StealthGas
GASS
58 hedge funds and large institutions have $170M invested in StealthGas in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 10 reducing their positions, and 14 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 10
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
18% more call options, than puts
Call options by funds: $259K | Put options by funds: $220K
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
2% less funds holding
Funds holding: 59 → 58 (-1)
29% less capital invested
Capital invested by funds: $238M → $170M (-$68.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.25M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$4.92M |
| 3 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$2M |
| 4 |
RCM
Redwood Capital Management
New York
|
+$2M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
-$13.7M |
| 2 |
ZCG
Zesiger Capital Group
New York
|
-$8.69M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$5.51M |
| 4 |
Neuberger Berman Group
New York
|
-$4.1M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$3.67M |
GASS Hedge Fund Activity: Q4 2014 in Review
58 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q4 2014, worth a combined $170M — down 29% from $238M a quarter earlier.
Fund positioning in GASS was balanced in Q4 2014: 14 funds opened new positions, 14 closed out, 28 added to existing stakes and 10 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $6.25M. The largest seller was York Capital Management Global Advisors, exiting entirely with an estimated $13.7M sold.
- 58 institutional investors held StealthGas (GASS) as of Q4 2014, down from 59 in Q3 2014.
- Funds reported $170M of StealthGas stock for Q4 2014, down 29% quarter-over-quarter.
- 14 funds opened new StealthGas positions in Q4 2014 and 14 closed out, a net change of 0 holders.
- The largest StealthGas buyer in Q4 2014 was Fidelity Investments, an estimated $6.25M added.
- The largest StealthGas seller in Q4 2014 was York Capital Management Global Advisors, an estimated $13.7M sold.
Based on aggregated 13F filings for Q4 2014.