American Coastal Insurance
ACIC
116 hedge funds and large institutions have $347M invested in American Coastal Insurance in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 30 reducing their positions, and 10 closing their positions.
578% more call options, than puts
Call options by funds: $122K | Put options by funds: $18K
50% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 30
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
20% more capital invested
Capital invested by funds: $290M → $347M (+$57.5M)
2% more funds holding
Funds holding: 114 → 116 (+2)
1.64% more ownership
Funds ownership: 34.59% → 36.23% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$7.21M |
| 2 |
BlackRock
New York
|
+$4.45M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.36M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.25M |
| 5 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.51M |
| 2 |
FSA
Franklin Street Advisors
Chapel Hill,
North Carolina
|
-$1.47M |
| 3 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
-$1.23M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$935K |
| 5 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$885K |
ACIC Hedge Fund Activity: Q3 2018 in Review
116 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q3 2018, worth a combined $347M — up 20% from $290M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ACIC positions and 10 closed out — a net gain of 3 holders — while 45 added to existing stakes and 30 trimmed.
The largest buyer was United Capital Financial Advisors, opening a new position worth an estimated $7.21M. The largest seller was Banc Funds Company, cutting an estimated $1.51M.
- 116 institutional investors held American Coastal Insurance (ACIC) as of Q3 2018, up from 114 in Q2 2018.
- Funds reported $347M of American Coastal Insurance stock for Q3 2018, up 20% quarter-over-quarter.
- 13 funds opened new American Coastal Insurance positions in Q3 2018 and 10 closed out, a net change of +3 holders.
- The largest American Coastal Insurance buyer in Q3 2018 was United Capital Financial Advisors, an estimated $7.21M added.
- The largest American Coastal Insurance seller in Q3 2018 was Banc Funds Company, an estimated $1.51M sold.
Based on aggregated 13F filings for Q3 2018.