StealthGas
GASS
41 hedge funds and large institutions have $94.9M invested in StealthGas in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 16 reducing their positions, and 5 closing their positions.
7% more capital invested
Capital invested by funds: $88.8M → $94.9M (+$6.1M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 44 → 41 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
56% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.67M |
| 2 |
RR
Robotti Robert
|
+$530K |
| 3 |
Renaissance Technologies
New York
|
+$202K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$169K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$87.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$330K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$319K |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$175K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$88K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$40K |
GASS Hedge Fund Activity: Q2 2016 in Review
41 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q2 2016, worth a combined $94.9M — up 6.9% from $88.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GASS and 3 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 7 added.
The largest buyer was Fidelity Investments, adding an estimated $1.67M. The largest seller was Beach Point Capital Management, cutting an estimated $330K.
- 41 institutional investors held StealthGas (GASS) as of Q2 2016, down from 44 in Q1 2016.
- Funds reported $94.9M of StealthGas stock for Q2 2016, up 6.9% quarter-over-quarter.
- 3 funds opened new StealthGas positions in Q2 2016 and 5 closed out, a net change of -2 holders.
- The largest StealthGas buyer in Q2 2016 was Fidelity Investments, an estimated $1.67M added.
- The largest StealthGas seller in Q2 2016 was Beach Point Capital Management, an estimated $330K sold.
Based on aggregated 13F filings for Q2 2016.