Hagerty
HGTY
76 hedge funds and large institutions have $638M invested in Hagerty in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 8 closing their positions.
6,600% more call options, than puts
Call options by funds: $67K | Put options by funds: $1K
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
18% more capital invested
Capital invested by funds: $541M → $638M (+$96.6M)
4% more funds holding
Funds holding: 73 → 76 (+3)
0.32% more ownership
Funds ownership: 82.01% → 82.33% (+0.32%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$1.14M |
| 2 |
Neuberger Berman Group
New York
|
+$953K |
| 3 |
LC
Lincoln Capital
Lincoln,
Nebraska
|
+$768K |
| 4 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$628K |
| 5 |
Two Sigma Advisers
New York
|
+$472K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$986K |
| 2 |
Millennium Management
New York
|
-$291K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$259K |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$245K |
| 5 |
Squarepoint
New York
|
-$193K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
76
Grand Wealth Management
Grand Rapids,
Michigan
| – | -$189K | -24,234 | Closed |
|
|
CSS
77
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$145K | -18,551 | Closed |
|
78
Bank of New York Mellon
New York
| – | -$124K | -15,839 | Closed |
|
|
CC
79
Corton Capital
Carrying Place,
Ontario, Canada
| – | -$115K | -14,701 | Closed |
|
|
BTI
80
Blue Trust Inc
Alpharetta,
Georgia
| – | -$57K | -6,978 | Closed |
|
81
RhumbLine Advisers
Boston,
Massachusetts
| – | -$25.7K | -3,299 | Closed |
|
|
ASN
82
Advisory Services Network
Atlanta,
Georgia
| – | -$20.9K | -2,674 | Closed |
|
|
EC
83
EntryPoint Capital
New York
| – | -$133 | -17 | Closed |
|
|
CAL
84
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$142 | +17 | New |
|
HGTY Hedge Fund Activity: Q1 2024 in Review
76 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Hagerty (HGTY) for Q1 2024, worth a combined $638M — up 18% from $541M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new HGTY positions and 8 closed out — a net gain of 3 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was Greenhaven Road Investment Management, adding an estimated $1.14M. The largest seller was Morgan Stanley, cutting an estimated $986K.
- 76 institutional investors held Hagerty (HGTY) as of Q1 2024, up from 73 in Q4 2023.
- Funds reported $638M of Hagerty stock for Q1 2024, up 18% quarter-over-quarter.
- 11 funds opened new Hagerty positions in Q1 2024 and 8 closed out, a net change of +3 holders.
- The largest Hagerty buyer in Q1 2024 was Greenhaven Road Investment Management, an estimated $1.14M added.
- The largest Hagerty seller in Q1 2024 was Morgan Stanley, an estimated $986K sold.
Based on aggregated 13F filings for Q1 2024.