We are live on ! Find out more
GNK icon

Genco Shipping & Trading
GNK

65 hedge funds and large institutions have $293M invested in Genco Shipping & Trading in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 18 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

28% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 18

13% more capital invested

Capital invested by funds: $259M → $293M (+$33.7M)

0% more funds holding

Funds holding: 65 → 65 (0)

0.12% less ownership

Funds ownership: 83.39% → 83.27% (-0.12%)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

Holders
65
Holders Change
–
Holders Change %
0%
% of All Funds
1.41%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
8
Increased
23
Reduced
18
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
BlackRock
BlackRock
New York
+$2.15M
2
MP
Mangrove Partners
Connecticut
+$1.97M
3
EGA
Evermore Global Advisors
New Jersey
+$1.67M
4
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$788K
5
MERSOM
Municipal Employees' Retirement System of Michigan
Michigan
+$443K

Top Sellers

1
RG
Raynor Geoffrey
-$3.54M
2
Renaissance Technologies
Renaissance Technologies
New York
-$943K
3
JP Morgan Chase
JP Morgan Chase
New York
-$630K
4
Deutsche Bank
Deutsche Bank
Germany
-$515K
5
V
ValueWorks
New York
-$455K
Name Holding Trade Value Shares
Change 		Change in
Stake
CP
1
Centerbridge Partners
New York
$88.5M – – –
SVP
2
Strategic Value Partners
Connecticut
$85.8M – – –
AMH
3
Apollo Management Holdings
New York
$45.7M – – –
EGA
4
Evermore Global Advisors
New Jersey
$18.8M +$1.67M +201,400 +10%
MP
5
Mangrove Partners
Connecticut
$13.8M +$1.97M +237,647 +17%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$8.72M +$788K +95,215 +10%
BlackRock
7
BlackRock
New York
$8.61M +$2.15M +260,096 +34%
Vanguard Group
8
Vanguard Group
Pennsylvania
$2.61M +$35.4K +4,284 +1%
Renaissance Technologies
9
Renaissance Technologies
New York
$1.86M -$943K -113,930 -34%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$1.74M +$296K +35,757 +21%
BCM
11
Bridgeway Capital Management
Texas
$1.69M – – –
State Street
12
State Street
Massachusetts
$1.66M +$239K +28,881 +17%
6CM
13
683 Capital Management
New York
$1.52M +$20.7K +2,496 +1%
RCIM
14
Russell Clark Investment Management
United Kingdom
$1.13M – – –
Northern Trust
15
Northern Trust
Illinois
$1.11M +$69.2K +8,364 +7%
JP Morgan Chase
16
JP Morgan Chase
New York
$999K -$630K -76,191 -38%
UBS Group
17
UBS Group
Switzerland
$803K -$72.8K -8,803 -8%
Prudential Financial
18
Prudential Financial
New Jersey
$662K +$273K +33,000 +73%
V
19
ValueWorks
New York
$464K -$455K -55,000 -50%
MERSOM
20
Municipal Employees' Retirement System of Michigan
Michigan
$452K +$443K +53,570 New
Wells Fargo
21
Wells Fargo
California
$441K +$237K +28,643 +121%
N
22
Nuveen
North Carolina
$403K +$396K +47,809 New
Bank of New York Mellon
23
Bank of New York Mellon
New York
$397K -$4.27K -516 -1%
Marshall Wace
24
Marshall Wace
United Kingdom
$341K -$46.5K -5,624 -12%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$327K -$389K -46,990 -55%
1
2 3

GNK Hedge Fund Activity: Q2 2019 in Review

65 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q2 2019, worth a combined $293M — up 13% from $259M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new GNK positions and 6 closed out — a net gain of 2 holders — while 23 added to existing stakes and 18 trimmed.

The largest buyer was BlackRock, adding an estimated $2.15M. The largest seller was Raynor Geoffrey, exiting entirely with an estimated $3.54M sold.

  • 65 institutional investors held Genco Shipping & Trading (GNK) as of Q2 2019, unchanged from Q1 2019.
  • Funds reported $293M of Genco Shipping & Trading stock for Q2 2019, up 13% quarter-over-quarter.
  • 8 funds opened new Genco Shipping & Trading positions in Q2 2019 and 6 closed out, a net change of +2 holders.
  • The largest Genco Shipping & Trading buyer in Q2 2019 was BlackRock, an estimated $2.15M added.
  • The largest Genco Shipping & Trading seller in Q2 2019 was Raynor Geoffrey, an estimated $3.54M sold.

Based on aggregated 13F filings for Q2 2019.