Genco Shipping & Trading
132 hedge funds and large institutions have $611M invested in Genco Shipping & Trading in 2021 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 44 increasing their positions, 46 reducing their positions, and 16 closing their positions.
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
19% more call options, than puts
Call options by funds: $9.45M | Put options by funds: $7.93M
8% more capital invested
Capital invested by funds: $564M → $611M (+$46.9M)
5% more funds holding
Funds holding: 126 → 132 (+6)
1.16% more ownership
Funds ownership: 71.26% → 72.42% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.2M |
| 2 |
Goldman Sachs
New York
|
+$10M |
| 3 |
Millennium Management
New York
|
+$6.12M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$4.94M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$4.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Centerbridge Partners
New York
|
-$25.3M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$4.86M |
| 3 |
Morgan Stanley
New York
|
-$4.83M |
| 4 |
AMH
Apollo Management Holdings
New York
|
-$2.83M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$2.63M |
GNK Hedge Fund Activity: Q3 2021 in Review
132 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q3 2021, worth a combined $611M — up 8.3% from $564M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new GNK positions and 16 closed out — a net gain of 7 holders — while 44 added to existing stakes and 46 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $15.2M. The largest seller was Centerbridge Partners, cutting an estimated $25.3M.
- 132 institutional investors held Genco Shipping & Trading (GNK) as of Q3 2021, up from 126 in Q2 2021.
- Funds reported $611M of Genco Shipping & Trading stock for Q3 2021, up 8.3% quarter-over-quarter.
- 23 funds opened new Genco Shipping & Trading positions in Q3 2021 and 16 closed out, a net change of +7 holders.
- The largest Genco Shipping & Trading buyer in Q3 2021 was Fidelity Investments, an estimated $15.2M added.
- The largest Genco Shipping & Trading seller in Q3 2021 was Centerbridge Partners, an estimated $25.3M sold.
Based on aggregated 13F filings for Q3 2021.