American Coastal Insurance
ACIC
115 hedge funds and large institutions have $209M invested in American Coastal Insurance in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 50 increasing their positions, 37 reducing their positions, and 26 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 37
5% more capital invested
Capital invested by funds: $200M → $209M (+$9.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
13% less call options, than puts
Call options by funds: $464K | Put options by funds: $535K
14% less funds holding
Funds holding: 133 → 115 (-18)
26.52% less ownership
Funds ownership: 57.59% → 31.07% (-27%)
69% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$14.2M |
| 2 |
CRM
Capital Returns Management
Rye,
New York
|
+$5.53M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$4.06M |
| 4 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$3.81M |
| 5 |
MOACM
Mutual of America Capital Management
New York
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$4.1M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
-$3.79M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$2.23M |
| 4 |
Morgan Stanley
New York
|
-$1.88M |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$1.68M |
ACIC Hedge Fund Activity: Q2 2017 in Review
115 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q2 2017, worth a combined $209M — up 4.8% from $200M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of ACIC and 8 opened new positions — a net loss of 18 holders — while 37 trimmed existing stakes and 50 added.
The largest buyer was Philadelphia Financial Management of San Francisco, opening a new position worth an estimated $14.2M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $4.1M sold.
- 115 institutional investors held American Coastal Insurance (ACIC) as of Q2 2017, down from 133 in Q1 2017.
- Funds reported $209M of American Coastal Insurance stock for Q2 2017, up 4.8% quarter-over-quarter.
- 8 funds opened new American Coastal Insurance positions in Q2 2017 and 26 closed out, a net change of -18 holders.
- The largest American Coastal Insurance buyer in Q2 2017 was Philadelphia Financial Management of San Francisco, an estimated $14.2M added.
- The largest American Coastal Insurance seller in Q2 2017 was Schroder Investment Management Group, an estimated $4.1M sold.
Based on aggregated 13F filings for Q2 2017.