American Coastal Insurance
ACIC
117 hedge funds and large institutions have $249M invested in American Coastal Insurance in 2017 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 42 increasing their positions, 39 reducing their positions, and 14 closing their positions.
7% more capital invested
Capital invested by funds: $233M → $249M (+$16.6M)
8% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 39
0.38% more ownership
Funds ownership: 33.43% → 33.8% (+0.38%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 118 → 117 (-1)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
66% less call options, than puts
Call options by funds: $62K | Put options by funds: $181K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$3.77M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.78M |
| 3 |
BlackRock
New York
|
+$1.71M |
| 4 |
Bank of New York Mellon
New York
|
+$1.57M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Capital Returns Management
Rye,
New York
|
-$5.09M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$3.57M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.03M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$1.07M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$384K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
126
Oppenheimer Asset Management
New York
| – | -$2K | -114 | Closed |
|
127
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$1K | -35 | Closed |
|
128
AssetMark Inc
Concord,
California
| – | +$130 | +8 | New |
|
129
CIBC Private Wealth Group
Atlanta,
Georgia
| – | +$130 | +8 | New |
|
ACIC Hedge Fund Activity: Q4 2017 in Review
117 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q4 2017, worth a combined $249M — up 7.1% from $233M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ACIC and 13 opened new positions — a net loss of 1 holder — while 39 trimmed existing stakes and 42 added.
The largest buyer was Stadium Capital Management, adding an estimated $3.77M. The largest seller was Capital Returns Management, exiting entirely with an estimated $5.09M sold.
- 117 institutional investors held American Coastal Insurance (ACIC) as of Q4 2017, down from 118 in Q3 2017.
- Funds reported $249M of American Coastal Insurance stock for Q4 2017, up 7.1% quarter-over-quarter.
- 13 funds opened new American Coastal Insurance positions in Q4 2017 and 14 closed out, a net change of -1 holder.
- The largest American Coastal Insurance buyer in Q4 2017 was Stadium Capital Management, an estimated $3.77M added.
- The largest American Coastal Insurance seller in Q4 2017 was Capital Returns Management, an estimated $5.09M sold.
Based on aggregated 13F filings for Q4 2017.