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American Coastal Insurance

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.

New
Increased
Maintained
Reduced
Closed

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: 122130 (+8)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less capital invested

Capital invested by funds: $224M → $212M (-$11.8M)

Holders
130
Holders Change
+8
Holders Change %
+6.56%
% of All Funds
3.47%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
24
Increased
45
Reduced
32
Closed
16
Calls
$212K
Puts
Net Calls
+$212K
Net Calls Change
+$423K
Name Holding Trade Value Shares
Change
Change in
Stake
BFA
1
BlackRock Fund Advisors
California
$19.6M +$827K +48,541 +4%
Allianz Asset Management
2
Allianz Asset Management
Germany
$17.8M -$7.15K -420 -0%
GC
3
GMT Capital
Georgia
$14M -$4.73M -277,700 -25%
Vanguard Group
4
Vanguard Group
Pennsylvania
$12.8M +$908K +53,301 +7%
SWA
5
Sutton Wealth Advisors
Florida
$11.5M +$271K +15,890 +2%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$10.2M +$2.61M +153,072 +33%
WC
7
Weatherbie Capital
Massachusetts
$8.36M +$5.26M +309,021 +153%
State of Wisconsin Investment Board
8
State of Wisconsin Investment Board
Wisconsin
$7.53M +$774K +45,415 +11%
BIT
9
BlackRock Institutional Trust
California
$6.94M +$225K +13,229 +3%
Prudential Financial
10
Prudential Financial
New Jersey
$6.36M -$1.05M -61,426 -14%
Wells Fargo
11
Wells Fargo
California
$6.09M +$5.8M +340,611 +1,090%
PCM
12
Perritt Capital Management
Illinois
$5.87M -$198K -11,600 -3%
Morgan Stanley
13
Morgan Stanley
New York
$5.26M -$205K -12,044 -4%
State Street
14
State Street
Massachusetts
$4.78M +$145K +8,542 +3%
PI
15
Putnam Investments
Massachusetts
$4.64M +$1.44M +84,604 +43%
Schroder Investment Management Group
16
Schroder Investment Management Group
United Kingdom
$4.61M +$1.79M +104,811 +59%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$4.17M -$367K -21,545 -8%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$3.45M +$440K +25,851 +14%
Northern Trust
19
Northern Trust
Illinois
$3.23M +$376K +22,073 +13%
BFC
20
Banc Funds Company
Illinois
$3.17M
FP
21
Foundry Partners
Minnesota
$2.67M +$7.67K +450 +0.3%
RJA
22
Raymond James & Associates
Florida
$2.58M -$601K -35,270 -18%
Ameriprise
23
Ameriprise
Minnesota
$2.27M +$965K +56,634 +69%
TCIM
24
TIAA CREF Investment Management
New York
$2.19M -$129K -7,574 -5%
Principal Financial Group
25
Principal Financial Group
Iowa
$2.07M +$64.9K +3,813 +3%

ACIC Hedge Fund Activity: Q2 2016 in Review

130 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q2 2016, worth a combined $212M — down 5.3% from $224M 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 5.3% 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.