American Coastal Insurance
ACIC
105 hedge funds and large institutions have $140M invested in American Coastal Insurance in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 44 increasing their positions, 31 reducing their positions, and 29 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 31
19% less funds holding
Funds holding: 129 → 105 (-24)
21% less capital invested
Capital invested by funds: $177M → $140M (-$36.9M)
49% less call options, than puts
Call options by funds: $421K | Put options by funds: $824K
79% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 29
Top Buyers
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$12.9M |
| 2 |
Millennium Management
New York
|
+$1.95M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.61M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.47M |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$1.38M |
Top Sellers
| 1 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
-$9.26M |
| 2 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$4.21M |
| 3 |
VAM
Visium Asset Management
New York
|
-$2.49M |
| 4 |
ACM
Argent Capital Management
St Louis,
Missouri
|
-$2.33M |
| 5 |
WC
Weatherbie Capital
Boston,
Massachusetts
|
-$2.12M |
ACIC Hedge Fund Activity: Q3 2015 in Review
105 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q3 2015, worth a combined $140M — down 21% from $177M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ACIC and 6 opened new positions — a net loss of 23 holders — while 31 trimmed existing stakes and 44 added.
The largest buyer was GMT Capital, adding an estimated $12.9M. The largest seller was Hancock Whitney, exiting entirely with an estimated $9.26M sold.
- 105 institutional investors held American Coastal Insurance (ACIC) as of Q3 2015, down from 129 in Q2 2015.
- Funds reported $140M of American Coastal Insurance stock for Q3 2015, down 21% quarter-over-quarter.
- 6 funds opened new American Coastal Insurance positions in Q3 2015 and 29 closed out, a net change of -23 holders.
- The largest American Coastal Insurance buyer in Q3 2015 was GMT Capital, an estimated $12.9M added.
- The largest American Coastal Insurance seller in Q3 2015 was Hancock Whitney, an estimated $9.26M sold.
Based on aggregated 13F filings for Q3 2015.