TOPS - Top Ships
Printed from CEF Radar (cefradar.com). Source: public filings at the U.S. Securities and Exchange Commission. Last checked: Nov 2, 2026, 3:57 p.m. New York time.
TOPS is a company, not a closed-end fund. We still track it - notices about it are below - but most of this site is about funds.
Is anyone targeting this fund?
Yes - one large investor is pushing for changes at this company.
- Family Trading owns 22% and has said it may push for changes. Since Sept 21, 2026.
What this means for you
Family Trading has told the regulator it may push for changes at this company. That usually means asking for a seat on the board, a sale of the company, or a change in how it is run.
Nothing is required of you now.
Large investors can also sell down and walk away. We show every notice they file, the day it is filed.
What happened, and when
-
Oct 29, 2026
Family Trading cut its stake to 22% (from 23.7%). It has said it may push for changes.
Original document → -
Sept 24, 2026
Family Trading cut its stake to 23.7% (from 37.6%). It has said it may push for changes.
Original document → -
Sept 21, 2026
Family Trading now owns 37.6%. It has said it may push for changes.
Original document →
Details: all notices, events and fund facts
| Date | Investor | Stake | Type of notice |
|---|---|---|---|
| Oct 29, 2026 | Family Trading | 22% | Updated notice |
| Sept 24, 2026 | Family Trading | 23.7% | Updated notice |
| Sept 21, 2026 | Family Trading | 37.6% | Updated notice |
No announcements from the fund on file. Most funds announce their payout on their own website, not in a filing with the regulator, so a cut or a raise there does not show up here.
- Run by
- not filed yet
- Fund family
- not filed yet
- Exchange
- New York Stock Exchange
See this fund's page at the SEC →
Email me when something new is filed for TOPS
Free. One email when a large investor files a notice, or when the fund announces a buy-back, a vote or a closing - usually within a day. No password. Most funds announce payout changes on their own website, where we do not look.