StealthGas
GASS
69 hedge funds and large institutions have $160M invested in StealthGas in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 16 reducing their positions, and 16 closing their positions.
128% more call options, than puts
Call options by funds: $674K | Put options by funds: $296K
88% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 16
0% more funds holding
Funds holding: 69 → 69 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
13% less capital invested
Capital invested by funds: $183M → $160M (-$23M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$3.07M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.25M |
| 3 |
ICM
Ionic Capital Management
New York
|
+$1.99M |
| 4 |
DCM
Dialectic Capital Management
Norwalk,
Connecticut
|
+$1.5M |
| 5 |
Renaissance Technologies
New York
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$3.9M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$2.72M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$2.48M |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$2.22M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
76
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$407K | -37,000 | Closed |
|
|
HHC
77
Hutchin Hill Capital
New York
| – | -$383K | -34,800 | Closed |
|
|
CS
78
Credit Suisse
Zurich,
Switzerland
| – | -$282K | -25,614 | Closed |
|
|
PCM
79
Prelude Capital Management
New York
| – | -$233K | -21,151 | Closed |
|
|
OA
80
Oxbow Advisors
Austin,
Texas
| – | -$168K | -15,295 | Closed |
|
|
ARTA
81
A.R.T. Advisors
New York
| – | -$168K | -15,279 | Closed |
|
|
PFO
82
Pathstone Family Office
Englewood,
New Jersey
| – | -$22K | -2,000 | Closed |
|
|
FMT
83
First Mercantile Trust
Cordova,
Tennessee
| – | -$13K | -1,140 | Closed |
|
84
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$10.3K | -1,064 | -95% |
|
|
WA
85
WFG Advisors
Dallas,
Texas
| – | -$1K | -116 | Closed |
|
GASS Hedge Fund Activity: Q3 2013 in Review
69 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q3 2013, worth a combined $160M — down 13% from $183M a quarter earlier.
Fund positioning in GASS was balanced in Q3 2013: 16 funds opened new positions, 16 closed out, 30 added to existing stakes and 16 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $3.07M. The largest seller was McKinley Capital Management, exiting entirely with an estimated $3.9M sold.
- 69 institutional investors held StealthGas (GASS) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $160M of StealthGas stock for Q3 2013, down 13% quarter-over-quarter.
- 16 funds opened new StealthGas positions in Q3 2013 and 16 closed out, a net change of 0 holders.
- The largest StealthGas buyer in Q3 2013 was Neuberger Berman Group, an estimated $3.07M added.
- The largest StealthGas seller in Q3 2013 was McKinley Capital Management, an estimated $3.9M sold.
Based on aggregated 13F filings for Q3 2013.