StealthGas
GASS
29 hedge funds and large institutions have $44.9M invested in StealthGas in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 12 closing their positions.
108% more call options, than puts
Call options by funds: $123K | Put options by funds: $59K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.87% less ownership
Funds ownership: 45.94% → 45.07% (-0.87%)
4% less capital invested
Capital invested by funds: $47M → $44.9M (-$2.09M)
26% less funds holding
Funds holding: 39 → 29 (-10)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
83% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TL
TowerView LLC
New York
|
+$502K |
| 2 |
Millennium Management
New York
|
+$411K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$249K |
| 4 |
Renaissance Technologies
New York
|
+$239K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$56.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Redwood Capital Management
New York
|
-$1.04M |
| 2 |
Morgan Stanley
New York
|
-$289K |
| 3 |
Two Sigma Investments
New York
|
-$241K |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$189K |
| 5 |
Goldman Sachs
New York
|
-$92.9K |
GASS Hedge Fund Activity: Q1 2023 in Review
29 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in StealthGas (GASS) for Q1 2023, worth a combined $44.9M — down 4.4% from $47M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of GASS and 2 opened new positions — a net loss of 10 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was TowerView LLC, adding an estimated $502K. The largest seller was Redwood Capital Management, cutting an estimated $1.04M.
- 29 institutional investors held StealthGas (GASS) as of Q1 2023, down from 39 in Q4 2022.
- Funds reported $44.9M of StealthGas stock for Q1 2023, down 4.4% quarter-over-quarter.
- 2 funds opened new StealthGas positions in Q1 2023 and 12 closed out, a net change of -10 holders.
- The largest StealthGas buyer in Q1 2023 was TowerView LLC, an estimated $502K added.
- The largest StealthGas seller in Q1 2023 was Redwood Capital Management, an estimated $1.04M sold.
Based on aggregated 13F filings for Q1 2023.