Hagerty
HGTY
73 hedge funds and large institutions have $541M invested in Hagerty in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 16 reducing their positions, and 13 closing their positions.
10,600% more call options, than puts
Call options by funds: $107K | Put options by funds: $1K
81% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 16
0.49% less ownership
Funds ownership: 82.5% → 82.01% (-0.49%)
4% less capital invested
Capital invested by funds: $561M → $541M (-$20M)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1% less funds holding
Funds holding: 74 → 73 (-1)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$2.8M |
| 2 |
Morgan Stanley
New York
|
+$1.73M |
| 3 |
Millennium Management
New York
|
+$687K |
| 4 |
LC
Lincoln Capital
Lincoln,
Nebraska
|
+$409K |
| 5 |
Two Sigma Investments
New York
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCAU
Working Capital Advisors (UK)
London,
United Kingdom
|
-$8.05M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$752K |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$310K |
| 4 |
Neuberger Berman Group
New York
|
-$217K |
| 5 |
Squarepoint
New York
|
-$212K |
HGTY Hedge Fund Activity: Q4 2023 in Review
73 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Hagerty (HGTY) for Q4 2023, worth a combined $541M — down 3.6% from $561M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of HGTY and 12 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 29 added.
The largest buyer was Polar Capital Holdings, adding an estimated $2.8M. The largest seller was Working Capital Advisors (UK), exiting entirely with an estimated $8.05M sold.
- 73 institutional investors held Hagerty (HGTY) as of Q4 2023, down from 74 in Q3 2023.
- Funds reported $541M of Hagerty stock for Q4 2023, down 3.6% quarter-over-quarter.
- 12 funds opened new Hagerty positions in Q4 2023 and 13 closed out, a net change of -1 holder.
- The largest Hagerty buyer in Q4 2023 was Polar Capital Holdings, an estimated $2.8M added.
- The largest Hagerty seller in Q4 2023 was Working Capital Advisors (UK), an estimated $8.05M sold.
Based on aggregated 13F filings for Q4 2023.