Global Indemnity Group
GBLI
46 hedge funds and large institutions have $277M invested in Global Indemnity Group in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 8 closing their positions.
20.43% more ownership
Funds ownership: 59.34% → 79.78% (+20%)
6% less funds holding
Funds holding: 49 → 46 (-3)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
18% less capital invested
Capital invested by funds: $336M → $277M (-$58.9M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
+$2.47M |
| 2 |
CSC
Cove Street Capital
El Segundo,
California
|
+$1.31M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.01M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$326K |
| 5 |
Renaissance Technologies
New York
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.4M |
| 2 |
CRM
Capital Returns Management
Rye,
New York
|
-$1.12M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1M |
| 4 |
SG Americas Securities
New York
|
-$404K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$212K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Envestnet Asset Management
Chicago,
Illinois
| – | -$4K | -104 | Closed |
|
52
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -61 | Closed |
|
53
SEI Investments
Oaks,
Pennsylvania
| – | -$2K | -44 | Closed |
|
GBLI Hedge Fund Activity: Q1 2018 in Review
46 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Global Indemnity Group (GBLI) for Q1 2018, worth a combined $277M — down 18% from $336M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GBLI and 5 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 16 added.
The largest buyer was Springhouse Capital Management, adding an estimated $2.47M. The largest seller was Vanguard Group, cutting an estimated $1.4M.
- 46 institutional investors held Global Indemnity Group (GBLI) as of Q1 2018, down from 49 in Q4 2017.
- Funds reported $277M of Global Indemnity Group stock for Q1 2018, down 18% quarter-over-quarter.
- 5 funds opened new Global Indemnity Group positions in Q1 2018 and 8 closed out, a net change of -3 holders.
- The largest Global Indemnity Group buyer in Q1 2018 was Springhouse Capital Management, an estimated $2.47M added.
- The largest Global Indemnity Group seller in Q1 2018 was Vanguard Group, an estimated $1.4M sold.
Based on aggregated 13F filings for Q1 2018.