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StealthGas

60 hedge funds and large institutions have $273M invested in StealthGas in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more capital invested

Capital invested by funds: $250M → $273M (+$22.7M)

9% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 22

6% less funds holding

Funds holding: 6460 (-4)

40% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 10

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

84% less call options, than puts

Call options by funds: $122K | Put options by funds: $749K

Holders
60
Holders Change
-4
Holders Change %
-6.25%
% of All Funds
1.72%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
6
Increased
24
Reduced
22
Closed
10
Calls
$122K
Puts
$749K
Net Calls
-$627K
Net Calls Change
+$171K
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Investments
26
Two Sigma Investments
New York
$1.13M +$594K +55,337 +118%
RFC
27
Russell Frank Company
Washington
$1.05M +$173K +16,100 +21%
Two Sigma Advisers
28
Two Sigma Advisers
New York
$985K +$760K +70,800 +395%
Goldman Sachs
29
Goldman Sachs
New York
$851K -$629K -58,590 -43%
Morgan Stanley
30
Morgan Stanley
New York
$836K +$330K +30,677 +69%
NL
31
NWAM LLC
Washington
$784K +$143K +13,275 +23%
Asset Management One
32
Asset Management One
Japan
$634K +$118K +11,000 +24%
DCM
33
Driehaus Capital Management
Illinois
$605K +$338K +31,477 +137%
California Public Employees Retirement System
34
California Public Employees Retirement System
California
$498K
Invesco
35
Invesco
Georgia
$491K -$23.6K -2,200 -5%
TC
36
TFS Capital
Pennsylvania
$479K -$68K -6,328 -13%
State Street
37
State Street
Massachusetts
$316K -$9.97K -928 -3%
PP
38
PDT Partners
New York
$278K +$98K +9,124 +57%
AA
39
Ancora Advisors
Ohio
$277K
JG
40
Jefferies Group
New York
$263K +$69.8K +6,500 +38%
WS
41
Wedbush Securities
California
$239K
Verition Fund Management
42
Verition Fund Management
Connecticut
$222K -$80.6K -7,500 -27%
JP Morgan Chase
43
JP Morgan Chase
New York
$202K +$18.3K +1,701 +10%
Brown Advisory
44
Brown Advisory
Maryland
$199K -$300K -27,955 -61%
PG
45
PEAK6 Group
Illinois
$149K +$96.8K +9,011 +204%
SCM
46
Stevens Capital Management
Pennsylvania
$148K +$143K +13,326 New
Susquehanna International Group
47
Susquehanna International Group
Pennsylvania
$146K -$18.4K -1,714 -12%
TDC
48
Thompson Davis & Co
Virginia
$119K +$88.3K +8,225 +329%
Bank of America
49
Bank of America
North Carolina
$108K -$57.4K -5,340 -35%
US Bancorp
50
US Bancorp
Minnesota
$31K -$13.9K -1,290 -31%

GASS Hedge Fund Activity: Q2 2014 in Review

60 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q2 2014, worth a combined $273M — up 9.1% from $250M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of GASS and 6 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 24 added.

The largest buyer was Redwood Capital Management, opening a new position worth an estimated $23M. The largest seller was Gagnon Advisors, exiting entirely with an estimated $3.98M sold.

  • 60 institutional investors held StealthGas (GASS) as of Q2 2014, down from 64 in Q1 2014.
  • Funds reported $273M of StealthGas stock for Q2 2014, up 9.1% quarter-over-quarter.
  • 6 funds opened new StealthGas positions in Q2 2014 and 10 closed out, a net change of -4 holders.
  • The largest StealthGas buyer in Q2 2014 was Redwood Capital Management, an estimated $23M added.
  • The largest StealthGas seller in Q2 2014 was Gagnon Advisors, an estimated $3.98M sold.

Based on aggregated 13F filings for Q2 2014.