Vault-13

GEN RESTAURENT GROUP GENK

CL A COM · Common Stock · CUSIP 36870C104

American restaurant chain

29 institutional holders +4 vs Q3 2024
2,490,8832.5m shares reported held*
$18.6mreported value*
7 new 8 added 6 reduced 4 sold out net bought ≈ $1.4m (+188.0k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $7.47.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

02040Q2 23: 25Q3 23: 32Q4 23: 33Q1 24: 28Q2 24: 32Q3 24: 25Q4 24: 2929Q2 23Q4 23Q2 24Q4 24
Numbers
QuarterHolders
Q2 202325
Q3 202332
Q4 202333
Q1 202428
Q2 202432
Q3 202425
Q4 202429

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 23: 18 bought or addedQ3 23: 16 cut or sold outQ3 23Q4 23: 19 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 14 bought or addedQ1 24: 22 cut or sold outQ1 24Q2 24: 16 bought or addedQ2 24: 18 cut or sold outQ2 24Q3 24: 14 bought or addedQ3 24: 14 cut or sold outQ3 24Q4 24: 15 bought or addedQ4 24: 10 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q3 20231816
Q4 20231917
Q1 20241422
Q2 20241618
Q3 20241414
Q4 20241510

Biggest buyers

WASATCH ADVISORS LP Added +148,506+148.5k
Diametric Capital, LP Added +42,175+42.2k
GOLDMAN SACHS GROUP INC New +41,277+41.3k
RENAISSANCE TECHNOLOGIES LLC Added +38,200+38.2k
SANDERS MORRIS HARRIS LLC Added +27,591+27.6k
PRELUDE CAPITAL MANAGEMENT, LLC New +24,740+24.7k
NORTHERN TRUST CORP Added +10,176+10.2k
Skylands Capital, LLC Added +8,092+8.1k
UBS Group AG New +6,383+6.4k
Tower Research Capital LLC (TRC) New +197+197

Biggest sellers

Portolan Capital Management, LLC Reduced -88,985-89.0k
CITADEL ADVISORS LLC Sold out -20,794-20.8k
SkyView Investment Advisors, LLC Sold out -17,012-17.0k
Apis Capital Advisors, LLC Sold out -10,000-10.0k
TWO SIGMA INVESTMENTS, LP Reduced -8,006-8.0k
BARD ASSOCIATES INC Reduced -7,475-7.5k
TWO SIGMA ADVISERS, LP Reduced -3,200-3.2k
JPMORGAN CHASE & CO Reduced -2,609-2.6k
MORGAN STANLEY Reduced -1,453-1.5k
CWM, LLC Sold out -10-10

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Kim David Wook Jin 13D · may seek influence filed 2025-04-30
Stated purposeItem 4 to the Schedule 13D is hereby amended and supplemented as follows. Pursuant to the Reallocation Agreement, certain shares of Class B Common Stock and Class B Units were transferred to the Reporting Persons for no consideration by Jae Chang, a director of the Issuer, and certain of his affiliates to update the recorded holdings of the Reporting Persons following the IPO to more appropriately reflect the relative value of the equity interest contributed pursuant to Contribution Agreements (as defined in the Reallocation Agreememt). A copy of the Reallocation Agreement is attached hereto as Exhibit 99.2 and incorporated herein by reference. Full filing
 68.6% 11.0m≈ $21.8m 2025-04-30
Chang Jae 13D · may seek influence filed 2025-04-30
Stated purposeItem 4 to the Schedule 13D is hereby amended and supplemented as follows. Pursuant to the Reallocation Agreement, certain shares of Class B Common Stock and Class B Units were transferred by the Reporting Persons for no consideration to David Kim, the chief executive officer and a director of the issuer, and certain of his affiliates to update the recorded holdings of the Reporting Persons following the IPO to more appropriately reflect the relative value of the equity interests contributed pursuant to the Contributiom Agreements (as defined in the Reallocation Agreement). A copy of the Reallocation Agreement is attached hereto as Exhibit 99.2 and incorporated herein by reference. Full filing
 60.7% 8.3m≈ $16.3m 2025-04-30

