StealthGas
GASS
29 hedge funds and large institutions have $80.5M invested in StealthGas in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 4 closing their positions.
14% more capital invested
Capital invested by funds: $70.9M → $80.5M (+$9.6M)
0.18% more ownership
Funds ownership: 58.39% → 58.58% (+0.18%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 30 → 29 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
+$680K |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$529K |
| 3 |
TL
TowerView LLC
New York
|
+$326K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$183K |
| 5 |
Renaissance Technologies
New York
|
+$95.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$472K |
| 2 |
RA
Royce & Associates
New York
|
-$414K |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$349K |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$68.8K |
| 5 |
RR
Robotti Robert
|
-$65K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $7K | +$2.89K | +851 | +73% |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $6K | -$61.2K | -18,011 | -91% |
|
28
Bank of America
Charlotte,
North Carolina
| $5K | – | – | – |
|
|
29
BlackRock
New York
| – | -$472K | -155,751 | Closed |
|
|
VF
30
Virtu Financial
New York
| – | -$33K | -10,871 | Closed |
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$31K | -10,112 | Closed |
|
32
Wells Fargo
San Francisco,
California
| – | -$18.5K | -5,450 | -100% |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| – | -$2K | -500 | Closed |
|
GASS Hedge Fund Activity: Q4 2019 in Review
29 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q4 2019, worth a combined $80.5M — up 14% from $70.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GASS and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 8 added.
The largest buyer was Ruffer LLP, opening a new position worth an estimated $680K. The largest seller was BlackRock, exiting entirely with an estimated $472K sold.
- 29 institutional investors held StealthGas (GASS) as of Q4 2019, down from 30 in Q3 2019.
- Funds reported $80.5M of StealthGas stock for Q4 2019, up 14% quarter-over-quarter.
- 3 funds opened new StealthGas positions in Q4 2019 and 4 closed out, a net change of -1 holder.
- The largest StealthGas buyer in Q4 2019 was Ruffer LLP, an estimated $680K added.
- The largest StealthGas seller in Q4 2019 was BlackRock, an estimated $472K sold.
Based on aggregated 13F filings for Q4 2019.