StealthGas
GASS
60 hedge funds and large institutions have $273M invested in StealthGas in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 10 closing their positions.
9% more capital invested
Capital invested by funds: $250M → $273M (+$22.7M)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
6% less funds holding
Funds holding: 64 → 60 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
84% less call options, than puts
Call options by funds: $122K | Put options by funds: $749K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Redwood Capital Management
New York
|
+$23M |
| 2 |
MP
MSD Partners
New York
|
+$4.57M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.35M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$2.34M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Gagnon Advisors
New York
|
-$3.98M |
| 2 |
GS
Gagnon Securities
New York
|
-$1.67M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$1.28M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$1.12M |
| 5 |
PIA
Phoenix Investment Adviser
New York
|
-$742K |
GASS Hedge Fund Activity: Q2 2014 in Review
60 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q2 2014, worth a combined $273M — up 9.1% from $250M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GASS and 6 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 24 added.
The largest buyer was Redwood Capital Management, opening a new position worth an estimated $23M. The largest seller was Gagnon Advisors, exiting entirely with an estimated $3.98M sold.
- 60 institutional investors held StealthGas (GASS) as of Q2 2014, down from 64 in Q1 2014.
- Funds reported $273M of StealthGas stock for Q2 2014, up 9.1% quarter-over-quarter.
- 6 funds opened new StealthGas positions in Q2 2014 and 10 closed out, a net change of -4 holders.
- The largest StealthGas buyer in Q2 2014 was Redwood Capital Management, an estimated $23M added.
- The largest StealthGas seller in Q2 2014 was Gagnon Advisors, an estimated $3.98M sold.
Based on aggregated 13F filings for Q2 2014.