AMERICAN SAFETY INSURANCE HOLDINGS, LTD
ASI
ASI was delisted on the 2nd of October, 2013.
12 hedge funds and large institutions have $14.4M invested in AMERICAN SAFETY INSURANCE HOLDINGS, LTD in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
31% more capital invested
Capital invested by funds: $11M → $14.4M (+$3.39M)
9% more funds holding
Funds holding: 11 → 12 (+1)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$4.23M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$655K |
| 3 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$283K |
| 4 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$1.46K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
-$903K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$572K |
| 3 |
GCM
Goldman Capital Management
New York
|
-$382K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$252K |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
-$83.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCL
1
Glazer Capital LLC
New York
| $4.88M | +$4.23M | +141,729 | +709% |
|
|
GLAM
2
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
| $4.44M | -$903K | -30,219 | -17% |
|
|
PPA
3
Parametric Portfolio Associates
Seattle,
Washington
| $942K | -$252K | -8,445 | -21% |
|
|
4
Ameriprise
Minneapolis,
Minnesota
| $927K | -$572K | -19,148 | -38% |
|
|
AR
5
Advisory Research
Chicago,
Illinois
| $901K | -$83.3K | -2,790 | -9% |
|
|
PAM
6
Panagora Asset Management
Boston,
Massachusetts
| $662K | +$655K | +21,936 | New |
|
|
7
RhumbLine Advisers
Boston,
Massachusetts
| $543K | +$1.46K | +49 | +0.3% |
|
8
Invesco
Atlanta,
Georgia
| $350K | -$75.6K | -2,531 | -18% |
|
|
SCM
9
Sterling Capital Management
Charlotte,
North Carolina
| $286K | +$283K | +9,482 | New |
|
|
MLICM
10
Metropolitan Life Insurance Company (MetLife)
New York
| $257K | -$9.02K | -302 | -3% |
|
|
RAM
11
Roumell Asset Management
Chevy Chase,
Maryland
| $151K | – | – | – |
|
|
HIM
12
Hillsdale Investment Management
Toronto,
Ontario, Canada
| $8K | – | – | – |
|
|
GCM
13
Goldman Capital Management
New York
| – | -$382K | -13,200 | Closed |
|
ASI Hedge Fund Activity: Q3 2013 in Review
12 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in AMERICAN SAFETY INSURANCE HOLDINGS, LTD (ASI) for Q3 2013, worth a combined $14.4M — up 31% from $11M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new ASI positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 6 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $4.23M. The largest seller was Gardner Lewis Asset Management, cutting an estimated $903K.
- 12 institutional investors held AMERICAN SAFETY INSURANCE HOLDINGS, LTD (ASI) as of Q3 2013, up from 11 in Q2 2013.
- Funds reported $14.4M of AMERICAN SAFETY INSURANCE HOLDINGS, LTD stock for Q3 2013, up 31% quarter-over-quarter.
- 2 funds opened new AMERICAN SAFETY INSURANCE HOLDINGS, LTD positions in Q3 2013 and 1 closed out, a net change of +1 holder.
- The largest AMERICAN SAFETY INSURANCE HOLDINGS, LTD buyer in Q3 2013 was Glazer Capital LLC, an estimated $4.23M added.
- The largest AMERICAN SAFETY INSURANCE HOLDINGS, LTD seller in Q3 2013 was Gardner Lewis Asset Management, an estimated $903K sold.
Based on aggregated 13F filings for Q3 2013.