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 ≈ $29.05.
Trends to Q3 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 |
| Q3 2025 | 21 |
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 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 |
| Q3 2025 | 5 | 9 |
Biggest buyers
| Boston Partners | Added | +6.6k |
| AMERIPRISE FINANCIAL INC | Added | +1.2k |
| Cove Street Capital, LLC | Added | +1.0k |
| JPMORGAN CHASE & CO | Added | +436 |
| MORGAN STANLEY | Added | +211 |
Biggest sellers
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Reduced | -13.3k |
| HARBOR CAPITAL ADVISORS, INC. | Reduced | -4.8k |
| UBS Group AG | Reduced | -2.5k |
| State of Wyoming | Reduced | -568 |
| BARCLAYS PLC | Reduced | -7 |
| BANK OF AMERICA CORP /DE/ | Reduced | -5 |
| FMR LLC | Sold out | -1 |
| WELLS FARGO & COMPANY/MN | Reduced | -1 |
| NewEdge Advisors, LLC | Sold out | -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 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2025 | 6 | $665.4k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-08-20 | BROWN JOSEPH W Chief Executive, director | Bought | $60.0k2.0k shares |
| 2025-08-13 | Balderston William V Chief Marketing Officer | Bought | $3.0k105 shares |
| 2025-08-12 | BROWN JOSEPH W Chief Executive, director | Bought | $14.0k500 shares |
| 2025-08-12 | Reilly Nicole Francois Sr. Vice President--HR | Bought | $2.9k100 shares |
| 2025-08-11 | BROWN JOSEPH W Chief Executive, director | Bought | $147.5k5.0k shares |
| 2025-08-11 | Kasowitz Evan Jacob President, Belmont Holdings | Bought | $3.1k106 shares |
| 2025-08-08 | FOX SAUL A Director · See Footnote | Bought | $378.4k13.1k shares |
| 2025-08-08 | Reddy Praveen Kotha Pres/CEO, Penn-America UW LLC | Bought | $56.6k2.0k 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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| Richmond Hill Investments, LLC 36.30% of their portfolio | 2.4m $69.6m | Unchanged |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 974.2k $28.3m | Reduced -13.3k |
| BERKLEY W R CORP 1.72% of their portfolio | 919.7k $26.7m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 299.6k $8.7m | Added +1.2k |
| CANNELL CAPITAL LLC 2.15% of their portfolio | 282.3k $8.2m | Unchanged |
| RBF Capital, LLC 0.29% of their portfolio | 214.9k $6.2m | Unchanged |
| Boston Partners 0.00% of their portfolio | 137.2k $4.0m | Added +6.6k |
| HARBOR CAPITAL ADVISORS, INC. 0.05% of their portfolio | 23.9k $695.0k | Reduced -4.8k |
| Cove Street Capital, LLC 0.71% of their portfolio | 18.7k $544.6k | Added +1.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 4.2k $121.2k | Reduced -5 |
| State of Wyoming 0.01% of their portfolio | 4.0k $114.9k | Reduced -568 |
| UBS Group AG 0.00% of their portfolio | 2.7k $77.8k | Reduced -2.5k |
| MORGAN STANLEY 0.00% of their portfolio | 1.3k $37.9k | Added +211 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 634 $18.4k | Added +436 |
| Clearstead Advisors, LLC 0.00% of their portfolio | 500 $14.5k | Unchanged |
| Costello Asset Management, INC 0.00% of their portfolio | 380 $11.0k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 162 $4.7k | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 114 $3.3k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 4 $116 | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 2 $58 | Reduced -7 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1 $20 | Reduced -1 |