American Coastal Insurance
ACIC
124 hedge funds and large institutions have $228M invested in American Coastal Insurance in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 45 increasing their positions, 33 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
36% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 33
7% more funds holding
Funds holding: 116 → 124 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $239M → $228M (-$11.2M)
1.16% less ownership
Funds ownership: 38.54% → 37.38% (-1.2%)
99% less call options, than puts
Call options by funds: $10K | Put options by funds: $1.06M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.22M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$1.74M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.64M |
| 4 |
Goldman Sachs
New York
|
+$1.11M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$857K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$12.8M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$2.02M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.32M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.09M |
| 5 |
FSA
Franklin Street Advisors
Chapel Hill,
North Carolina
|
-$836K |
ACIC Hedge Fund Activity: Q3 2019 in Review
124 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q3 2019, worth a combined $228M — down 4.7% from $239M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ACIC positions and 10 closed out — a net gain of 8 holders — while 45 added to existing stakes and 33 trimmed.
The largest buyer was Millennium Management, adding an estimated $3.22M. The largest seller was Invesco, cutting an estimated $12.8M.
- 124 institutional investors held American Coastal Insurance (ACIC) as of Q3 2019, up from 116 in Q2 2019.
- Funds reported $228M of American Coastal Insurance stock for Q3 2019, down 4.7% quarter-over-quarter.
- 18 funds opened new American Coastal Insurance positions in Q3 2019 and 10 closed out, a net change of +8 holders.
- The largest American Coastal Insurance buyer in Q3 2019 was Millennium Management, an estimated $3.22M added.
- The largest American Coastal Insurance seller in Q3 2019 was Invesco, an estimated $12.8M sold.
Based on aggregated 13F filings for Q3 2019.