American Coastal Insurance
ACIC
133 hedge funds and large institutions have $200M invested in American Coastal Insurance in 2017 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 38 increasing their positions, 47 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
67% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 15
43% more call options, than puts
Call options by funds: $277K | Put options by funds: $194K
3% more funds holding
Funds holding: 129 → 133 (+4)
5% more capital invested
Capital invested by funds: $191M → $200M (+$8.75M)
0.62% less ownership
Funds ownership: 58.22% → 57.59% (-0.62%)
19% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$33M |
| 2 |
CRM
Capital Returns Management
Rye,
New York
|
+$3.9M |
| 3 |
MOACM
Mutual of America Capital Management
New York
|
+$1.57M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.28M |
| 5 |
Bank of New York Mellon
New York
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.58M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
-$4.19M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$1.33M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.31M |
| 5 |
RA
Royce & Associates
New York
|
-$1.06M |
ACIC Hedge Fund Activity: Q1 2017 in Review
133 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q1 2017, worth a combined $200M — up 4.6% from $191M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ACIC positions and 15 closed out — a net gain of 10 holders — while 38 added to existing stakes and 47 trimmed.
The largest buyer was BlackRock, adding an estimated $33M. The largest seller was Wells Fargo, cutting an estimated $4.58M.
- 133 institutional investors held American Coastal Insurance (ACIC) as of Q1 2017, up from 129 in Q4 2016.
- Funds reported $200M of American Coastal Insurance stock for Q1 2017, up 4.6% quarter-over-quarter.
- 25 funds opened new American Coastal Insurance positions in Q1 2017 and 15 closed out, a net change of +10 holders.
- The largest American Coastal Insurance buyer in Q1 2017 was BlackRock, an estimated $33M added.
- The largest American Coastal Insurance seller in Q1 2017 was Wells Fargo, an estimated $4.58M sold.
Based on aggregated 13F filings for Q1 2017.