American Coastal Insurance
ACIC
118 hedge funds and large institutions have $271M invested in American Coastal Insurance in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 44 increasing their positions, 36 reducing their positions, and 9 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 36
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
9% more capital invested
Capital invested by funds: $249M → $271M (+$21.7M)
1% more funds holding
Funds holding: 117 → 118 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.71% less ownership
Funds ownership: 33.8% → 33.09% (-0.71%)
80% less call options, than puts
Call options by funds: $207K | Put options by funds: $1.02M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$5.39M |
| 2 |
Millennium Management
New York
|
+$2.82M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.69M |
| 4 |
VRS
Virginia Retirement Systems
Richmond,
Virginia
|
+$915K |
| 5 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$868K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$12.6M |
| 2 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
-$6.13M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$3.22M |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$995K |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$863K |
ACIC Hedge Fund Activity: Q1 2018 in Review
118 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q1 2018, worth a combined $271M — up 8.7% from $249M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ACIC positions and 9 closed out — a net gain of 1 holder — while 44 added to existing stakes and 36 trimmed.
The largest buyer was Franklin Resources, adding an estimated $5.39M. The largest seller was Philadelphia Financial Management of San Francisco, cutting an estimated $12.6M.
- 118 institutional investors held American Coastal Insurance (ACIC) as of Q1 2018, up from 117 in Q4 2017.
- Funds reported $271M of American Coastal Insurance stock for Q1 2018, up 8.7% quarter-over-quarter.
- 10 funds opened new American Coastal Insurance positions in Q1 2018 and 9 closed out, a net change of +1 holder.
- The largest American Coastal Insurance buyer in Q1 2018 was Franklin Resources, an estimated $5.39M added.
- The largest American Coastal Insurance seller in Q1 2018 was Philadelphia Financial Management of San Francisco, an estimated $12.6M sold.
Based on aggregated 13F filings for Q1 2018.