StealthGas
GASS
67 hedge funds and large institutions have $190M 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.
19% more capital invested
Capital invested by funds: $160M → $190M (+$29.9M)
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 |
GASS Hedge Fund Activity: Q4 2013 in Review
67 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q4 2013, worth a combined $190M — up 19% 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 $190M of StealthGas stock for Q4 2013, up 19% 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.