Global Ship Lease
21 hedge funds and large institutions have $40.9M invested in Global Ship Lease in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
27% more capital invested
Capital invested by funds: $32.3M → $40.9M (+$8.58M)
17% more funds holding
Funds holding: 18 → 21 (+3)
0.06% less ownership
Funds ownership: 2.14% → 2.08% (-0.06%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$2.2M |
| 2 |
Renaissance Technologies
New York
|
+$611K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$172K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$172K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$157K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
-$3.97M |
| 2 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$579K |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$117K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$46.9K |
| 5 |
Barclays
London,
United Kingdom
|
-$2K |
GSL Hedge Fund Activity: Q3 2013 in Review
21 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Global Ship Lease (GSL) for Q3 2013, worth a combined $40.9M — up 27% from $32.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GSL positions and 1 closed out — a net gain of 3 holders — while 8 added to existing stakes and 5 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $2.2M. The largest seller was Catalyst Capital Advisors, cutting an estimated $3.97M.
- 21 institutional investors held Global Ship Lease (GSL) as of Q3 2013, up from 18 in Q2 2013.
- Funds reported $40.9M of Global Ship Lease stock for Q3 2013, up 27% quarter-over-quarter.
- 4 funds opened new Global Ship Lease positions in Q3 2013 and 1 closed out, a net change of +3 holders.
- The largest Global Ship Lease buyer in Q3 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $2.2M added.
- The largest Global Ship Lease seller in Q3 2013 was Catalyst Capital Advisors, an estimated $3.97M sold.
Based on aggregated 13F filings for Q3 2013.