Performance Shipping
PSHG
8 hedge funds and large institutions have $1.23M invested in Performance Shipping in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 6 closing their positions.
1.18% less ownership
Funds ownership: 6.5% → 5.32% (-1.2%)
27% less funds holding
Funds holding: 11 → 8 (-3)
31% less capital invested
Capital invested by funds: $1.79M → $1.23M (-$557K)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$119K |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$24.7K |
| 3 |
Morgan Stanley
New York
|
+$9.74K |
| 4 |
LPL Financial
San Diego,
California
|
+$2.92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$113K |
| 2 |
CCM
Connective Capital Management
Palo Alto,
California
|
-$109K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$62.5K |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
-$56K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$52.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Acadian Asset Management
Boston,
Massachusetts
| $815K | -$52.9K | -27,173 | -6% |
|
|
2
HighTower Advisors
Chicago,
Illinois
| $116K | +$119K | +61,326 | New |
|
|
3
Renaissance Technologies
New York
| $101K | -$113K | -58,025 | -52% |
|
|
CCC
4
Cable Car Capital
San Francisco,
California
| $100K | – | – | – |
|
5
UBS Group
Zurich,
Switzerland
| $37.2K | -$12.8K | -6,561 | -25% |
|
|
6
LPL Financial
San Diego,
California
| $32.1K | +$2.92K | +1,500 | +10% |
|
|
WAM
7
Weiss Asset Management
Boston,
Massachusetts
| $24K | +$24.7K | +12,700 | New |
|
|
8
Morgan Stanley
New York
| $9.45K | +$9.74K | +5,000 | New |
|
|
CCM
9
Connective Capital Management
Palo Alto,
California
| – | -$109K | -48,169 | Closed |
|
|
10
Citadel Advisors
Miami,
Florida
| – | -$62.5K | -27,537 | Closed |
|
|
QC
11
Quadrature Capital
London,
United Kingdom
| – | -$56K | -24,649 | Closed |
|
|
TSS
12
Two Sigma Securities
New York
| – | -$28.2K | -12,428 | Closed |
|
|
XT
13
XTX Topco
George Town,
Cayman Islands
| – | -$27.7K | -12,185 | Closed |
|
14
Osaic Holdings
Scottsdale,
Arizona
| – | -$11 | -5 | Closed |
|
PSHG Hedge Fund Activity: Q1 2024 in Review
8 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Performance Shipping (PSHG) for Q1 2024, worth a combined $1.23M — down 31% from $1.79M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PSHG and 3 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $119K. The largest seller was Renaissance Technologies, cutting an estimated $113K.
- 8 institutional investors held Performance Shipping (PSHG) as of Q1 2024, down from 11 in Q4 2023.
- Funds reported $1.23M of Performance Shipping stock for Q1 2024, down 31% quarter-over-quarter.
- 3 funds opened new Performance Shipping positions in Q1 2024 and 6 closed out, a net change of -3 holders.
- The largest Performance Shipping buyer in Q1 2024 was HighTower Advisors, an estimated $119K added.
- The largest Performance Shipping seller in Q1 2024 was Renaissance Technologies, an estimated $113K sold.
Based on aggregated 13F filings for Q1 2024.