StealthGas
GASS
41 hedge funds and large institutions have $99M invested in StealthGas in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
5% more funds holding
Funds holding: 39 → 41 (+2)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.22% less ownership
Funds ownership: 61.99% → 61.77% (-0.22%)
8% less capital invested
Capital invested by funds: $108M → $99M (-$8.81M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glendon Capital Management
Santa Monica,
California
|
+$4.81M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$4.02M |
| 3 |
TL
TowerView LLC
New York
|
+$243K |
| 4 |
B
Bailard
Foster City,
California
|
+$211K |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.36M |
| 2 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$3.96M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$544K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$461K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$336K |
GASS Hedge Fund Activity: Q1 2018 in Review
41 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q1 2018, worth a combined $99M — down 8.2% from $108M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GASS positions and 5 closed out — a net gain of 2 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Glendon Capital Management, adding an estimated $4.81M. The largest seller was Fidelity Investments, cutting an estimated $4.36M.
- 41 institutional investors held StealthGas (GASS) as of Q1 2018, up from 39 in Q4 2017.
- Funds reported $99M of StealthGas stock for Q1 2018, down 8.2% quarter-over-quarter.
- 7 funds opened new StealthGas positions in Q1 2018 and 5 closed out, a net change of +2 holders.
- The largest StealthGas buyer in Q1 2018 was Glendon Capital Management, an estimated $4.81M added.
- The largest StealthGas seller in Q1 2018 was Fidelity Investments, an estimated $4.36M sold.
Based on aggregated 13F filings for Q1 2018.