Global Indemnity Group
GBLI
52 hedge funds and large institutions have $174M invested in Global Indemnity Group in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 5 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
5% more capital invested
Capital invested by funds: $166M → $174M (+$8.2M)
2% less funds holding
Funds holding: 53 → 52 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Capital Returns Management
Rye,
New York
|
+$2.86M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$214K |
| 3 |
ProShare Advisors
Bethesda,
Maryland
|
+$214K |
| 4 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$97K |
| 5 |
JP Morgan Chase
New York
|
+$66.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$413K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$334K |
| 3 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
-$320K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$253K |
| 5 |
Two Sigma Advisers
New York
|
-$201K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $187 | -$5.05K | -200 | -3% |
|
|
52
California Public Employees Retirement System
Sacramento,
California
| – | -$334K | -12,736 | Closed |
|
|
53
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$320K | -12,634 | Closed |
|
54
AQR Capital Management
Greenwich,
Connecticut
| – | -$43K | -12,205 | Closed |
|
|
55
Two Sigma Advisers
New York
| – | -$201K | -7,876 | Closed |
|
56
BNP Paribas Financial Markets
Paris,
France
| – | -$2.73K | -108 | Closed |
|
57
Bank of America
Charlotte,
North Carolina
| – | +$227 | +9 | New |
|
GBLI Hedge Fund Activity: Q1 2014 in Review
52 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Global Indemnity Group (GBLI) for Q1 2014, worth a combined $174M — up 4.9% from $166M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GBLI and 4 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 16 added.
The largest buyer was Capital Returns Management, adding an estimated $2.86M. The largest seller was Northern Trust, cutting an estimated $413K.
- 52 institutional investors held Global Indemnity Group (GBLI) as of Q1 2014, down from 53 in Q4 2013.
- Funds reported $174M of Global Indemnity Group stock for Q1 2014, up 4.9% quarter-over-quarter.
- 4 funds opened new Global Indemnity Group positions in Q1 2014 and 5 closed out, a net change of -1 holder.
- The largest Global Indemnity Group buyer in Q1 2014 was Capital Returns Management, an estimated $2.86M added.
- The largest Global Indemnity Group seller in Q1 2014 was Northern Trust, an estimated $413K sold.
Based on aggregated 13F filings for Q1 2014.