American Coastal Insurance
ACIC
106 hedge funds and large institutions have $142M invested in American Coastal Insurance in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 41 increasing their positions, 29 reducing their positions, and 21 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 29
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.11% less ownership
Funds ownership: 37.34% → 35.23% (-2.1%)
8% less funds holding
Funds holding: 115 → 106 (-9)
31% less capital invested
Capital invested by funds: $206M → $142M (-$63.7M)
38% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 21
75% less call options, than puts
Call options by funds: $1K | Put options by funds: $4K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.21M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.1M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$694K |
| 4 |
State Street
Boston,
Massachusetts
|
+$456K |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$390K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$4.02M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$3.82M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$1.42M |
| 4 |
Jane Street
New York
|
-$1.22M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.02M |
ACIC Hedge Fund Activity: Q1 2020 in Review
106 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q1 2020, worth a combined $142M — down 31% from $206M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of ACIC and 13 opened new positions — a net loss of 8 holders — while 29 trimmed existing stakes and 41 added.
The largest buyer was BlackRock, adding an estimated $1.21M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $4.02M sold.
- 106 institutional investors held American Coastal Insurance (ACIC) as of Q1 2020, down from 115 in Q4 2019.
- Funds reported $142M of American Coastal Insurance stock for Q1 2020, down 31% quarter-over-quarter.
- 13 funds opened new American Coastal Insurance positions in Q1 2020 and 21 closed out, a net change of -8 holders.
- The largest American Coastal Insurance buyer in Q1 2020 was BlackRock, an estimated $1.21M added.
- The largest American Coastal Insurance seller in Q1 2020 was Philadelphia Financial Management of San Francisco, an estimated $4.02M sold.
Based on aggregated 13F filings for Q1 2020.