StealthGas
GASS
59 hedge funds and large institutions have $238M invested in StealthGas in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 60 → 59 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
13% less capital invested
Capital invested by funds: $273M → $238M (-$35.1M)
53% less call options, than puts
Call options by funds: $300K | Put options by funds: $639K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$15.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.3M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$4.44M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$1.1M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$995K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$8.79M |
| 2 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
-$4.97M |
| 3 |
GS
Gagnon Securities
New York
|
-$3.1M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.18M |
| 5 |
Goldman Sachs
New York
|
-$851K |
GASS Hedge Fund Activity: Q3 2014 in Review
59 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q3 2014, worth a combined $238M — down 13% from $273M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GASS and 9 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 18 added.
The largest buyer was Beach Point Capital Management, opening a new position worth an estimated $15.2M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $8.79M sold.
- 59 institutional investors held StealthGas (GASS) as of Q3 2014, down from 60 in Q2 2014.
- Funds reported $238M of StealthGas stock for Q3 2014, down 13% quarter-over-quarter.
- 9 funds opened new StealthGas positions in Q3 2014 and 10 closed out, a net change of -1 holder.
- The largest StealthGas buyer in Q3 2014 was Beach Point Capital Management, an estimated $15.2M added.
- The largest StealthGas seller in Q3 2014 was Schroder Investment Management Group, an estimated $8.79M sold.
Based on aggregated 13F filings for Q3 2014.