TOP Ships
TOPS
9 hedge funds and large institutions have $793K invested in TOP Ships in 2025 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 3 closing their positions.
246% more capital invested
Capital invested by funds: $229K → $793K (+$564K)
0.52% more ownership
Funds ownership: 0.82% → 1.34% (+0.52%)
10% less funds holding
Funds holding: 10 → 9 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
+$176K |
| 2 |
Morgan Stanley
New York
|
+$13.8K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$25 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$28.7K |
| 2 |
OC
Oarsman Capital
Milwaukee,
Wisconsin
|
-$6.03K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$907 |
| 4 |
JP Morgan Chase
New York
|
-$390 |
| 5 |
SS
SBI Securities
Tokyo,
Japan
|
-$12 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
1
Gotham Asset Management
New York
| $570K | +$176K | +27,977 | New |
|
2
Dimensional Fund Advisors
Austin,
Texas
| $109K | – | – | – |
|
3
Cetera Investment Advisers
Schaumburg,
Illinois
| $71.7K | – | – | – |
|
|
4
Morgan Stanley
New York
| $33.9K | +$13.8K | +2,200 | +73% |
|
|
FDCDDQ
5
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $4.59K | – | – | – |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $4.06K | -$907 | -144 | -19% |
|
|
7
Osaic Holdings
Scottsdale,
Arizona
| $26 | +$25 | +4 | New |
|
|
8
JP Morgan Chase
New York
| $13 | -$390 | -62 | -97% |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$28.7K | -4,762 | Closed |
|
|
OC
10
Oarsman Capital
Milwaukee,
Wisconsin
| – | -$6.03K | -1,000 | Closed |
|
|
SS
11
SBI Securities
Tokyo,
Japan
| – | -$12 | -2 | Closed |
|
TOPS Hedge Fund Activity: Q1 2025 in Review
9 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in TOP Ships (TOPS) for Q1 2025, worth a combined $793K — up 246% from $229K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of TOPS and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Gotham Asset Management, opening a new position worth an estimated $176K. The largest seller was UBS Group, exiting entirely with an estimated $28.7K sold.
- 9 institutional investors held TOP Ships (TOPS) as of Q1 2025, down from 10 in Q4 2024.
- Funds reported $793K of TOP Ships stock for Q1 2025, up 246% quarter-over-quarter.
- 2 funds opened new TOP Ships positions in Q1 2025 and 3 closed out, a net change of -1 holder.
- The largest TOP Ships buyer in Q1 2025 was Gotham Asset Management, an estimated $176K added.
- The largest TOP Ships seller in Q1 2025 was UBS Group, an estimated $28.7K sold.
Based on aggregated 13F filings for Q1 2025.