Global Ship Lease
32 hedge funds and large institutions have $41.1M invested in Global Ship Lease in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
28% more funds holding
Funds holding: 25 → 32 (+7)
0.18% more ownership
Funds ownership: 2.15% → 2.33% (+0.18%)
13% less capital invested
Capital invested by funds: $47.4M → $41.1M (-$6.28M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.22M |
| 2 |
PCM
Potomac Capital Management
New York
|
+$782K |
| 3 |
Renaissance Technologies
New York
|
+$542K |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$411K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$263K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$176K |
| 3 |
BCA
Benchmark Capital Advisors
New York
|
-$117K |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$112K |
| 5 |
CCS
Crosspoint Capital Strategies
Orinda,
California
|
-$60K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Millennium Management
New York
| $47K | +$56.2K | +1,255 | New |
|
|
PCM
27
Prelude Capital Management
New York
| $26K | +$22.6K | +505 | +255% |
|
28
UBS Group
Zurich,
Switzerland
| $24K | +$29.1K | +651 | New |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $16K | +$18.8K | +419 | +13,967% |
|
|
MFS
30
MSI Financial Services
Springfield,
Massachusetts
| $12K | – | – | – |
|
31
Bank of America
Charlotte,
North Carolina
| $6K | +$7.75K | +173 | New |
|
|
32
Acadian Asset Management
Boston,
Massachusetts
| – | -$176K | -3,789 | Closed |
|
|
CAM
33
ClariVest Asset Management
San Diego,
California
| – | -$112K | -2,420 | Closed |
|
|
CCS
34
Crosspoint Capital Strategies
Orinda,
California
| – | -$60K | -1,287 | Closed |
|
35
Citigroup
New York
| – | -$16.4K | -367 | -98% |
|
|
DAM
36
Delta Asset Management
Memphis,
Tennessee
| – | -$12K | -250 | Closed |
|
GSL Hedge Fund Activity: Q3 2015 in Review
32 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Global Ship Lease (GSL) for Q3 2015, worth a combined $41.1M — down 13% from $47.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GSL positions and 4 closed out — a net gain of 7 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.22M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $263K.
- 32 institutional investors held Global Ship Lease (GSL) as of Q3 2015, up from 25 in Q2 2015.
- Funds reported $41.1M of Global Ship Lease stock for Q3 2015, down 13% quarter-over-quarter.
- 11 funds opened new Global Ship Lease positions in Q3 2015 and 4 closed out, a net change of +7 holders.
- The largest Global Ship Lease buyer in Q3 2015 was Morgan Stanley, an estimated $1.22M added.
- The largest Global Ship Lease seller in Q3 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $263K sold.
Based on aggregated 13F filings for Q3 2015.