American Coastal Insurance
ACIC
93 hedge funds and large institutions have $98.2M invested in American Coastal Insurance in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 11 closing their positions.
173% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 11
26% more funds holding
Funds holding: 74 → 93 (+19)
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
7% more capital invested
Capital invested by funds: $92M → $98.2M (+$6.11M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.54% less ownership
Funds ownership: 22.16% → 19.63% (-2.5%)
56% less call options, than puts
Call options by funds: $5.52M | Put options by funds: $12.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$2.65M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$2.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.04M |
| 4 |
Millennium Management
New York
|
+$1.7M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$12.6M |
| 2 |
TCM
Tieton Capital Management
Yakima,
Washington
|
-$3.41M |
| 3 |
Renaissance Technologies
New York
|
-$1.3M |
| 4 |
Morgan Stanley
New York
|
-$987K |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$966K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
101
DG Capital Management
New York
| – | -$166K | -17,586 | Closed |
|
102
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$129K | -13,657 | Closed |
|
|
CG
103
Cutler Group
San Francisco,
California
| – | -$21.5K | -1,900 | Closed |
|
104
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$34 | +3 | New |
|
ACIC Hedge Fund Activity: Q1 2024 in Review
93 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q1 2024, worth a combined $98.2M — up 6.6% from $92M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ACIC positions and 11 closed out — a net gain of 19 holders — while 26 added to existing stakes and 23 trimmed.
The largest buyer was Nuveen, adding an estimated $2.65M. The largest seller was Invesco, exiting entirely with an estimated $12.6M sold.
- 93 institutional investors held American Coastal Insurance (ACIC) as of Q1 2024, up from 74 in Q4 2023.
- Funds reported $98.2M of American Coastal Insurance stock for Q1 2024, up 6.6% quarter-over-quarter.
- 30 funds opened new American Coastal Insurance positions in Q1 2024 and 11 closed out, a net change of +19 holders.
- The largest American Coastal Insurance buyer in Q1 2024 was Nuveen, an estimated $2.65M added.
- The largest American Coastal Insurance seller in Q1 2024 was Invesco, an estimated $12.6M sold.
Based on aggregated 13F filings for Q1 2024.