StealthGas
GASS
24 hedge funds and large institutions have $61.7M invested in StealthGas in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 7 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
35% more capital invested
Capital invested by funds: $45.8M → $61.7M (+$15.9M)
0.74% less ownership
Funds ownership: 57.61% → 56.87% (-0.74%)
11% less funds holding
Funds holding: 27 → 24 (-3)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$397K |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$183K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$144K |
| 4 |
BlackRock
New York
|
+$33.8K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$26.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RR
Robotti Robert
|
-$1.15M |
| 2 |
MP
MSD Partners
New York
|
-$469K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$324K |
| 4 |
State Street
Boston,
Massachusetts
|
-$149K |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$123K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
State Street
Boston,
Massachusetts
| – | -$149K | -74,435 | Closed |
|
27
Morgan Stanley
New York
| – | -$59K | -30,000 | Closed |
|
28
Barclays
London,
United Kingdom
| – | -$25K | -12,500 | Closed |
|
|
SSA
29
Schonfeld Strategic Advisors
New York
| – | -$21K | -10,500 | Closed |
|
|
AF
30
Advisornet Financial
Minnetonka,
Minnesota
| – | -$20K | -10,000 | Closed |
|
GASS Hedge Fund Activity: Q2 2020 in Review
24 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q2 2020, worth a combined $61.7M — up 35% from $45.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GASS and 4 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was Russell Investments Group, adding an estimated $397K. The largest seller was Robotti Robert, exiting entirely with an estimated $1.15M sold.
- 24 institutional investors held StealthGas (GASS) as of Q2 2020, down from 27 in Q1 2020.
- Funds reported $61.7M of StealthGas stock for Q2 2020, up 35% quarter-over-quarter.
- 4 funds opened new StealthGas positions in Q2 2020 and 7 closed out, a net change of -3 holders.
- The largest StealthGas buyer in Q2 2020 was Russell Investments Group, an estimated $397K added.
- The largest StealthGas seller in Q2 2020 was Robotti Robert, an estimated $1.15M sold.
Based on aggregated 13F filings for Q2 2020.