StealthGas
GASS
64 hedge funds and large institutions have $250M invested in StealthGas in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 26 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
43% more capital invested
Capital invested by funds: $175M → $250M (+$75.2M)
4% less funds holding
Funds holding: 67 → 64 (-3)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
42% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 26
80% less call options, than puts
Call options by funds: $200K | Put options by funds: $998K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MSD Partners
New York
|
+$36.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.21M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$3.53M |
| 4 |
RA
Royce & Associates
New York
|
+$1.95M |
| 5 |
Goldman Sachs
New York
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$6.72M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$1.42M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$1.37M |
| 4 |
JIR
James Investment Research
Alpha,
Ohio
|
-$1.21M |
| 5 |
JP Morgan Chase
New York
|
-$1.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Creative Planning
Overland Park,
Kansas
| – | -$8K | -800 | Closed |
|
|
TAM
77
Tocqueville Asset Management
New York
| – | -$2K | -159 | Closed |
|
GASS Hedge Fund Activity: Q1 2014 in Review
64 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q1 2014, worth a combined $250M — up 43% from $175M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of GASS and 10 opened new positions — a net loss of 3 holders — while 26 trimmed existing stakes and 15 added.
The largest buyer was MSD Partners, opening a new position worth an estimated $36.5M. The largest seller was Acadian Asset Management, cutting an estimated $6.72M.
- 64 institutional investors held StealthGas (GASS) as of Q1 2014, down from 67 in Q4 2013.
- Funds reported $250M of StealthGas stock for Q1 2014, up 43% quarter-over-quarter.
- 10 funds opened new StealthGas positions in Q1 2014 and 13 closed out, a net change of -3 holders.
- The largest StealthGas buyer in Q1 2014 was MSD Partners, an estimated $36.5M added.
- The largest StealthGas seller in Q1 2014 was Acadian Asset Management, an estimated $6.72M sold.
Based on aggregated 13F filings for Q1 2014.