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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.

New
Increased
Maintained
Reduced
Closed

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: 1821 (+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: 10 (-1)

Holders
21
Holders Change
+3
Holders Change %
+16.67%
% of All Funds
0.68%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
4
Increased
8
Reduced
5
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DRZID
1
DePrince Race & Zollo Inc (DRZ)
Florida
$31M +$2.2M +60,022 +9%
Renaissance Technologies
2
Renaissance Technologies
New York
$2.92M +$611K +16,713 +31%
CC
3
Cannell Capital
Wyoming
$1.76M +$63.2K +1,729 +4%
NGA
4
New Generation Advisors
Massachusetts
$1.46M -$579K -15,844 -31%
CCA
5
Catalyst Capital Advisors
New York
$806K -$3.97M -108,428 -85%
JG
6
Jefferies Group
New York
$571K
California Public Employees Retirement System
7
California Public Employees Retirement System
California
$497K
BIT
8
BlackRock Institutional Trust
California
$350K +$157K +4,283 +103%
Deutsche Bank
9
Deutsche Bank
Germany
$291K +$172K +4,706 +203%
Acadian Asset Management
10
Acadian Asset Management
Massachusetts
$264K +$172K +4,698 +284%
Wells Fargo
11
Wells Fargo
California
$191K +$22.3K +610 +15%
Invesco
12
Invesco
Georgia
$166K +$146K +3,996 New
Morgan Stanley
13
Morgan Stanley
New York
$161K +$53.6K +1,465 +61%
OAM
14
Oxford Asset Management
United Kingdom
$128K -$117K -3,186 -51%
GCP
15
GSA Capital Partners
United Kingdom
$106K +$93.9K +2,567 New
TC
16
TFS Capital
Pennsylvania
$87K -$46.9K -1,281 -38%
ICOA
17
Investment Centers of America
North Dakota
$63K
DAM
18
Delta Asset Management
Tennessee
$10K
Nomura Holdings
19
Nomura Holdings
Japan
$8K +$7.32K +200 New
TRCT
20
Tower Research Capital (TRC)
New York
$5K -$951 -26 -18%
U
21
UBS
Switzerland
$3K +$2.56K +70 New
Barclays
22
Barclays
United Kingdom
-$2K -48 Closed

GSL Hedge Fund Activity: Q3 2013 in Review

21 of the 3,084 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.