TOP Ships
TOPS
10 hedge funds and large institutions have $135K invested in TOP Ships in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
0.39% less ownership
Funds ownership: 0.52% → 0.13% (-0.39%)
17% less funds holding
Funds holding: 12 → 10 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
40% less capital invested
Capital invested by funds: $224K → $135K (-$88.8K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSS
Two Sigma Securities
New York
|
+$25K |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$17.9K |
| 3 |
Morgan Stanley
New York
|
+$16.5K |
| 4 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$11K |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$5.84K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bayesian Capital Management
Brooklyn,
New York
|
-$34.9K |
| 2 |
EGM
Engineers Gate Manager
New York
|
-$24.8K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$20K |
| 4 |
Millennium Management
New York
|
-$17.3K |
| 5 |
Two Sigma Investments
New York
|
-$14.1K |
TOPS Hedge Fund Activity: Q1 2023 in Review
10 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in TOP Ships (TOPS) for Q1 2023, worth a combined $135K — down 40% from $224K a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TOPS and 4 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Two Sigma Securities, adding an estimated $25K. The largest seller was Bayesian Capital Management, exiting entirely with an estimated $34.9K sold.
- 10 institutional investors held TOP Ships (TOPS) as of Q1 2023, down from 12 in Q4 2022.
- Funds reported $135K of TOP Ships stock for Q1 2023, down 40% quarter-over-quarter.
- 4 funds opened new TOP Ships positions in Q1 2023 and 6 closed out, a net change of -2 holders.
- The largest TOP Ships buyer in Q1 2023 was Two Sigma Securities, an estimated $25K added.
- The largest TOP Ships seller in Q1 2023 was Bayesian Capital Management, an estimated $34.9K sold.
Based on aggregated 13F filings for Q1 2023.