StealthGas
GASS
40 hedge funds and large institutions have $78M invested in StealthGas in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
1.79% less ownership
Funds ownership: 62.55% → 60.76% (-1.8%)
5% less funds holding
Funds holding: 42 → 40 (-2)
22% less capital invested
Capital invested by funds: $99.5M → $78M (-$21.4M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$269K |
| 2 |
SCP
Scoria Capital Partners
Stamford,
Connecticut
|
+$197K |
| 3 |
TL
TowerView LLC
New York
|
+$167K |
| 4 |
RR
Robotti Robert
|
+$132K |
| 5 |
Renaissance Technologies
New York
|
+$92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.39M |
| 2 |
ACM
Archer Capital Management
New York
|
-$1.3M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$582K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$222K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$63K |
GASS Hedge Fund Activity: Q2 2017 in Review
40 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q2 2017, worth a combined $78M — down 22% from $99.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GASS and 2 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 14 added.
The largest buyer was Russell Investments Group, adding an estimated $269K. The largest seller was Parametric Portfolio Associates, cutting an estimated $1.39M.
- 40 institutional investors held StealthGas (GASS) as of Q2 2017, down from 42 in Q1 2017.
- Funds reported $78M of StealthGas stock for Q2 2017, down 22% quarter-over-quarter.
- 2 funds opened new StealthGas positions in Q2 2017 and 4 closed out, a net change of -2 holders.
- The largest StealthGas buyer in Q2 2017 was Russell Investments Group, an estimated $269K added.
- The largest StealthGas seller in Q2 2017 was Parametric Portfolio Associates, an estimated $1.39M sold.
Based on aggregated 13F filings for Q2 2017.