American Coastal Insurance
ACIC
117 hedge funds and large institutions have $268M invested in American Coastal Insurance in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 43 increasing their positions, 33 reducing their positions, and 12 closing their positions.
9,833% more call options, than puts
Call options by funds: $298K | Put options by funds: $3K
30% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 33
1.27% more ownership
Funds ownership: 36.23% → 37.5% (+1.3%)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
1% more funds holding
Funds holding: 116 → 117 (+1)
23% less capital invested
Capital invested by funds: $347M → $268M (-$79.2M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$11.1M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.26M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.43M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$1.55M |
| 5 |
BlackRock
New York
|
+$998K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
-$5.26M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$3.24M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$885K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$843K |
| 5 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
-$832K |
ACIC Hedge Fund Activity: Q4 2018 in Review
117 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q4 2018, worth a combined $268M — down 23% from $347M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ACIC positions and 12 closed out — a net gain of 1 holder — while 43 added to existing stakes and 33 trimmed.
The largest buyer was Invesco, adding an estimated $11.1M. The largest seller was Stadium Capital Management, cutting an estimated $5.26M.
- 117 institutional investors held American Coastal Insurance (ACIC) as of Q4 2018, up from 116 in Q3 2018.
- Funds reported $268M of American Coastal Insurance stock for Q4 2018, down 23% quarter-over-quarter.
- 13 funds opened new American Coastal Insurance positions in Q4 2018 and 12 closed out, a net change of +1 holder.
- The largest American Coastal Insurance buyer in Q4 2018 was Invesco, an estimated $11.1M added.
- The largest American Coastal Insurance seller in Q4 2018 was Stadium Capital Management, an estimated $5.26M sold.
Based on aggregated 13F filings for Q4 2018.