TOP Ships
TOPS
12 hedge funds and large institutions have $224K invested in TOP Ships in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
98% more capital invested
Capital invested by funds: $113K → $224K (+$111K)
71% more funds holding
Funds holding: 7 → 12 (+5)
0.4% more ownership
Funds ownership: 0.11% → 0.52% (+0.4%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$121K |
| 2 |
TSS
Two Sigma Securities
New York
|
+$112K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$98.7K |
| 4 |
BCM
Bayesian Capital Management
Brooklyn,
New York
|
+$94.1K |
| 5 |
EGM
Engineers Gate Manager
New York
|
+$66.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$80K |
| 2 |
Morgan Stanley
New York
|
-$26K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$8.13K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$41 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Millennium Management
New York
| $45K | +$121K | +2,957 | New |
|
|
TSS
2
Two Sigma Securities
New York
| $41.7K | +$112K | +2,735 | New |
|
|
AA
3
Ancora Advisors
Cleveland,
Ohio
| $37K | +$98.7K | +2,405 | New |
|
|
BCM
4
Bayesian Capital Management
Brooklyn,
New York
| $34.9K | +$94.1K | +2,292 | New |
|
|
EGM
5
Engineers Gate Manager
New York
| $24.8K | +$66.8K | +1,627 | New |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $20K | +$50.3K | +1,226 | +1,362% |
|
7
Two Sigma Investments
New York
| $14.1K | +$38K | +926 | New |
|
8
Bank of America
Charlotte,
North Carolina
| $5.64K | +$15.2K | +370 | New |
|
|
IA
9
IFP Advisors
Tampa,
Florida
| $1K | -$8.13K | -198 | -95% |
|
|
FDCDDQ
10
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $64 | – | – | – |
|
|
SIC
11
Salem Investment Counselors
Winston Salem,
North Carolina
| $3 | – | – | – |
|
|
12
Acadian Asset Management
Boston,
Massachusetts
| – | -$80K | -2,223 | Closed |
|
|
13
Morgan Stanley
New York
| – | -$26K | -700 | Closed |
|
|
14
Osaic Holdings
Scottsdale,
Arizona
| – | -$41 | -1 | -20% |
|
TOPS Hedge Fund Activity: Q4 2022 in Review
12 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in TOP Ships (TOPS) for Q4 2022, worth a combined $224K — up 98% from $113K a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TOPS positions and 2 closed out — a net gain of 5 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $121K. The largest seller was Acadian Asset Management, exiting entirely with an estimated $80K sold.
- 12 institutional investors held TOP Ships (TOPS) as of Q4 2022, up from 7 in Q3 2022.
- Funds reported $224K of TOP Ships stock for Q4 2022, up 98% quarter-over-quarter.
- 7 funds opened new TOP Ships positions in Q4 2022 and 2 closed out, a net change of +5 holders.
- The largest TOP Ships buyer in Q4 2022 was Millennium Management, an estimated $121K added.
- The largest TOP Ships seller in Q4 2022 was Acadian Asset Management, an estimated $80K sold.
Based on aggregated 13F filings for Q4 2022.