American Coastal Insurance
ACIC
122 hedge funds and large institutions have $224M invested in American Coastal Insurance in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 51 increasing their positions, 26 reducing their positions, and 11 closing their positions.
127% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
96% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 26
23% more capital invested
Capital invested by funds: $182M → $224M (+$42M)
13% more funds holding
Funds holding: 108 → 122 (+14)
77% less call options, than puts
Call options by funds: $63K | Put options by funds: $274K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$2.71M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.51M |
| 3 |
Renaissance Technologies
New York
|
+$1.32M |
| 4 |
Morgan Stanley
New York
|
+$1.28M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$2.35M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.82M |
| 3 |
GC
GMT Capital
Atlanta,
Georgia
|
-$1.48M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.23M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$916K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
126
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$64K | -3,750 | Closed |
|
|
AFP
127
Ausdal Financial Partners
Davenport,
Iowa
| – | -$15K | -867 | Closed |
|
|
TRCT
128
Tower Research Capital (TRC)
New York
| – | -$12K | -700 | Closed |
|
129
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$9K | -542 | Closed |
|
|
IA
130
IFP Advisors
Tampa,
Florida
| – | -$7K | -401 | Closed |
|
|
VCM
131
Versant Capital Management
Phoenix,
Arizona
| – | -$2.7K | -161 | -84% |
|
|
WA
132
WFG Advisors
Dallas,
Texas
| – | +$134 | +8 | +57% |
|
133
Creative Planning
Overland Park,
Kansas
| – | +$419 | +25 | New |
|
ACIC Hedge Fund Activity: Q1 2016 in Review
122 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q1 2016, worth a combined $224M — up 23% from $182M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ACIC positions and 11 closed out — a net gain of 14 holders — while 51 added to existing stakes and 26 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $2.71M. The largest seller was PEAK6 Group, exiting entirely with an estimated $2.35M sold.
- 122 institutional investors held American Coastal Insurance (ACIC) as of Q1 2016, up from 108 in Q4 2015.
- Funds reported $224M of American Coastal Insurance stock for Q1 2016, up 23% quarter-over-quarter.
- 25 funds opened new American Coastal Insurance positions in Q1 2016 and 11 closed out, a net change of +14 holders.
- The largest American Coastal Insurance buyer in Q1 2016 was Schroder Investment Management Group, an estimated $2.71M added.
- The largest American Coastal Insurance seller in Q1 2016 was PEAK6 Group, an estimated $2.35M sold.
Based on aggregated 13F filings for Q1 2016.