StealthGas
GASS
67 hedge funds and large institutions have $175M invested in StealthGas in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 17 closing their positions.
9% more capital invested
Capital invested by funds: $160M → $175M (+$14.7M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 69 → 67 (-2)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
36% less call options, than puts
Call options by funds: $448K | Put options by funds: $703K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$19M |
| 2 |
GS
Gagnon Securities
New York
|
+$6.95M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.28M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.31M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
-$7.38M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.62M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$4.71M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$2.69M |
| 5 |
DCM
Dialectic Capital Management
Norwalk,
Connecticut
|
-$1.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HFA
76
Harvest Fund Advisors
Wayne,
Pennsylvania
| – | -$652K | -71,285 | Closed |
|
|
GH
77
GAM Holding
Zurich,
Switzerland
| – | -$547K | -60,000 | Closed |
|
|
CAM
78
ClariVest Asset Management
San Diego,
California
| – | -$526K | -57,546 | Closed |
|
|
HCMT
79
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$507K | -55,500 | Closed |
|
|
DS
80
DRW Securities
Chicago,
Illinois
| – | -$375K | -31,272 | Closed |
|
81
Westfield Capital Management
Boston,
Massachusetts
| – | -$198K | -21,700 | Closed |
|
|
ST
82
Spot Trading
Chicago,
Illinois
| – | -$59K | -6,488 | Closed |
|
83
Envestnet Asset Management
Chicago,
Illinois
| – | -$3K | -327 | Closed |
|
GASS Hedge Fund Activity: Q4 2013 in Review
67 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q4 2013, worth a combined $175M — up 9.1% from $160M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of GASS and 15 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 19 added.
The largest buyer was Massachusetts Financial Services, opening a new position worth an estimated $19M. The largest seller was Ionic Capital Management, exiting entirely with an estimated $7.38M sold.
- 67 institutional investors held StealthGas (GASS) as of Q4 2013, down from 69 in Q3 2013.
- Funds reported $175M of StealthGas stock for Q4 2013, up 9.1% quarter-over-quarter.
- 15 funds opened new StealthGas positions in Q4 2013 and 17 closed out, a net change of -2 holders.
- The largest StealthGas buyer in Q4 2013 was Massachusetts Financial Services, an estimated $19M added.
- The largest StealthGas seller in Q4 2013 was Ionic Capital Management, an estimated $7.38M sold.
Based on aggregated 13F filings for Q4 2013.