HCI Group
120 hedge funds and large institutions have $307M invested in HCI Group in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 33 increasing their positions, 47 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
52% more call options, than puts
Call options by funds: $172K | Put options by funds: $113K
38% more capital invested
Capital invested by funds: $223M → $307M (+$84.4M)
7% more funds holding
Funds holding: 112 → 120 (+8)
1.74% less ownership
Funds ownership: 68.37% → 66.63% (-1.7%)
30% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$17.3M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$8.02M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$6.84M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$5.28M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$30.2M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$6.32M |
| 3 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$5.53M |
| 4 |
BlackRock
New York
|
-$3.91M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Mercer Global Advisors
Denver,
Colorado
| – | -$384K | -9,710 | Closed |
|
|
SSA
127
Schonfeld Strategic Advisors
New York
| – | -$376K | -9,500 | Closed |
|
|
CS
128
Comerica Securities
Detroit,
Michigan
| – | -$1.03K | -26 | Closed |
|
|
C
129
Covestor
London,
United Kingdom
| – | -$151 | -3 | Closed |
|
|
BTI
130
Blue Trust Inc
Alpharetta,
Georgia
| – | +$603 | +12 | New |
|
HCI Hedge Fund Activity: Q1 2023 in Review
120 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in HCI Group (HCI) for Q1 2023, worth a combined $307M — up 38% from $223M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new HCI positions and 12 closed out — a net gain of 8 holders — while 33 added to existing stakes and 47 trimmed.
The largest buyer was Park West Asset Management, adding an estimated $17.3M. The largest seller was Goldman Sachs, cutting an estimated $30.2M.
- 120 institutional investors held HCI Group (HCI) as of Q1 2023, up from 112 in Q4 2022.
- Funds reported $307M of HCI Group stock for Q1 2023, up 38% quarter-over-quarter.
- 20 funds opened new HCI Group positions in Q1 2023 and 12 closed out, a net change of +8 holders.
- The largest HCI Group buyer in Q1 2023 was Park West Asset Management, an estimated $17.3M added.
- The largest HCI Group seller in Q1 2023 was Goldman Sachs, an estimated $30.2M sold.
Based on aggregated 13F filings for Q1 2023.