American Coastal Insurance
ACIC
129 hedge funds and large institutions have $177M invested in American Coastal Insurance in 2015 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 50 increasing their positions, 39 reducing their positions, and 26 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 39
0% more funds holding
Funds holding: 129 → 129 (0)
0% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 26
29% less capital invested
Capital invested by funds: $249M → $177M (-$72.4M)
46% less call options, than puts
Call options by funds: $740K | Put options by funds: $1.37M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$4.87M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$4.53M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.66M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$2.49M |
| 5 |
LCM
Leonard Capital Management
Vero Beach,
Florida
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
-$4.63M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$4.6M |
| 3 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
-$3.94M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.52M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$3.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FNBT
151
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$11K | -500 | Closed |
|
|
LTFS
152
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$6K | -237 | Closed |
|
|
GT
153
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$5K | -235 | Closed |
|
154
Creative Planning
Overland Park,
Kansas
| – | -$5K | -200 | Closed |
|
|
GC
155
Globeflex Capital
San Diego,
California
| – | -$1K | -59 | Closed |
|
ACIC Hedge Fund Activity: Q2 2015 in Review
129 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q2 2015, worth a combined $177M — down 29% from $249M a quarter earlier.
Fund positioning in ACIC was balanced in Q2 2015: 26 funds opened new positions, 26 closed out, 50 added to existing stakes and 39 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $4.87M. The largest seller was Columbia Partners Investment Management, exiting entirely with an estimated $4.63M sold.
- 129 institutional investors held American Coastal Insurance (ACIC) as of Q2 2015, unchanged from Q1 2015.
- Funds reported $177M of American Coastal Insurance stock for Q2 2015, down 29% quarter-over-quarter.
- 26 funds opened new American Coastal Insurance positions in Q2 2015 and 26 closed out, a net change of 0 holders.
- The largest American Coastal Insurance buyer in Q2 2015 was Allianz Asset Management, an estimated $4.87M added.
- The largest American Coastal Insurance seller in Q2 2015 was Columbia Partners Investment Management, an estimated $4.63M sold.
Based on aggregated 13F filings for Q2 2015.