Global Indemnity Group
GBLI
40 hedge funds and large institutions have $139M invested in Global Indemnity Group in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
12.04% less ownership
Funds ownership: 77.85% → 65.81% (-12%)
15% less funds holding
Funds holding: 47 → 40 (-7)
27% less capital invested
Capital invested by funds: $190M → $139M (-$50.7M)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
+$3.51M |
| 2 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
+$1.83M |
| 3 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
+$1.12M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$759K |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$695K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$15M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.96M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.25M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$2.4M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$2.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
51
Marquette Asset Management
Minneapolis,
Minnesota
| – | -$122K | -5,078 | Closed |
|
|
AIG
52
American International Group
New York
| – | -$119K | -4,976 | Closed |
|
53
SG Americas Securities
New York
| – | -$106K | -4,410 | Closed |
|
54
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$88.5K | -3,748 | -100% |
|
|
AIP
55
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$19K | -810 | Closed |
|
56
BNP Paribas Financial Markets
Paris,
France
| – | -$7.71K | -322 | Closed |
|
57
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -29 | Closed |
|
GBLI Hedge Fund Activity: Q3 2020 in Review
40 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Global Indemnity Group (GBLI) for Q3 2020, worth a combined $139M — down 27% from $190M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of GBLI and 10 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 8 added.
The largest buyer was Cove Street Capital, opening a new position worth an estimated $3.51M. The largest seller was BlackRock, cutting an estimated $15M.
- 40 institutional investors held Global Indemnity Group (GBLI) as of Q3 2020, down from 47 in Q2 2020.
- Funds reported $139M of Global Indemnity Group stock for Q3 2020, down 27% quarter-over-quarter.
- 10 funds opened new Global Indemnity Group positions in Q3 2020 and 17 closed out, a net change of -7 holders.
- The largest Global Indemnity Group buyer in Q3 2020 was Cove Street Capital, an estimated $3.51M added.
- The largest Global Indemnity Group seller in Q3 2020 was BlackRock, an estimated $15M sold.
Based on aggregated 13F filings for Q3 2020.