StealthGas
GASS
30 hedge funds and large institutions have $70.9M invested in StealthGas in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 29 → 30 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.31% less ownership
Funds ownership: 58.7% → 58.39% (-0.31%)
13% less capital invested
Capital invested by funds: $81M → $70.9M (-$10.2M)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$874K |
| 2 |
BlackRock
New York
|
+$531K |
| 3 |
Renaissance Technologies
New York
|
+$373K |
| 4 |
GCM
Glendon Capital Management
Santa Monica,
California
|
+$133K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$1.03M |
| 2 |
RA
Royce & Associates
New York
|
-$878K |
| 3 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$653K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$125K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$80.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
26
Realta Investment Advisors
Wilmington,
Delaware
| $9K | +$10.2K | +3,000 | New |
|
27
UBS Group
Zurich,
Switzerland
| $4K | -$7.39K | -2,167 | -65% |
|
28
Bank of America
Charlotte,
North Carolina
| $4K | -$866 | -254 | -15% |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $2K | +$1.7K | +500 | New |
|
|
FWSM
30
First Wilshire Securities Management
Pasadena,
California
| – | -$653K | -189,849 | Closed |
|
31
Millennium Management
New York
| – | -$46K | -13,459 | Closed |
|
32
Envestnet Asset Management
Chicago,
Illinois
| – | -$34K | -10,000 | Closed |
|
33
Mercer Global Advisors
Denver,
Colorado
| – | -$34K | -10,000 | Closed |
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -400 | Closed |
|
35
Simplex Trading
Chicago,
Illinois
| – | -$228 | -67 | -32% |
|
GASS Hedge Fund Activity: Q3 2019 in Review
30 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q3 2019, worth a combined $70.9M — down 13% from $81M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GASS positions and 5 closed out — a net gain of 1 holder — while 8 added to existing stakes and 11 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $874K. The largest seller was Boston Partners, cutting an estimated $1.03M.
- 30 institutional investors held StealthGas (GASS) as of Q3 2019, up from 29 in Q2 2019.
- Funds reported $70.9M of StealthGas stock for Q3 2019, down 13% quarter-over-quarter.
- 6 funds opened new StealthGas positions in Q3 2019 and 5 closed out, a net change of +1 holder.
- The largest StealthGas buyer in Q3 2019 was Russell Investments Group, an estimated $874K added.
- The largest StealthGas seller in Q3 2019 was Boston Partners, an estimated $1.03M sold.
Based on aggregated 13F filings for Q3 2019.