HCI Group
193 hedge funds and large institutions have $859M invested in HCI Group in 2024 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 70 increasing their positions, 53 reducing their positions, and 11 closing their positions.
373% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 11
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
42% more capital invested
Capital invested by funds: $603M → $859M (+$256M)
32% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 53
27% more funds holding
Funds holding: 152 → 193 (+41)
2.17% more ownership
Funds ownership: 71.92% → 74.09% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$22.6M |
| 2 |
KCM
Khrom Capital Management
Miami Beach,
Florida
|
+$15.7M |
| 3 |
BlackRock
New York
|
+$10.3M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$6.54M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$5.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$12.4M |
| 2 |
Morgan Stanley
New York
|
-$11M |
| 3 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$10.9M |
| 4 |
Millennium Management
New York
|
-$9.15M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$5.61M |
HCI Hedge Fund Activity: Q1 2024 in Review
193 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in HCI Group (HCI) for Q1 2024, worth a combined $859M — up 42% from $603M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new HCI positions and 11 closed out — a net gain of 41 holders — while 70 added to existing stakes and 53 trimmed.
The largest buyer was Driehaus Capital Management, adding an estimated $22.6M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $12.4M sold.
- 193 institutional investors held HCI Group (HCI) as of Q1 2024, up from 152 in Q4 2023.
- Funds reported $859M of HCI Group stock for Q1 2024, up 42% quarter-over-quarter.
- 52 funds opened new HCI Group positions in Q1 2024 and 11 closed out, a net change of +41 holders.
- The largest HCI Group buyer in Q1 2024 was Driehaus Capital Management, an estimated $22.6M added.
- The largest HCI Group seller in Q1 2024 was Philadelphia Financial Management of San Francisco, an estimated $12.4M sold.
Based on aggregated 13F filings for Q1 2024.