GLOBAL INDEMNITY GROUP LLC GBLI
COM CL A · Common Stock · CUSIP 37959R103
- SectorFinancials
- IndustryFire, Marine & Casualty Insurance
- HeadquartersBala Cynwyd, PA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $34.39.
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 27 |
| Q4 2022 | 26 |
| Q1 2023 | 23 |
| Q2 2023 | 24 |
| Q3 2023 | 22 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 8 | 13 |
| Q1 2023 | 7 | 9 |
| Q2 2023 | 7 | 8 |
| Q3 2023 | 7 | 8 |
Biggest buyers
| RBF Capital, LLC | Added | +15.0k |
| Ellsworth Advisors, LLC | New | +11.8k |
| AMERIPRISE FINANCIAL INC | Added | +11.1k |
| MORGAN STANLEY | Added | +4.2k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +2.4k |
| NewEdge Advisors, LLC | Added | +134 |
| JPMORGAN CHASE & CO | Added | +2 |
Biggest sellers
| Springhouse Capital Management, LP | Reduced | -38.3k |
| UBS Group AG | Sold out | -1.9k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.6k |
| State of Wyoming | Reduced | -726 |
| Cove Street Capital, LLC | Reduced | -96 |
| ACADIAN ASSET MANAGEMENT LLC | Sold out | -50 |
| Tower Research Capital LLC (TRC) | Sold out | -2 |
| OSAIC HOLDINGS, INC. | Reduced | -1 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Essex Equity Joint Investment Vehicle, LLC 13G · exempt (held before listing) new · filed 2026-02-17 | 13.3% |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 13G · institution -1.5 pts · filed 2026-08-12 | 7.7% |
Fell to 5% or below in the last year: Richmond Hill Investments, LLC (0.0%, 2026-02-17)
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 2 | $644.9k | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 2 | $506.5k | 0 | — | — |
| Q3 2022 | 3 | $473.4k | 0 | — | — |
| Q4 2022 | 2 | $3.6m | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
None reported in Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| Richmond Hill Investments, LLC 42.95% of their portfolio | 2.4m $82.3m | Unchanged |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 1.0m $35.0m | Added +2.4k |
| BERKLEY W R CORP 2.05% of their portfolio | 919.7k $31.6m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 288.2k $9.9m | Added +11.1k |
| RBF Capital, LLC 0.47% of their portfolio | 208.5k $7.2m | Added +15.0k |
| Cove Street Capital, LLC 1.27% of their portfolio | 102.5k $3.7m | Reduced -96 |
| Springhouse Capital Management, LP 6.38% of their portfolio | 101.6k $3.5m | Reduced -38.3k |
| Cullen/Frost Bankers, Inc. 0.01% of their portfolio | 15.0k $515.2k | Unchanged |
| Ellsworth Advisors, LLC 0.14% of their portfolio | 11.8k $393.1k | New |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 9.6k $330.0k | Reduced -1.6k |
| MORGAN STANLEY 0.00% of their portfolio | 6.4k $220.9k | Added +4.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 3.0k $102.7k | Unchanged |
| State of Wyoming 0.00% of their portfolio | 674 $23.2k | Reduced -726 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 537 $18.4k | Added +2 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 382 $13.0k | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 228 $7.8k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 200 $6.9k | Reduced -1 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 171 $5.9k | Added +134 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 4 $137 | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1 $26 | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 1 $34 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |