American Coastal Insurance
ACIC
131 hedge funds and large institutions have $209M invested in American Coastal Insurance in 2016 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 56 increasing their positions, 27 reducing their positions, and 17 closing their positions.
109% more call options, than puts
Call options by funds: $301K | Put options by funds: $144K
107% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 27
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
1% more funds holding
Funds holding: 130 → 131 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less capital invested
Capital invested by funds: $212M → $209M (-$2.87M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$3.55M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.25M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.51M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.22M |
| 5 |
SIM
Spark Investment Management
New York
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$17.8M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$4.64M |
| 3 |
Morgan Stanley
New York
|
-$2.02M |
| 4 |
WC
Weatherbie Capital
Boston,
Massachusetts
|
-$1.89M |
| 5 |
GC
GMT Capital
Atlanta,
Georgia
|
-$940K |
ACIC Hedge Fund Activity: Q3 2016 in Review
131 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q3 2016, worth a combined $209M — down 1.4% from $212M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ACIC positions and 17 closed out — a net gain of 2 holders — while 56 added to existing stakes and 27 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $3.55M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $17.8M sold.
- 131 institutional investors held American Coastal Insurance (ACIC) as of Q3 2016, up from 130 in Q2 2016.
- Funds reported $209M of American Coastal Insurance stock for Q3 2016, down 1.4% quarter-over-quarter.
- 19 funds opened new American Coastal Insurance positions in Q3 2016 and 17 closed out, a net change of +2 holders.
- The largest American Coastal Insurance buyer in Q3 2016 was Franklin Resources, an estimated $3.55M added.
- The largest American Coastal Insurance seller in Q3 2016 was Allianz Asset Management, an estimated $17.8M sold.
Based on aggregated 13F filings for Q3 2016.