2 2018.