StealthGas
GASS
35 hedge funds and large institutions have $66.4M invested in StealthGas in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 7 closing their positions.
0.05% more ownership
Funds ownership: 60.33% → 60.39% (+0.05%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 38 → 35 (-3)
22% less capital invested
Capital invested by funds: $85.6M → $66.4M (-$19.2M)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glendon Capital Management
Santa Monica,
California
|
+$3.86M |
| 2 |
BlackRock
New York
|
+$719K |
| 3 |
TL
TowerView LLC
New York
|
+$419K |
| 4 |
Millennium Management
New York
|
+$50.3K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$41.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.39M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$1.09M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$602K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$560K |
| 5 |
GS
Gagnon Securities
New York
|
-$487K |
GASS Hedge Fund Activity: Q4 2018 in Review
35 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q4 2018, worth a combined $66.4M — down 22% from $85.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GASS and 4 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 9 added.
The largest buyer was Glendon Capital Management, adding an estimated $3.86M. The largest seller was Royce & Associates, cutting an estimated $1.39M.
- 35 institutional investors held StealthGas (GASS) as of Q4 2018, down from 38 in Q3 2018.
- Funds reported $66.4M of StealthGas stock for Q4 2018, down 22% quarter-over-quarter.
- 4 funds opened new StealthGas positions in Q4 2018 and 7 closed out, a net change of -3 holders.
- The largest StealthGas buyer in Q4 2018 was Glendon Capital Management, an estimated $3.86M added.
- The largest StealthGas seller in Q4 2018 was Royce & Associates, an estimated $1.39M sold.
Based on aggregated 13F filings for Q4 2018.