Global Ship Lease
22 hedge funds and large institutions have $36.8M invested in Global Ship Lease in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 6 closing their positions.
0% more ownership
Funds ownership: 2.34% → 2.35% (+0%)
5% less capital invested
Capital invested by funds: $38.8M → $36.8M (-$1.98M)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
15% less funds holding
Funds holding: 26 → 22 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$693K |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$419K |
| 3 |
Morgan Stanley
New York
|
+$71.5K |
| 4 |
PP
PDT Partners
New York
|
+$57.2K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$34.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$296K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$231K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$107K |
| 4 |
Renaissance Technologies
New York
|
-$99.1K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$98.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$35K | -1,033 | Closed |
|
27
Citigroup
New York
| – | +$131 | +4 | +100% |
|
GSL Hedge Fund Activity: Q2 2014 in Review
22 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Global Ship Lease (GSL) for Q2 2014, worth a combined $36.8M — down 5.1% from $38.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GSL and 2 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $693K. The largest seller was Cannell Capital, cutting an estimated $296K.
- 22 institutional investors held Global Ship Lease (GSL) as of Q2 2014, down from 26 in Q1 2014.
- Funds reported $36.8M of Global Ship Lease stock for Q2 2014, down 5.1% quarter-over-quarter.
- 2 funds opened new Global Ship Lease positions in Q2 2014 and 6 closed out, a net change of -4 holders.
- The largest Global Ship Lease buyer in Q2 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $693K added.
- The largest Global Ship Lease seller in Q2 2014 was Cannell Capital, an estimated $296K sold.
Based on aggregated 13F filings for Q2 2014.