American Coastal Insurance
ACIC
48 hedge funds and large institutions have $64.4M invested in American Coastal Insurance in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 4 closing their positions.
350% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 4
91% more capital invested
Capital invested by funds: $33.8M → $64.4M (+$30.6M)
41% more funds holding
Funds holding: 34 → 48 (+14)
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.04M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
+$1.63M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$995K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$856K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$824K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Argent Capital Management
St Louis,
Missouri
|
-$1.82M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$745K |
| 3 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$612K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$588K |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$267K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
51
UBS
Zurich,
Switzerland
| – | -$26K | -2,936 | Closed |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$2 | -266 | Closed |
|
ACIC Hedge Fund Activity: Q4 2013 in Review
48 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q4 2013, worth a combined $64.4M — up 91% from $33.8M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ACIC positions and 4 closed out — a net gain of 14 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.04M. The largest seller was Argent Capital Management, cutting an estimated $1.82M.
- 48 institutional investors held American Coastal Insurance (ACIC) as of Q4 2013, up from 34 in Q3 2013.
- Funds reported $64.4M of American Coastal Insurance stock for Q4 2013, up 91% quarter-over-quarter.
- 18 funds opened new American Coastal Insurance positions in Q4 2013 and 4 closed out, a net change of +14 holders.
- The largest American Coastal Insurance buyer in Q4 2013 was Morgan Stanley, an estimated $2.04M added.
- The largest American Coastal Insurance seller in Q4 2013 was Argent Capital Management, an estimated $1.82M sold.
Based on aggregated 13F filings for Q4 2013.