HCI Group
192 hedge funds and large institutions have $858M invested in HCI Group in 2024 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 71 increasing their positions, 51 reducing their positions, and 12 closing their positions.
333% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 12
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
45% more capital invested
Capital invested by funds: $591M → $858M (+$267M)
39% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 51
26% more funds holding
Funds holding: 152 → 192 (+40)
3.51% more ownership
Funds ownership: 70.56% → 74.07% (+3.5%)
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 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$10.9M |
| 3 |
Millennium Management
New York
|
-$9.15M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$5.61M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$4.83M |
HCI Hedge Fund Activity: Q1 2024 in Review
192 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in HCI Group (HCI) for Q1 2024, worth a combined $858M — up 45% from $591M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new HCI positions and 12 closed out — a net gain of 40 holders — while 71 added to existing stakes and 51 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.
- 192 institutional investors held HCI Group (HCI) as of Q1 2024, up from 152 in Q4 2023.
- Funds reported $858M of HCI Group stock for Q1 2024, up 45% quarter-over-quarter.
- 52 funds opened new HCI Group positions in Q1 2024 and 12 closed out, a net change of +40 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.