StealthGas
GASS
37 hedge funds and large institutions have $93.9M invested in StealthGas in 2018 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 4 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
2.12% less ownership
Funds ownership: 61.77% → 59.65% (-2.1%)
5% less capital invested
Capital invested by funds: $99M → $93.9M (-$5.06M)
10% less funds holding
Funds holding: 41 → 37 (-4)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glendon Capital Management
Santa Monica,
California
|
+$634K |
| 2 |
Renaissance Technologies
New York
|
+$598K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$325K |
| 4 |
TL
TowerView LLC
New York
|
+$253K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$2.75M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$923K |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$866K |
| 4 |
RA
Royce & Associates
New York
|
-$610K |
| 5 |
B
Bailard
Foster City,
California
|
-$197K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WS
26
Wedbush Securities
Los Angeles,
California
| $72K | – | – | – |
|
27
Geode Capital Management
Boston,
Massachusetts
| $67K | – | – | – |
|
28
Invesco
Atlanta,
Georgia
| $53K | +$2.73K | +679 | +5% |
|
29
Barclays
London,
United Kingdom
| $50K | – | – | – |
|
|
PPA
30
Parametric Portfolio Associates
Seattle,
Washington
| $49K | -$923K | -229,820 | -95% |
|
31
JP Morgan Chase
New York
| $42K | -$19.2K | -4,775 | -31% |
|
|
DBT
32
Dubuque Bank & Trust
Dubuque,
Iowa
| $16K | – | – | – |
|
33
UBS Group
Zurich,
Switzerland
| $15K | +$9.1K | +2,266 | +142% |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| $2K | -$15.7K | -3,914 | -87% |
|
|
IA
35
IFP Advisors
Tampa,
Florida
| $2K | – | – | – |
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
|
B
37
Bailard
Foster City,
California
| – | -$197K | -49,100 | Closed |
|
38
Millennium Management
New York
| – | -$79K | -19,631 | Closed |
|
|
AF
39
Advisornet Financial
Minnetonka,
Minnesota
| – | -$8K | -2,000 | Closed |
|
|
CCA
40
Clearwater Capital Advisors
Hoffman Estates,
Illinois
| – | -$6K | -1,500 | Closed |
|
GASS Hedge Fund Activity: Q2 2018 in Review
37 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q2 2018, worth a combined $93.9M — down 5.1% from $99M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GASS and 0 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 12 added.
The largest buyer was Glendon Capital Management, adding an estimated $634K. The largest seller was Russell Investments Group, cutting an estimated $2.75M.
- 37 institutional investors held StealthGas (GASS) as of Q2 2018, down from 41 in Q1 2018.
- Funds reported $93.9M of StealthGas stock for Q2 2018, down 5.1% quarter-over-quarter.
- 0 funds opened new StealthGas positions in Q2 2018 and 4 closed out, a net change of -4 holders.
- The largest StealthGas buyer in Q2 2018 was Glendon Capital Management, an estimated $634K added.
- The largest StealthGas seller in Q2 2018 was Russell Investments Group, an estimated $2.75M sold.
Based on aggregated 13F filings for Q2 2018.