Genco Shipping & Trading
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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.15M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$1.97M |
| 3 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$1.67M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$788K |
| 5 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$443K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Raynor Geoffrey
|
-$3.54M |
| 2 |
Renaissance Technologies
New York
|
-$943K |
| 3 |
JP Morgan Chase
New York
|
-$630K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$515K |
| 5 |
V
ValueWorks
New York
|
-$455K |
GNK Hedge Fund Activity: Q2 2019 in Review
65 of the 4,625 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.