Global Indemnity Group
GBLI
48 hedge funds and large institutions have $203M invested in Global Indemnity Group in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 23 reducing their positions, and 8 closing their positions.
0.6% less ownership
Funds ownership: 78.86% → 78.26% (-0.6%)
9% less funds holding
Funds holding: 53 → 48 (-5)
15% less capital invested
Capital invested by funds: $237M → $203M (-$34.5M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
39% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 23
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RHI
Richmond Hill Investments
New York
|
+$30.1M |
| 2 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
+$2.29M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
+$1.38M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$620K |
| 5 |
MAM
Marquette Asset Management
Minneapolis,
Minnesota
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.04M |
| 2 |
JP Morgan Chase
New York
|
-$1.11M |
| 3 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
-$559K |
| 4 |
Morgan Stanley
New York
|
-$381K |
| 5 |
Goldman Sachs
New York
|
-$333K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Millennium Management
New York
| – | -$240K | -8,096 | Closed |
|
52
HSBC Holdings
London,
United Kingdom
| – | -$225K | -7,644 | Closed |
|
|
PPA
53
Parametric Portfolio Associates
Seattle,
Washington
| – | -$205K | -6,932 | Closed |
|
|
AA
54
Ancora Advisors
Cleveland,
Ohio
| – | -$190K | -6,400 | Closed |
|
|
PFBT
55
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$25K | -840 | Closed |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| – | -$3K | -105 | Closed |
|
GBLI Hedge Fund Activity: Q1 2020 in Review
48 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Global Indemnity Group (GBLI) for Q1 2020, worth a combined $203M — down 15% from $237M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GBLI and 4 opened new positions — a net loss of 4 holders — while 23 trimmed existing stakes and 14 added.
The largest buyer was Richmond Hill Investments, adding an estimated $30.1M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $2.04M.
- 48 institutional investors held Global Indemnity Group (GBLI) as of Q1 2020, down from 53 in Q4 2019.
- Funds reported $203M of Global Indemnity Group stock for Q1 2020, down 15% quarter-over-quarter.
- 4 funds opened new Global Indemnity Group positions in Q1 2020 and 8 closed out, a net change of -4 holders.
- The largest Global Indemnity Group buyer in Q1 2020 was Richmond Hill Investments, an estimated $30.1M added.
- The largest Global Indemnity Group seller in Q1 2020 was Hotchkis & Wiley Capital Management, an estimated $2.04M sold.
Based on aggregated 13F filings for Q1 2020.