Global Ship Lease
26 hedge funds and large institutions have $38.8M invested in Global Ship Lease in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 7 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
0.14% more ownership
Funds ownership: 2.2% → 2.34% (+0.14%)
0% more funds holding
Funds holding: 26 → 26 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
23% less capital invested
Capital invested by funds: $50.3M → $38.8M (-$11.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$938K |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$786K |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$733K |
| 4 |
Renaissance Technologies
New York
|
+$428K |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$353K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$497K |
| 2 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$240K |
| 3 |
HHC
Hutchin Hill Capital
New York
|
-$211K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$158K |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$123K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EVC
26
Eidelman Virant Capital
Saint Louis,
Missouri
| – | -$240K | -5,000 | Closed |
|
|
HHC
27
Hutchin Hill Capital
New York
| – | -$211K | -4,388 | Closed |
|
|
HCM
28
Highbridge Capital Management
New York
| – | -$123K | -2,557 | Closed |
|
|
TAM
29
Telluride Asset Management
Wayzata,
Minnesota
| – | -$72K | -1,501 | Closed |
|
30
Barclays
London,
United Kingdom
| – | -$5K | -113 | Closed |
|
|
U
31
UBS
Zurich,
Switzerland
| – | -$4K | -92 | Closed |
|
32
Citigroup
New York
| – | +$168 | +4 | New |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$335 | +8 | New |
|
GSL Hedge Fund Activity: Q1 2014 in Review
26 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Global Ship Lease (GSL) for Q1 2014, worth a combined $38.8M — down 23% from $50.3M a quarter earlier.
Fund positioning in GSL was balanced in Q1 2014: 7 funds opened new positions, 7 closed out, 8 added to existing stakes and 5 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $938K. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $497K sold.
- 26 institutional investors held Global Ship Lease (GSL) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $38.8M of Global Ship Lease stock for Q1 2014, down 23% quarter-over-quarter.
- 7 funds opened new Global Ship Lease positions in Q1 2014 and 7 closed out, a net change of 0 holders.
- The largest Global Ship Lease buyer in Q1 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $938K added.
- The largest Global Ship Lease seller in Q1 2014 was Virtu KCG Holdings, an estimated $497K sold.
Based on aggregated 13F filings for Q1 2014.