We are live on
!
Find out more
CRM
Capital Returns Management Portfolio holdings
AUM
$38.7M
1-Year Est. Return
15.35%
This Fund
S&P 500
This Quarter
Est. Return
-2.35%
1 Year Est. Return
-15.35%
3 Year Est. Return
-4.39%
5 Year Est. Return
+28.01%
10 Year Est. Return
–
AUM
$328M
AUM Growth
+$5.54M
(+1.7%)
Cap. Flow
+$14.9M
Cap. Flow
% of AUM
4.56%
Top 10 Holdings %
Top 10 Hldgs %
70.95%
Holding
29
New
10
Increased
5
Reduced
6
Closed
8
Top Buys
| 1 |
Prudential Financial
PRU
|
+$25.6M |
| 2 |
AXIS Capital
AXS
|
+$23.5M |
| 3 |
Lincoln National
LNC
|
+$22.1M |
| 4 |
Hartford Financial Services
HIG
|
+$21.3M |
| 5 |
MetLife
MET
|
+$17.9M |
Top Sells
| 1 |
Travelers Companies
TRV
|
+$28.7M |
| 2 |
Universal Insurance Holdings
UVE
|
+$21.5M |
| 3 |
Everest Group
EG
|
+$20.1M |
| 4 |
Chubb
CB
|
+$18.1M |
| 5 |
VR
Validus Hold Ltd
VR
|
+$18M |
Sector Composition
| 1 | Financials | 91.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Assured Guaranty
AGO
$3.73B
| $34.8M | 10.61% |
960,000
+160,000
| +20% | +$5.64M |
|
2
Old Republic International
ORI
$10.1B
| $27.6M | 8.42% |
1,285,693
+93,200
| +8% | +$1.93M |
|
|
3
AXIS Capital
AXS
$8.38B
| $26.2M | 8% |
+455,000
| New | +$23.5M |
|
|
ATH
4
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $26M | 7.93% |
543,281
+10,086
| +2% | +$502K |
|
|
5
Prudential Financial
PRU
$41.1B
| $23.5M | 7.18% |
+227,200
| New | +$25.6M |
|
|
6
Lincoln National
LNC
$8.01B
| $20.5M | 6.27% |
+281,100
| New | +$22.1M |
|
7
Voya Financial
VOYA
$9.12B
| $20.1M | 6.15% |
398,700
-101,471
| -20% | -$5.24M |
|
|
8
Hartford Financial Services
HIG
$37.5B
| $20.1M | 6.12% |
+389,318
| New | +$21.3M |
|
|
9
MetLife
MET
$60.3B
| $16.9M | 5.17% |
+368,800
| New | +$17.9M |
|
|
FNHC
10
DELISTED
FedNat Holding Company Common Stock
FNHC
| $16.7M | 5.11% |
1,061,671
+52,299
| +5% | +$828K |
|
11
Global Indemnity Group
GBLI
$398M
| $13.9M | 4.25% |
403,646
-28,695
| -7% | -$1.12M |
|
|
AHL
12
DELISTED
ASPEN Insurance Holding Limited
AHL
| $13.2M | 4.04% |
+295,166
| New | +$11.6M |
|
13
Arthur J. Gallagher & Co
AJG
$65.8B
| $12.3M | 3.76% |
179,400
-60,000
| -25% | -$4.05M |
|
14
Allstate
ALL
$62.3B
| $12.2M | 3.71% |
+128,333
| New | +$12.4M |
|
15
Brown & Brown
BRO
$23.5B
| $11.5M | 3.52% |
452,916
-152,200
| -25% | -$3.98M |
|
16
Mercury Insurance
MCY
$5.95B
| $11.5M | 3.51% |
+250,864
| New | +$12M |
|
17
CALL
Brighthouse Financial
BHF
$3.76B
| $10.3M | 3.14% |
+200,000
| New | +$11.6M |
|
|
AFH
18
DELISTED
Atlas Financial Holdings, Inc. Ordinary Shares
AFH
| $3.97M | 1.21% |
383,852
+87,871
| +30% | +$1.49M |
|
|
EMCI
19
DELISTED
EMC INS Group Inc
EMCI
| $3.18M | 0.97% |
117,462
-112,000
| -49% | -$3.08M |
|
20
MBIA
MBI
$328M
| $1.67M | 0.51% |
+180,405
| New | +$1.45M |
|
21
Genworth Financial
GNW
$3.84B
| $1.35M | 0.41% |
476,525
-845,400
| -64% | -$2.54M |
|
|
22
Chubb
CB
$133B
| – | – |
-123,700
| Closed | -$18.1M |
|
|
23
Everest Group
EG
$14.8B
| – | – |
-90,996
| Closed | -$20.1M |
|
|
KG
24
Kestrel Group
KG
$77M
| – | – |
-16,689
| Closed | -$2.2M |
|
25
Progressive
PGR
$120B
| – | – |
-150,000
| Closed | -$8.45M |
|
Similar funds
RA
M
SBA
AI
NVPX
NGA
MCG
OAM
Capital Returns Management's Q1 2018 Portfolio in Review
As of Q1 2018, Capital Returns Management held 29 positions worth $328M, up 1.7% from $322M the previous quarter. Its ten largest holdings account for 71% of the portfolio.
Capital Returns Management deployed $14.9M of net new capital in Q1 2018, opening 10 new positions and adding to 5 existing holdings. Its largest new stake was Prudential Financial: 227,200 shares worth $23.5M.
By sector, the portfolio is most concentrated in Financials at 92% of assets, up from 89% a quarter earlier.
On the sell side, the largest reduction was Voya Financial, an estimated $5.24M trimmed.
- Capital Returns Management's largest Q1 2018 buy was Prudential Financial: 227,200 shares worth $23.5M.
- Capital Returns Management added most to Assured Guaranty in Q1 2018, an estimated $5.64M increase.
- Capital Returns Management's biggest Q1 2018 reduction was Voya Financial, cutting an estimated $5.24M.
- Capital Returns Management fully exited Travelers Companies in Q1 2018, selling an estimated $28.7M.
- Capital Returns Management's ten largest holdings make up 71% of its $328M portfolio in Q1 2018.
- Capital Returns Management opened 10 new positions and closed 8 in Q1 2018.
- Capital Returns Management's portfolio value rose 1.7% quarter-over-quarter to $328M.
Based on Capital Returns Management's 13F filing for Q1 2018, filed 15 May 2018.