American Coastal Insurance
ACIC
46 hedge funds and large institutions have $4.49M invested in American Coastal Insurance in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 17 reducing their positions, and 25 closing their positions.
3.46% less ownership
Funds ownership: 19.57% → 16.11% (-3.5%)
28% less funds holding
Funds holding: 64 → 46 (-18)
67% less capital invested
Capital invested by funds: $13.4M → $4.49M (-$8.95M)
71% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 17
72% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 25
90% less call options, than puts
Call options by funds: $3K | Put options by funds: $31K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$98.7K |
| 2 |
Lido Advisors
Los Angeles,
California
|
+$42.5K |
| 3 |
Man Group
London,
United Kingdom
|
+$39.8K |
| 4 |
VF
Virtu Financial
New York
|
+$18.4K |
| 5 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$10.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$464K |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$422K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$289K |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$197K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$143K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Acadian Asset Management
Boston,
Massachusetts
| – | -$23K | -14,883 | Closed |
|
|
DC
52
Diametric Capital
Boston,
Massachusetts
| – | -$22K | -14,158 | Closed |
|
53
Squarepoint
New York
| – | -$21K | -13,683 | Closed |
|
|
P
54
Pitcairn
Conshohocken,
Pennsylvania
| – | -$16K | -10,376 | Closed |
|
55
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$8K | -5,247 | Closed |
|
|
BAM
56
Belpointe Asset Management
Reno,
Nevada
| – | -$197K | -2,900 | Closed |
|
|
PFGIA
57
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$2K | -1,000 | Closed |
|
58
Fidelity Investments
Boston,
Massachusetts
| – | -$1K | -891 | Closed |
|
|
WWMSC
59
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| – | -$1K | -544 | Closed |
|
60
Wells Fargo
San Francisco,
California
| – | -$1 | -1 | -0.7% |
|
61
Bank of America
Charlotte,
North Carolina
| – | +$2 | +2 | New |
|
62
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$158 | +149 | New |
|
ACIC Hedge Fund Activity: Q3 2022 in Review
46 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q3 2022, worth a combined $4.49M — down 67% from $13.4M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of ACIC and 7 opened new positions — a net loss of 18 holders — while 17 trimmed existing stakes and 5 added.
The largest buyer was Clear Harbor Asset Management, adding an estimated $98.7K. The largest seller was Morgan Stanley, cutting an estimated $464K.
- 46 institutional investors held American Coastal Insurance (ACIC) as of Q3 2022, down from 64 in Q2 2022.
- Funds reported $4.49M of American Coastal Insurance stock for Q3 2022, down 67% quarter-over-quarter.
- 7 funds opened new American Coastal Insurance positions in Q3 2022 and 25 closed out, a net change of -18 holders.
- The largest American Coastal Insurance buyer in Q3 2022 was Clear Harbor Asset Management, an estimated $98.7K added.
- The largest American Coastal Insurance seller in Q3 2022 was Morgan Stanley, an estimated $464K sold.
Based on aggregated 13F filings for Q3 2022.