American Coastal Insurance
ACIC
94 hedge funds and large institutions have $91.3M invested in American Coastal Insurance in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 31 increasing their positions, 33 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.42% less ownership
Funds ownership: 35.35% → 34.93% (-0.42%)
6% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 33
5% less funds holding
Funds holding: 99 → 94 (-5)
23% less capital invested
Capital invested by funds: $119M → $91.3M (-$27.4M)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$3.82M |
| 2 |
IMOV
Investment Management of Virginia
Richmond,
Virginia
|
+$644K |
| 3 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$421K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$419K |
| 5 |
SWA
Sutton Wealth Advisors
Tampa,
Florida
|
+$326K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.8M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$995K |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$901K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$678K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$577K |
ACIC Hedge Fund Activity: Q3 2020 in Review
94 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q3 2020, worth a combined $91.3M — down 23% from $119M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ACIC and 5 opened new positions — a net loss of 5 holders — while 33 trimmed existing stakes and 31 added.
The largest buyer was Stadium Capital Management, adding an estimated $3.82M. The largest seller was Credit Suisse, cutting an estimated $1.8M.
- 94 institutional investors held American Coastal Insurance (ACIC) as of Q3 2020, down from 99 in Q2 2020.
- Funds reported $91.3M of American Coastal Insurance stock for Q3 2020, down 23% quarter-over-quarter.
- 5 funds opened new American Coastal Insurance positions in Q3 2020 and 10 closed out, a net change of -5 holders.
- The largest American Coastal Insurance buyer in Q3 2020 was Stadium Capital Management, an estimated $3.82M added.
- The largest American Coastal Insurance seller in Q3 2020 was Credit Suisse, an estimated $1.8M sold.
Based on aggregated 13F filings for Q3 2020.