Insider purchases and sales in Q4 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 3 buyingQ1 24: 0 sellingQ2 24: 1 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 1 buyingQ4 24: 0 sellingQ4 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20230—0——
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20243$854.1k0——
Q2 20241$21.4k0——
Q3 20240—0——
Q4 20241$172.1k0——
DateInsiderTradeSharesPrice ValueTheir holding
2024-12-19 Kim David Wook Jin Co-Chief Executive Officer, director · Through Put Call Forever LP Bought 4,277 $7.36 $31.5k4.3k shares +3%
2024-12-16 Kim David Wook Jin Co-Chief Executive Officer, director · Through Put Call Forever LP Bought 12,500 $8.09 $101.1k12.5k shares +9%
2024-11-21 Kim David Wook Jin Co-Chief Executive Officer, director · Through Put Call Forever LP Bought 3,954 $7.90 $31.2k4.0k shares +3%
2024-11-20 Kim David Wook Jin Co-Chief Executive Officer, director · Through Put Call Forever LP Bought 46 $7.90 $36346 shares +<1%
2024-11-19 Kim David Wook Jin Co-Chief Executive Officer, director · Through Put Call Forever LP Bought 1,000 $7.90 $7.9k1.0k shares +1%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WASATCH ADVISORS LP 0.04% of their portfolio SALT LAKE CITY, UT 986,957987.0k $7.4m $7.4m 0.04% Added +148.5k +148,506
2 Portolan Capital Management, LLC 0.14% of their portfolio BOSTON, MA 283,774283.8k $2.1m $2.1m 0.14% Reduced -89.0k -88,985
3 Skylands Capital, LLC 0.25% of their portfolio Milwaukee, WI 243,992244.0k $1.8m $1.8m 0.25% Added +8.1k +8,092
4 SANDERS MORRIS HARRIS LLC 0.24% of their portfolio Houston, TX 219,990220.0k $1.6m $1.6m 0.24% Added +27.6k +27,591
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 169,371169.4k $1.3m $1.3m 0.00% Unchanged
6 BARD ASSOCIATES INC 0.43% of their portfolio CHICAGO, IL 168,201168.2k $1.3m $1.3m 0.43% Reduced -7.5k -7,475
7 Diametric Capital, LP 0.34% of their portfolio BOSTON, MA 67,93367.9k $508.1k $508.1k 0.34% Added +42.2k +42,175
8 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 54,40054.4k $406.9k $406.9k 0.00% Added +38.2k +38,200
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 46,60146.6k $348.7k $348.7k 0.00% Added +105 +105
10 CastleKnight Management LP 0.04% of their portfolio New York, NY 44,20044.2k $330.6k $330.6k 0.04% Unchanged
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 41,27741.3k $308.8k $308.8k 0.00% New
12 1492 Capital Management LLC 0.12% of their portfolio MILWAUKEE, WI 32,70932.7k $244.7k $244.7k 0.12% Unchanged
13 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 25,07125.1k $187.5k $187.5k 0.00% Added +10.2k +10,176
14 PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 24,74024.7k $185.1k $185.1k 0.02% New
15 WEALTHEDGE INVESTMENT ADVISORS, LLC 0.06% of their portfolio NEW YORK, NY 19,11919.1k $143.0k $143.0k 0.06% First filing
16 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 18,81318.8k $140.7k $140.7k 0.00% Reduced -8.0k -8,006
17 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 13,30013.3k $99.5k $99.5k 0.00% Reduced -3.2k -3,200
18 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 12,45612.5k $93.2k $93.2k 0.00% Unchanged
19 BlackRock, Inc. 0.00% of their portfolio New York, NY 10,43410.4k $78.0k $78.0k 0.00% Unchanged
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 6,3836.4k $47.7k $47.7k 0.00% New
21 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 600600 $4.5k $4.5k 0.00% Added +70 +70
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 300300 $2.2k $2.2k 0.00% Reduced -1.5k -1,453
23 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 197197 $1.5k $1.5k 0.00% New
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 3737 $277 $277 0.00% Unchanged
25 1620 INVESTMENT ADVISORS, INC. 0.00% of their portfolio PLYMOUTH, MA 1515 $112 $112 0.00% New
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 99 $67 $67 0.00% Reduced -2.6k -2,609
27 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 33 $22 $22 0.00% New
28 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 11 $7 $7 0.00% New
29 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged