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American Coastal Insurance

111 hedge funds and large institutions have $138M invested in American Coastal Insurance in 2014 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 35 increasing their positions, 37 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

611% more call options, than puts

Call options by funds: $5.21M | Put options by funds: $733K

50% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 14

7% more funds holding

Funds holding: 104111 (+7)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 37

10% less capital invested

Capital invested by funds: $152M → $138M (-$14.6M)

Holders
111
Holders Change
+7
Holders Change %
+6.73%
% of All Funds
3.22%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
21
Increased
35
Reduced
37
Closed
14
Calls
$5.21M
Puts
$733K
Net Calls
+$4.47M
Net Calls Change
+$4.28M
Name Holding Trade Value Shares
Change
Change in
Stake
MCM
1
McKinley Capital Management
Alaska
$7.62M +$2.34M +148,798 +41%
PCM
2
Perritt Capital Management
Illinois
$6.55M -$379K -24,099 -5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$6.49M +$755K +47,979 +12%
Morgan Stanley
4
Morgan Stanley
New York
$6.29M -$3.66M -232,499 -36%
PRCM
5
Pine River Capital Management
Minnesota
$6.22M +$3.96M +251,552 +155%
BFA
6
BlackRock Fund Advisors
California
$5.98M -$206K -13,068 -3%
AL
7
AJO LP
Pennsylvania
$5.24M +$963K +61,190 +21%
BCM
8
Bridgeway Capital Management
Texas
$4.51M
CPIM
9
Columbia Partners Investment Management
Virginia
$4.2M +$195K +12,412 +5%
AQR Capital Management
10
AQR Capital Management
Connecticut
$3.98M +$3.3M +209,700 +376%
HA
11
Heartland Advisors
Wisconsin
$3.75M +$1.57M +100,000 +67%
OSAM
12
O'Shaughnessy Asset Management
Connecticut
$3.6M -$359K -22,814 -9%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$3.53M +$1.54M +97,891 +71%
Allianz Asset Management
14
Allianz Asset Management
Germany
$2.94M -$2.31M -146,746 -43%
BFC
15
Banc Funds Company
Illinois
$2.9M +$389K +24,698 +15%
BIT
16
BlackRock Institutional Trust
California
$2.64M -$716K -45,515 -21%
Northern Trust
17
Northern Trust
Illinois
$2.62M +$2.05M +130,045 +294%
RA
18
Royce & Associates
New York
$2.56M -$189K -12,000 -7%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$2.48M -$21.2K -1,345 -0.8%
State Street
20
State Street
Massachusetts
$2.37M +$67.8K +4,309 +3%
SGAM
21
Smith Group Asset Management
Texas
$2.21M -$8.03K -510 -0.3%
ACM
22
Argent Capital Management
Missouri
$2.17M +$339K +21,525 +17%
RHJA
23
Rice Hall James & Associates
California
$2.07M -$27.3K -1,734 -1%
1IC
24
1919 Investment Counsel
Maryland
$2M -$1.06M -67,050 -34%
SCM
25
Sterling Capital Management
North Carolina
$1.84M +$1.93M +122,780 New

ACIC Hedge Fund Activity: Q3 2014 in Review

111 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q3 2014, worth a combined $138M — down 9.6% from $152M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new ACIC positions and 14 closed out — a net gain of 7 holders — while 35 added to existing stakes and 37 trimmed.

The largest buyer was Pine River Capital Management, adding an estimated $3.96M. The largest seller was Morgan Stanley, cutting an estimated $3.66M.

  • 111 institutional investors held American Coastal Insurance (ACIC) as of Q3 2014, up from 104 in Q2 2014.
  • Funds reported $138M of American Coastal Insurance stock for Q3 2014, down 9.6% quarter-over-quarter.
  • 21 funds opened new American Coastal Insurance positions in Q3 2014 and 14 closed out, a net change of +7 holders.
  • The largest American Coastal Insurance buyer in Q3 2014 was Pine River Capital Management, an estimated $3.96M added.
  • The largest American Coastal Insurance seller in Q3 2014 was Morgan Stanley, an estimated $3.66M sold.

Based on aggregated 13F filings for Q3 2014.