American Coastal Insurance
ACIC
99 hedge funds and large institutions have $119M invested in American Coastal Insurance in 2020 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 24 reducing their positions, and 22 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 24
40% more call options, than puts
Call options by funds: $49K | Put options by funds: $35K
0.12% more ownership
Funds ownership: 35.23% → 35.35% (+0.12%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 106 → 99 (-7)
16% less capital invested
Capital invested by funds: $142M → $119M (-$23.1M)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$2.35M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$935K |
| 3 |
Renaissance Technologies
New York
|
+$890K |
| 4 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$739K |
| 5 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.35M |
| 2 |
ARMC
American Research & Management Company
Marion,
Massachusetts
|
-$2.22M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.37M |
| 4 |
BlackRock
New York
|
-$773K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$237K |
ACIC Hedge Fund Activity: Q2 2020 in Review
99 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q2 2020, worth a combined $119M — down 16% from $142M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of ACIC and 15 opened new positions — a net loss of 7 holders — while 24 trimmed existing stakes and 40 added.
The largest buyer was JP Morgan Chase, adding an estimated $2.35M. The largest seller was Credit Suisse, cutting an estimated $3.35M.
- 99 institutional investors held American Coastal Insurance (ACIC) as of Q2 2020, down from 106 in Q1 2020.
- Funds reported $119M of American Coastal Insurance stock for Q2 2020, down 16% quarter-over-quarter.
- 15 funds opened new American Coastal Insurance positions in Q2 2020 and 22 closed out, a net change of -7 holders.
- The largest American Coastal Insurance buyer in Q2 2020 was JP Morgan Chase, an estimated $2.35M added.
- The largest American Coastal Insurance seller in Q2 2020 was Credit Suisse, an estimated $3.35M sold.
Based on aggregated 13F filings for Q2 2020.