American Coastal Insurance
ACIC
130 hedge funds and large institutions have $212M invested in American Coastal Insurance in 2016 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 45 increasing their positions, 32 reducing their positions, and 16 closing their positions.
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
41% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 32
7% more funds holding
Funds holding: 122 → 130 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less capital invested
Capital invested by funds: $230M → $212M (-$18.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.8M |
| 2 |
WC
Weatherbie Capital
Boston,
Massachusetts
|
+$5.26M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.61M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$1.79M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
-$4.73M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.22M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$1.05M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$911K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$859K |
ACIC Hedge Fund Activity: Q2 2016 in Review
130 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q2 2016, worth a combined $212M — down 7.9% from $230M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ACIC positions and 16 closed out — a net gain of 8 holders — while 45 added to existing stakes and 32 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.8M. The largest seller was GMT Capital, cutting an estimated $4.73M.
- 130 institutional investors held American Coastal Insurance (ACIC) as of Q2 2016, up from 122 in Q1 2016.
- Funds reported $212M of American Coastal Insurance stock for Q2 2016, down 7.9% quarter-over-quarter.
- 24 funds opened new American Coastal Insurance positions in Q2 2016 and 16 closed out, a net change of +8 holders.
- The largest American Coastal Insurance buyer in Q2 2016 was Wells Fargo, an estimated $5.8M added.
- The largest American Coastal Insurance seller in Q2 2016 was GMT Capital, an estimated $4.73M sold.
Based on aggregated 13F filings for Q2 2016.