American Coastal Insurance
ACIC
74 hedge funds and large institutions have $92M invested in American Coastal Insurance in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 29 increasing their positions, 17 reducing their positions, and 8 closing their positions.
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
71% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 17
39% more capital invested
Capital invested by funds: $66.2M → $92M (+$25.8M)
10% more funds holding
Funds holding: 67 → 74 (+7)
1.44% more ownership
Funds ownership: 20.72% → 22.16% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
27% less call options, than puts
Call options by funds: $4.39M | Put options by funds: $5.98M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scion Asset Management
Saratoga,
California
|
+$1.69M |
| 2 |
Renaissance Technologies
New York
|
+$1.36M |
| 3 |
Two Sigma Investments
New York
|
+$1.07M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$858K |
| 5 |
Morgan Stanley
New York
|
+$850K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$1.92M |
| 2 |
HCP
Hiddenite Capital Partners
New York
|
-$1.03M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$434K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$413K |
| 5 |
Goldman Sachs
New York
|
-$387K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Goldman Sachs
New York
| – | -$387K | -52,539 | Closed |
|
77
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
| – | -$368K | -50,000 | Closed |
|
|
PAG
78
Private Advisor Group
Morristown,
New Jersey
| – | -$302K | -41,091 | Closed |
|
|
PCM
79
Prelude Capital Management
New York
| – | -$85.6K | -11,631 | Closed |
|
|
OLVIG
80
Oliver Lagore Vanvalin Investment Group
Flint,
Michigan
| – | -$5.52K | -750 | Closed |
|
|
EWA
81
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$1.03K | -140 | Closed |
|
|
QT
82
Quantbot Technologies
New York
| – | -$243 | -33 | Closed |
|
ACIC Hedge Fund Activity: Q4 2023 in Review
74 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q4 2023, worth a combined $92M — up 39% from $66.2M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ACIC positions and 8 closed out — a net gain of 8 holders — while 29 added to existing stakes and 17 trimmed.
The largest buyer was Scion Asset Management, opening a new position worth an estimated $1.69M. The largest seller was Westwood Holdings Group, cutting an estimated $1.92M.
- 74 institutional investors held American Coastal Insurance (ACIC) as of Q4 2023, up from 67 in Q3 2023.
- Funds reported $92M of American Coastal Insurance stock for Q4 2023, up 39% quarter-over-quarter.
- 16 funds opened new American Coastal Insurance positions in Q4 2023 and 8 closed out, a net change of +8 holders.
- The largest American Coastal Insurance buyer in Q4 2023 was Scion Asset Management, an estimated $1.69M added.
- The largest American Coastal Insurance seller in Q4 2023 was Westwood Holdings Group, an estimated $1.92M sold.
Based on aggregated 13F filings for Q4 2023.