American Coastal Insurance
ACIC
114 hedge funds and large institutions have $290M invested in American Coastal Insurance in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 47 increasing their positions, 33 reducing their positions, and 11 closing their positions.
256% more call options, than puts
Call options by funds: $256K | Put options by funds: $72K
42% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 33
7% more capital invested
Capital invested by funds: $271M → $290M (+$18.5M)
1.5% more ownership
Funds ownership: 33.09% → 34.59% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 118 → 114 (-4)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$14.5M |
| 2 |
BlackRock
New York
|
+$3.82M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.29M |
| 4 |
FSA
Franklin Street Advisors
Chapel Hill,
North Carolina
|
+$2.28M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$1.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
-$7.67M |
| 2 |
Millennium Management
New York
|
-$2.98M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.73M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$1.14M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.12M |
ACIC Hedge Fund Activity: Q2 2018 in Review
114 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q2 2018, worth a combined $290M — up 6.8% from $271M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ACIC and 7 opened new positions — a net loss of 4 holders — while 33 trimmed existing stakes and 47 added.
The largest buyer was Ashford Capital Management, opening a new position worth an estimated $14.5M. The largest seller was Stadium Capital Management, cutting an estimated $7.67M.
- 114 institutional investors held American Coastal Insurance (ACIC) as of Q2 2018, down from 118 in Q1 2018.
- Funds reported $290M of American Coastal Insurance stock for Q2 2018, up 6.8% quarter-over-quarter.
- 7 funds opened new American Coastal Insurance positions in Q2 2018 and 11 closed out, a net change of -4 holders.
- The largest American Coastal Insurance buyer in Q2 2018 was Ashford Capital Management, an estimated $14.5M added.
- The largest American Coastal Insurance seller in Q2 2018 was Stadium Capital Management, an estimated $7.67M sold.
Based on aggregated 13F filings for Q2 2018.