StealthGas
GASS
39 hedge funds and large institutions have $108M invested in StealthGas in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
35% more capital invested
Capital invested by funds: $80M → $108M (+$27.8M)
5% more funds holding
Funds holding: 37 → 39 (+2)
1.35% more ownership
Funds ownership: 60.64% → 61.99% (+1.4%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$4.02M |
| 2 |
RA
Royce & Associates
New York
|
+$719K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$373K |
| 4 |
Renaissance Technologies
New York
|
+$314K |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$1.71M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.19M |
| 3 |
JP Morgan Chase
New York
|
-$139K |
| 4 |
GS
Gagnon Securities
New York
|
-$81.4K |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$48.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIM
26
Spark Investment Management
New York
| $96K | -$38.4K | -10,239 | -32% |
|
|
WS
27
Wedbush Securities
Los Angeles,
California
| $85K | – | – | – |
|
28
Geode Capital Management
Boston,
Massachusetts
| $75K | – | – | – |
|
29
Barclays
London,
United Kingdom
| $55K | – | – | – |
|
30
Millennium Management
New York
| $52K | +$45.1K | +12,017 | New |
|
|
TSS
31
Two Sigma Securities
New York
| $48K | +$41K | +10,921 | New |
|
|
AF
32
Advisornet Financial
Minnetonka,
Minnesota
| $9K | +$7.5K | +2,000 | New |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| $2K | – | – | – |
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
35
Bank of America
Charlotte,
North Carolina
| $1K | – | – | – |
|
36
Wells Fargo
San Francisco,
California
| $1K | – | – | – |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| $1K | +$754 | +201 | New |
|
38
UBS Group
Zurich,
Switzerland
| – | -$2K | -689 | Closed |
|
39
Simplex Trading
Chicago,
Illinois
| – | -$626 | -167 | Closed |
|
|
DCM
40
Delpha Capital Management
New York
| – | +$375 | +100 | New |
|
GASS Hedge Fund Activity: Q4 2017 in Review
39 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q4 2017, worth a combined $108M — up 35% from $80M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GASS positions and 2 closed out — a net gain of 3 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $4.02M. The largest seller was Beach Point Capital Management, cutting an estimated $1.71M.
- 39 institutional investors held StealthGas (GASS) as of Q4 2017, up from 37 in Q3 2017.
- Funds reported $108M of StealthGas stock for Q4 2017, up 35% quarter-over-quarter.
- 5 funds opened new StealthGas positions in Q4 2017 and 2 closed out, a net change of +3 holders.
- The largest StealthGas buyer in Q4 2017 was Russell Investments Group, an estimated $4.02M added.
- The largest StealthGas seller in Q4 2017 was Beach Point Capital Management, an estimated $1.71M sold.
Based on aggregated 13F filings for Q4 2017.