Global Ship Lease
GSL
27 hedge funds and large institutions have $53.5M invested in Global Ship Lease in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 8 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
7% more capital invested
Capital invested by funds: $50.1M → $53.5M (+$3.4M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
16% less funds holding
Funds holding: 32 → 27 (-5)
31.37% less ownership
Funds ownership: 65.85% → 34.49% (-31%)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$1.19M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$769K |
| 3 |
MA
MYDA Advisors
Woodmere,
New York
|
+$444K |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$375K |
| 5 |
JC
JBF Capital
Aspen,
Colorado
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Gratia Capital
Los Angeles,
California
|
-$2.73M |
| 2 |
LCG
Luxor Capital Group
New York
|
-$1.34M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$1.34M |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$394K |
| 5 |
FM
Fondren Management
Houston,
Texas
|
-$392K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IFAM
26
Institutional & Family Asset Management
Fort Collins,
Colorado
| $1K | – | – | – |
|
|
KFS
27
Kelly Financial Services
Braintree,
Massachusetts
| $203 | – | – | – |
|
|
GC
28
Gratia Capital
Los Angeles,
California
| – | -$2.73M | -357,500 | Closed |
|
|
LCG
29
Luxor Capital Group
New York
| – | -$1.34M | -175,000 | Closed |
|
|
PWAM
30
Park West Asset Management
San Francisco,
California
| – | -$1.34M | -175,000 | Closed |
|
|
BFM
31
Boothbay Fund Management
New York
| – | -$394K | -51,493 | Closed |
|
32
BlackRock
New York
| – | -$122K | -15,958 | Closed |
|
|
VF
33
Virtu Financial
New York
| – | -$117K | -15,267 | Closed |
|
34
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$5K | -625 | Closed |
|
|
SFS
35
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$1K | -125 | Closed |
|
GSL Hedge Fund Activity: Q4 2019 in Review
27 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Global Ship Lease (GSL) for Q4 2019, worth a combined $53.5M — up 6.8% from $50.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GSL and 3 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Renaissance Technologies, adding an estimated $1.19M. The largest seller was Gratia Capital, exiting entirely with an estimated $2.73M sold.
- 27 institutional investors held Global Ship Lease (GSL) as of Q4 2019, down from 32 in Q3 2019.
- Funds reported $53.5M of Global Ship Lease stock for Q4 2019, up 6.8% quarter-over-quarter.
- 3 funds opened new Global Ship Lease positions in Q4 2019 and 8 closed out, a net change of -5 holders.
- The largest Global Ship Lease buyer in Q4 2019 was Renaissance Technologies, an estimated $1.19M added.
- The largest Global Ship Lease seller in Q4 2019 was Gratia Capital, an estimated $2.73M sold.
Based on aggregated 13F filings for Q4 2019.