American Coastal Insurance
ACIC
129 hedge funds and large institutions have $191M invested in American Coastal Insurance in 2016 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 45 reducing their positions, and 21 closing their positions.
101% more call options, than puts
Call options by funds: $306K | Put options by funds: $152K
58.22% more ownership
Funds ownership: 0% → 58.22% (+58%)
0% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 21
2% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 45
2% less funds holding
Funds holding: 131 → 129 (-2)
9% less capital invested
Capital invested by funds: $209M → $191M (-$18.6M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$3.95M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.02M |
| 3 |
CCM
Concourse Capital Management
Atlanta,
Georgia
|
+$2.37M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.97M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Weatherbie Capital
Boston,
Massachusetts
|
-$6.64M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
-$1.99M |
| 3 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$1.39M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.31M |
| 5 |
GC
Globeflex Capital
San Diego,
California
|
-$1.19M |
ACIC Hedge Fund Activity: Q4 2016 in Review
129 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q4 2016, worth a combined $191M — down 8.9% from $209M a quarter earlier.
Fund positioning in ACIC was balanced in Q4 2016: 21 funds opened new positions, 21 closed out, 44 added to existing stakes and 45 trimmed.
The largest buyer was Franklin Resources, adding an estimated $3.95M. The largest seller was Weatherbie Capital, exiting entirely with an estimated $6.64M sold.
- 129 institutional investors held American Coastal Insurance (ACIC) as of Q4 2016, down from 131 in Q3 2016.
- Funds reported $191M of American Coastal Insurance stock for Q4 2016, down 8.9% quarter-over-quarter.
- 21 funds opened new American Coastal Insurance positions in Q4 2016 and 21 closed out, a net change of 0 holders.
- The largest American Coastal Insurance buyer in Q4 2016 was Franklin Resources, an estimated $3.95M added.
- The largest American Coastal Insurance seller in Q4 2016 was Weatherbie Capital, an estimated $6.64M sold.
Based on aggregated 13F filings for Q4 2016.