Hagerty, Inc. Warrants, each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share
HGTY.WS
HGTY.WS was delisted on the 19th of July, 2024.
9 hedge funds and large institutions have $7.24M invested in Hagerty, Inc. Warrants, each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
17% more capital invested
Capital invested by funds: $6.17M → $7.24M (+$1.07M)
13% more funds holding
Funds holding: 8 → 9 (+1)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$264K |
| 2 |
LC
Lincoln Capital
Lincoln,
Nebraska
|
+$245K |
| 3 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$153K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$51.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
-$361K |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$131K |
| 3 |
Morgan Stanley
New York
|
-$19.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRIM
1
Greenhaven Road Investment Management
Greenwich,
Connecticut
| $3.02M | +$153K | +79,592 | +5% |
|
|
AC
2
Aristeia Capital
Greenwich,
Connecticut
| $2.04M | – | – | – |
|
|
MG
3
Markel Group
Glen Allen,
Virginia
| $1.05M | – | – | – |
|
|
ICM
4
Ionic Capital Management
New York
| $462K | -$361K | -188,178 | -44% |
|
|
CAC
5
Cowen and Company
New York
| $268K | +$264K | +137,472 | New |
|
|
LC
6
Lincoln Capital
Lincoln,
Nebraska
| $249K | +$245K | +127,820 | New |
|
|
WAM
7
Wolverine Asset Management
Chicago,
Illinois
| $91K | +$51.5K | +26,838 | +135% |
|
|
1CP
8
17 Capital Partners
Pheonix,
Arizona
| $48.8K | – | – | – |
|
|
9
Morgan Stanley
New York
| $19.5K | -$19.2K | -10,000 | -50% |
|
|
10
Verition Fund Management
Greenwich,
Connecticut
| – | -$131K | -79,579 | Closed |
|
HGTY.WS Hedge Fund Activity: Q1 2024 in Review
9 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Hagerty, Inc. Warrants, each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share (HGTY.WS) for Q1 2024, worth a combined $7.24M — up 17% from $6.17M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new HGTY.WS positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 2 trimmed.
The largest buyer was Cowen and Company, opening a new position worth an estimated $264K. The largest seller was Ionic Capital Management, cutting an estimated $361K.
- 9 institutional investors held Hagerty, Inc. Warrants, each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share (HGTY.WS) as of Q1 2024, up from 8 in Q4 2023.
- Funds reported $7.24M of Hagerty, Inc. Warrants, each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share stock for Q1 2024, up 17% quarter-over-quarter.
- 2 funds opened new Hagerty, Inc. Warrants, each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share positions in Q1 2024 and 1 closed out, a net change of +1 holder.
- The largest Hagerty, Inc. Warrants, each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share buyer in Q1 2024 was Cowen and Company, an estimated $264K added.
- The largest Hagerty, Inc. Warrants, each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share seller in Q1 2024 was Ionic Capital Management, an estimated $361K sold.
Based on aggregated 13F filings for Q1 2024.