American Coastal Insurance
ACIC
116 hedge funds and large institutions have $239M invested in American Coastal Insurance in 2019 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 42 increasing their positions, 29 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
45% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 29
4% more funds holding
Funds holding: 112 → 116 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.19% less ownership
Funds ownership: 39.73% → 38.54% (-1.2%)
12% less capital invested
Capital invested by funds: $270M → $239M (-$31.5M)
99% less call options, than puts
Call options by funds: $1K | Put options by funds: $79K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$3.06M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$2.71M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.04M |
| 4 |
Millennium Management
New York
|
+$1.52M |
| 5 |
BlackRock
New York
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$9.16M |
| 2 |
MOACM
Mutual of America Capital Management
New York
|
-$2.33M |
| 3 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
-$2.09M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.06M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.4M |
ACIC Hedge Fund Activity: Q2 2019 in Review
116 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q2 2019, worth a combined $239M — down 12% from $270M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ACIC positions and 10 closed out — a net gain of 8 holders — while 42 added to existing stakes and 29 trimmed.
The largest buyer was Philadelphia Financial Management of San Francisco, adding an estimated $3.06M. The largest seller was Ashford Capital Management, exiting entirely with an estimated $9.16M sold.
- 116 institutional investors held American Coastal Insurance (ACIC) as of Q2 2019, up from 112 in Q1 2019.
- Funds reported $239M of American Coastal Insurance stock for Q2 2019, down 12% quarter-over-quarter.
- 18 funds opened new American Coastal Insurance positions in Q2 2019 and 10 closed out, a net change of +8 holders.
- The largest American Coastal Insurance buyer in Q2 2019 was Philadelphia Financial Management of San Francisco, an estimated $3.06M added.
- The largest American Coastal Insurance seller in Q2 2019 was Ashford Capital Management, an estimated $9.16M sold.
Based on aggregated 13F filings for Q2 2019.