American Coastal Insurance
ACIC
118 hedge funds and large institutions have $233M invested in American Coastal Insurance in 2017 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 34 reducing their positions, and 11 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 34
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
11% more capital invested
Capital invested by funds: $209M → $233M (+$23.7M)
3% more funds holding
Funds holding: 115 → 118 (+3)
2.36% more ownership
Funds ownership: 31.07% → 33.43% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
39% less call options, than puts
Call options by funds: $723K | Put options by funds: $1.19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$9.91M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$8.65M |
| 3 |
BlackRock
New York
|
+$6.71M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.21M |
| 5 |
Lido Advisors
Los Angeles,
California
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Capital Returns Management
Rye,
New York
|
-$4.65M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$3.07M |
| 3 |
CCM
Concourse Capital Management
Atlanta,
Georgia
|
-$2.88M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
-$2.29M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
-$1.99M |
ACIC Hedge Fund Activity: Q3 2017 in Review
118 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q3 2017, worth a combined $233M — up 11% from $209M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ACIC positions and 11 closed out — a net gain of 4 holders — while 47 added to existing stakes and 34 trimmed.
The largest buyer was Stadium Capital Management, adding an estimated $9.91M. The largest seller was Capital Returns Management, cutting an estimated $4.65M.
- 118 institutional investors held American Coastal Insurance (ACIC) as of Q3 2017, up from 115 in Q2 2017.
- Funds reported $233M of American Coastal Insurance stock for Q3 2017, up 11% quarter-over-quarter.
- 15 funds opened new American Coastal Insurance positions in Q3 2017 and 11 closed out, a net change of +4 holders.
- The largest American Coastal Insurance buyer in Q3 2017 was Stadium Capital Management, an estimated $9.91M added.
- The largest American Coastal Insurance seller in Q3 2017 was Capital Returns Management, an estimated $4.65M sold.
Based on aggregated 13F filings for Q3 2017.