Voce Capital Management’s Argo Group International Holdings, Ltd. ARGO Stock Holding History

Voce Capital Management’s Portfolio ARGO Stock Details ARGO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q1	–	Sell	-3,317,697	Closed	-$85.8M	–	11
2022 Q4	$85.8M	Hold	3,317,697	–	–	49.31%	1
2022 Q3	$63.9M	Hold	3,317,697	–	–	41.51%	1
2022 Q2	$122M	Buy	3,317,697 +44,000	+1%	+$1.81M	61.17%	1
2022 Q1	$135M	Hold	3,273,697	–	–	53.38%	1
2021 Q4	$190M	Hold	3,273,697	–	–	67.73%	1
2021 Q3	$171M	Hold	3,273,697	–	–	61.88%	1
2021 Q2	$170M	Hold	3,273,697	–	–	60.88%	1
2021 Q1	$165M	Hold	3,273,697	–	–	73.98%	1
2020 Q4	$143M	Hold	3,273,697	–	–	73.65%	1
2020 Q3	$113M	Hold	3,273,697	–	–	71.65%	1
2020 Q2	$114M	Buy	3,273,697 +522,541	+19%	+$17.4M	79.15%	1
2020 Q1	$102M	Buy	2,751,156 +760,480	+38%	+$43.2M	77.84%	1
2019 Q4	$131M	Buy	1,990,676 +127,119	+7%	+$8.32M	76.75%	1
2019 Q3	$131M	Sell	1,863,557 -7,350	-0.4%	-$508K	70.13%	1
2019 Q2	$139M	Sell	1,870,907 -32,562	-2%	-$2.39M	72.3%	1
2019 Q1	$134M	Buy	1,903,469 +374,247	+24%	+$25.5M	81.75%	1
2018 Q4	$103M	Buy	+1,529,222	New	+$99.1M	71.15%	1

Other funds holding ARGO

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

FCM

FourWorld Capital Management New York $196M AUM 42.39% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Pzena Investment Management New York $30.8B AUM 11.29% 1-Year Est. Return

CCP

Corbin Capital Partners New York $61.3M AUM 53.03% 1-Year Est. Return

PCM

Pentwater Capital Management Naples, Florida $19.3B AUM 58.13% 1-Year Est. Return

VLKIM

Van Lanschot Kempen Investment Management Amsterdam, Netherlands $11.4B AUM 16.77% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

GCL

Glazer Capital LLC New York $4.71B AUM 81.93% 1-Year Est. Return

Voce Capital Management's ARGO Position: Q1 2023 in Review

Voce Capital Management sold out of Argo Group International Holdings, Ltd. (ARGO) in Q1 2023, closing a stake of 3,317,697 shares — an estimated $85.8M sold.

Voce Capital Management first reported a position in ARGO in Q4 2018 and held it in 17 quarters. The position peaked at $190M in Q4 2021. 149 funds tracked by Wall St. Rank hold ARGO as of Q1 2023.

Voce Capital Management reported no remaining Argo Group International Holdings, Ltd. position as of Q1 2023 after selling out during the quarter.
Voce Capital Management sold 3,317,697 Argo Group International Holdings, Ltd. shares in Q1 2023, an estimated $85.8M.
Voce Capital Management first reported a position in Argo Group International Holdings, Ltd. in Q4 2018 and held it in 17 quarters.
Voce Capital Management's Argo Group International Holdings, Ltd. position peaked at $190M in Q4 2021.
149 funds tracked by Wall St. Rank held Argo Group International Holdings, Ltd. as of Q1 2023.

Based on Voce Capital Management's 13F filing for Q1 2023, filed 15 May 2023.