Genco Shipping & Trading
159 hedge funds and large institutions have $333M invested in Genco Shipping & Trading in 2022 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 62 increasing their positions, 45 reducing their positions, and 39 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 45
7% less funds holding
Funds holding: 171 → 159 (-12)
9.67% less ownership
Funds ownership: 72.61% → 62.93% (-9.7%)
16% less call options, than puts
Call options by funds: $6.58M | Put options by funds: $7.8M
26% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 39
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
44% less capital invested
Capital invested by funds: $591M → $333M (-$258M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.9M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$5.64M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.75M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$4.36M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Centerbridge Partners
New York
|
-$29.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.44M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$7.24M |
| 5 |
Goldman Sachs
New York
|
-$5.33M |
GNK Hedge Fund Activity: Q3 2022 in Review
159 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Genco Shipping & Trading (GNK) for Q3 2022, worth a combined $333M — down 44% from $591M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of GNK and 29 opened new positions — a net loss of 10 holders — while 45 trimmed existing stakes and 62 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $5.9M. The largest seller was Centerbridge Partners, cutting an estimated $29.7M.
- 159 institutional investors held Genco Shipping & Trading (GNK) as of Q3 2022, down from 171 in Q2 2022.
- Funds reported $333M of Genco Shipping & Trading stock for Q3 2022, down 44% quarter-over-quarter.
- 29 funds opened new Genco Shipping & Trading positions in Q3 2022 and 39 closed out, a net change of -10 holders.
- The largest Genco Shipping & Trading buyer in Q3 2022 was Dimensional Fund Advisors, an estimated $5.9M added.
- The largest Genco Shipping & Trading seller in Q3 2022 was Centerbridge Partners, an estimated $29.7M sold.
Based on aggregated 13F filings for Q3 2022.