StealthGas
GASS
46 hedge funds and large institutions have $114M invested in StealthGas in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 12 closing their positions.
12% less funds holding
Funds holding: 52 → 46 (-6)
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
37% less capital invested
Capital invested by funds: $181M → $114M (-$67.1M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $54K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glendon Capital Management
Santa Monica,
California
|
+$1.29M |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$565K |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$439K |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$269K |
| 5 |
TL
TowerView LLC
New York
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wildcat Capital Management
New York
|
-$6.36M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$3.61M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.08M |
| 4 |
JP Morgan Chase
New York
|
-$699K |
| 5 |
Neuberger Berman Group
New York
|
-$431K |
GASS Hedge Fund Activity: Q3 2015 in Review
46 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q3 2015, worth a combined $114M — down 37% from $181M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of GASS and 6 opened new positions — a net loss of 6 holders — while 17 trimmed existing stakes and 11 added.
The largest buyer was Glendon Capital Management, adding an estimated $1.29M. The largest seller was Wildcat Capital Management, exiting entirely with an estimated $6.36M sold.
- 46 institutional investors held StealthGas (GASS) as of Q3 2015, down from 52 in Q2 2015.
- Funds reported $114M of StealthGas stock for Q3 2015, down 37% quarter-over-quarter.
- 6 funds opened new StealthGas positions in Q3 2015 and 12 closed out, a net change of -6 holders.
- The largest StealthGas buyer in Q3 2015 was Glendon Capital Management, an estimated $1.29M added.
- The largest StealthGas seller in Q3 2015 was Wildcat Capital Management, an estimated $6.36M sold.
Based on aggregated 13F filings for Q3 2015.