Genco Shipping & Trading
72 hedge funds and large institutions have $229M invested in Genco Shipping & Trading in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 27 reducing their positions, and 7 closing their positions.
33% more call options, than puts
Call options by funds: $317K | Put options by funds: $238K
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
10% more capital invested
Capital invested by funds: $209M → $229M (+$20.1M)
3% more funds holding
Funds holding: 70 → 72 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.2% less ownership
Funds ownership: 79.75% → 79.54% (-0.2%)
41% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$611K |
| 2 |
Millennium Management
New York
|
+$364K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$271K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$226K |
| 5 |
Jane Street
New York
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$438K |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$400K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$366K |
| 4 |
PCM
Prelude Capital Management
New York
|
-$264K |
| 5 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
-$250K |
GNK Hedge Fund Activity: Q3 2020 in Review
72 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q3 2020, worth a combined $229M — up 9.6% from $209M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GNK positions and 7 closed out — a net gain of 2 holders — while 16 added to existing stakes and 27 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $611K. The largest seller was Mangrove Partners, cutting an estimated $438K.
- 72 institutional investors held Genco Shipping & Trading (GNK) as of Q3 2020, up from 70 in Q2 2020.
- Funds reported $229M of Genco Shipping & Trading stock for Q3 2020, up 9.6% quarter-over-quarter.
- 9 funds opened new Genco Shipping & Trading positions in Q3 2020 and 7 closed out, a net change of +2 holders.
- The largest Genco Shipping & Trading buyer in Q3 2020 was Arrowstreet Capital, an estimated $611K added.
- The largest Genco Shipping & Trading seller in Q3 2020 was Mangrove Partners, an estimated $438K sold.
Based on aggregated 13F filings for Q3 2020.