American Coastal Insurance
ACIC
115 hedge funds and large institutions have $206M invested in American Coastal Insurance in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 33 reducing their positions, and 17 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 33
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.04% less ownership
Funds ownership: 37.38% → 37.34% (-0.04%)
7% less funds holding
Funds holding: 124 → 115 (-9)
10% less capital invested
Capital invested by funds: $228M → $206M (-$22.1M)
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.64M |
| 2 |
BlackRock
New York
|
+$2.55M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$684K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$669K |
| 5 |
Bank of New York Mellon
New York
|
+$451K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$4.61M |
| 2 |
Millennium Management
New York
|
-$3.91M |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$548K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$531K |
| 5 |
Goldman Sachs
New York
|
-$491K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
126
Quantamental Technologies
White Plains,
New York
| – | -$6K | -404 | Closed |
|
|
BCA
127
Bray Capital Advisors
Naples,
Florida
| – | -$6K | -402 | Closed |
|
128
Simplex Trading
Chicago,
Illinois
| – | -$5.04K | -397 | Closed |
|
129
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -160 | Closed |
|
|
HGWM
130
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$1K | -97 | Closed |
|
ACIC Hedge Fund Activity: Q4 2019 in Review
115 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q4 2019, worth a combined $206M — down 9.7% from $228M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of ACIC and 13 opened new positions — a net loss of 4 holders — while 33 trimmed existing stakes and 45 added.
The largest buyer was Credit Suisse, adding an estimated $3.64M. The largest seller was Philadelphia Financial Management of San Francisco, cutting an estimated $4.61M.
- 115 institutional investors held American Coastal Insurance (ACIC) as of Q4 2019, down from 124 in Q3 2019.
- Funds reported $206M of American Coastal Insurance stock for Q4 2019, down 9.7% quarter-over-quarter.
- 13 funds opened new American Coastal Insurance positions in Q4 2019 and 17 closed out, a net change of -4 holders.
- The largest American Coastal Insurance buyer in Q4 2019 was Credit Suisse, an estimated $3.64M added.
- The largest American Coastal Insurance seller in Q4 2019 was Philadelphia Financial Management of San Francisco, an estimated $4.61M sold.
Based on aggregated 13F filings for Q4 2019.