American Coastal Insurance
ACIC
112 hedge funds and large institutions have $270M invested in American Coastal Insurance in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 45 increasing their positions, 26 reducing their positions, and 17 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 26
2.23% more ownership
Funds ownership: 37.5% → 39.73% (+2.2%)
1% more capital invested
Capital invested by funds: $268M → $270M (+$2.39M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 117 → 112 (-5)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
97% less call options, than puts
Call options by funds: $95K | Put options by funds: $3.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$4.35M |
| 2 |
IMOV
Investment Management of Virginia
Richmond,
Virginia
|
+$2.53M |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$2.22M |
| 4 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$1.84M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$1.76M |
| 2 |
IA
IndexIQ Advisors
New York
|
-$1.48M |
| 3 |
Morgan Stanley
New York
|
-$1.46M |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$875K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$650K |
ACIC Hedge Fund Activity: Q1 2019 in Review
112 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q1 2019, worth a combined $270M — up 0.89% from $268M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of ACIC and 12 opened new positions — a net loss of 5 holders — while 26 trimmed existing stakes and 45 added.
The largest buyer was Invesco, adding an estimated $4.35M. The largest seller was Philadelphia Financial Management of San Francisco, cutting an estimated $1.76M.
- 112 institutional investors held American Coastal Insurance (ACIC) as of Q1 2019, down from 117 in Q4 2018.
- Funds reported $270M of American Coastal Insurance stock for Q1 2019, up 0.89% quarter-over-quarter.
- 12 funds opened new American Coastal Insurance positions in Q1 2019 and 17 closed out, a net change of -5 holders.
- The largest American Coastal Insurance buyer in Q1 2019 was Invesco, an estimated $4.35M added.
- The largest American Coastal Insurance seller in Q1 2019 was Philadelphia Financial Management of San Francisco, an estimated $1.76M sold.
Based on aggregated 13F filings for Q1 2019.