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 ≈ $31.36.
Trends to Q2 2025
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 |
| Q4 2023 | 19 |
| Q1 2024 | 22 |
| Q2 2024 | 24 |
| Q3 2024 | 21 |
| Q4 2024 | 22 |
| Q1 2025 | 24 |
| Q2 2025 | 24 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 7 | 8 |
| Q4 2023 | 5 | 8 |
| Q1 2024 | 9 | 6 |
| Q2 2024 | 7 | 7 |
| Q3 2024 | 7 | 7 |
| Q4 2024 | 7 | 7 |
| Q1 2025 | 10 | 2 |
| Q2 2025 | 6 | 8 |
Biggest buyers
| CANNELL CAPITAL LLC | Added | +3.8k |
| UBS Group AG | Added | +2.7k |
| AMERIPRISE FINANCIAL INC | Added | +2.6k |
| State of Wyoming | Added | +1.9k |
| Clearstead Advisors, LLC | New | +500 |
| FMR LLC | New | +1 |
Biggest sellers
| Cove Street Capital, LLC | Reduced | -17.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Reduced | -11.1k |
| MORGAN STANLEY | Reduced | -9.5k |
| CITADEL ADVISORS LLC | Sold out | -6.9k |
| Huber Capital Management LLC | Sold out | -6.4k |
| OSAIC HOLDINGS, INC. | Reduced | -275 |
| Boston Partners | Reduced | -215 |
| JPMORGAN CHASE & CO | Reduced | -119 |
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 Q2 2025
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 |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 1 | $323.8k | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 1 | $53.9k | 0 | — | — |
| Q2 2025 | 4 | $2.0m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-27 | Lederman bruce r Director | Bought | $16.5k503 shares |
| 2025-05-29 | Reddy Praveen Kotha Pres/CEO, Penn-America UW LLC | Bought | $48.8k1.6k shares |
| 2025-05-20 | FOX SAUL A Director · See Footnote | Bought | $317.2k10.0k shares |
| 2025-05-19 | FOX SAUL A Director · See Footnote | Bought | $317.9k10.0k shares |
| 2025-05-14 | FOX SAUL A Director · See Footnote | Bought | $678.9k22.4k shares |
| 2025-05-14 | BROWN JOSEPH W Chief Executive, director | Bought | $150.0k5.0k shares |
| 2025-05-13 | FOX SAUL A Director · See Footnote | Bought | $332.8k11.4k shares |
| 2025-05-12 | BROWN JOSEPH W Chief Executive, director | Bought | $142.2k5.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Richmond Hill Investments, LLC 38.64% of their portfolio | 2.4m $75.2m | Unchanged |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 987.6k $31.0m | Reduced -11.1k |
| BERKLEY W R CORP 1.79% of their portfolio | 919.7k $28.8m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 298.4k $9.4m | Added +2.6k |
| CANNELL CAPITAL LLC 2.77% of their portfolio | 282.3k $8.9m | Added +3.8k |
| RBF Capital, LLC 0.33% of their portfolio | 214.9k $6.7m | Unchanged |
| Boston Partners 0.00% of their portfolio | 130.6k $4.1m | Reduced -215 |
| HARBOR CAPITAL ADVISORS, INC. 0.04% of their portfolio | 28.7k $900.0k | Unchanged |
| Cove Street Capital, LLC 0.82% of their portfolio | 17.7k $556.5k | Reduced -17.7k |
| UBS Group AG 0.00% of their portfolio | 5.1k $160.9k | Added +2.7k |
| State of Wyoming 0.02% of their portfolio | 4.5k $141.9k | Added +1.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 4.2k $131.0k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 1.1k $34.3k | Reduced -9.5k |
| Clearstead Advisors, LLC 0.00% of their portfolio | 500 $15.7k | New |
| Costello Asset Management, INC 0.00% of their portfolio | 380 $11.9k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 198 $6.2k | Reduced -119 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 162 $5.1k | Reduced -275 |
| BlackRock, Inc. 0.00% of their portfolio | 114 $3.6k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 9 $282 | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 4 $125 | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 2 $53 | Unchanged |
| FMR LLC 0.00% of their portfolio | 1 $31 | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 1 $31 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |