American Coastal Insurance
ACIC
84 hedge funds and large institutions have $38.2M invested in American Coastal Insurance in 2021 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 19 increasing their positions, 34 reducing their positions, and 25 closing their positions.
7% less funds holding
Funds holding: 90 → 84 (-6)
7.37% less ownership
Funds ownership: 31.57% → 24.2% (-7.4%)
24% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 25
44% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 34
51% less capital invested
Capital invested by funds: $78.1M → $38.2M (-$39.9M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $79K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.12M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$725K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$678K |
| 4 |
E
Ergoteles
New York
|
+$677K |
| 5 |
Goldman Sachs
New York
|
+$667K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$7.41M |
| 2 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
-$3.41M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.94M |
| 4 |
IMOV
Investment Management of Virginia
Richmond,
Virginia
|
-$1.31M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MOACM
101
Mutual of America Capital Management
New York
| – | -$17K | -2,950 | Closed |
|
|
QSS
102
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$208K | -2,093 | Closed |
|
|
PAM
103
Panagora Asset Management
Boston,
Massachusetts
| – | -$5K | -920 | Closed |
|
104
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1.9K | -472 | -86% |
|
|
QCG
105
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$149 | +37 | New |
|
|
GWS
106
Glassman Wealth Services
Vienna,
Virginia
| – | +$422 | +105 | New |
|
107
Osaic Holdings
Scottsdale,
Arizona
| – | +$4.97K | +1,238 | New |
|
ACIC Hedge Fund Activity: Q3 2021 in Review
84 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q3 2021, worth a combined $38.2M — down 51% from $78.1M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of ACIC and 19 opened new positions — a net loss of 6 holders — while 34 trimmed existing stakes and 19 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.12M. The largest seller was BlackRock, cutting an estimated $7.41M.
- 84 institutional investors held American Coastal Insurance (ACIC) as of Q3 2021, down from 90 in Q2 2021.
- Funds reported $38.2M of American Coastal Insurance stock for Q3 2021, down 51% quarter-over-quarter.
- 19 funds opened new American Coastal Insurance positions in Q3 2021 and 25 closed out, a net change of -6 holders.
- The largest American Coastal Insurance buyer in Q3 2021 was Millennium Management, an estimated $1.12M added.
- The largest American Coastal Insurance seller in Q3 2021 was BlackRock, an estimated $7.41M sold.
Based on aggregated 13F filings for Q3 2021.