Hagerty
HGTY
79 hedge funds and large institutions have $752M invested in Hagerty in 2024 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 18 reducing their positions, and 7 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 18
72% more call options, than puts
Call options by funds: $175K | Put options by funds: $102K
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
7% more funds holding
Funds holding: 74 → 79 (+5)
2% more capital invested
Capital invested by funds: $739M → $752M (+$12.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.65% less ownership
Funds ownership: 82.95% → 82.31% (-0.65%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Farm Mutual Automobile Insurance
Bloomington,
Illinois
|
+$19.9M |
| 2 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$3.65M |
| 3 |
Neuberger Berman Group
New York
|
+$1.41M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.02M |
| 5 |
Millennium Management
New York
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$1.07M |
| 2 |
Jane Street
New York
|
-$186K |
| 3 |
VF
Virtu Financial
New York
|
-$162K |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$122K |
| 5 |
OQS
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
|
-$110K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSB
76
Sandy Spring Bank
Olney,
Maryland
| $1.53K | – | – | – |
|
77
Wells Fargo
San Francisco,
California
| $529 | -$3.85K | -348 | -87% |
|
|
ACM
78
Aster Capital Management
Dubai,
United Arab Emirates
| $407 | +$443 | +40 | New |
|
|
FFA
79
Farther Finance Advisors
San Francisco,
California
| $10 | +$11 | +1 | New |
|
|
GCIA
80
Gabelli & Co Investment Advisers
Rye,
New York
| – | -$1.07M | -103,300 | Closed |
|
|
81
Jane Street
New York
| – | -$186K | -17,875 | Closed |
|
|
VF
82
Virtu Financial
New York
| – | -$162K | -15,534 | Closed |
|
|
OQS
83
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
| – | -$110K | -10,554 | Closed |
|
|
VAG
84
VisionPoint Advisory Group
Dallas,
Texas
| – | -$9.32K | -896 | Closed |
|
|
CFM
85
Catalyst Funds Management
Sydney NSW,
Australia
| – | -$6.24K | -600 | Closed |
|
|
CA
86
Centerpoint Advisors
Needham,
Massachusetts
| – | -$2K | -175 | Closed |
|
HGTY Hedge Fund Activity: Q3 2024 in Review
79 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Hagerty (HGTY) for Q3 2024, worth a combined $752M — up 1.7% from $739M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new HGTY positions and 7 closed out — a net gain of 5 holders — while 32 added to existing stakes and 18 trimmed.
The largest buyer was State Farm Mutual Automobile Insurance, adding an estimated $19.9M. The largest seller was Gabelli & Co Investment Advisers, exiting entirely with an estimated $1.07M sold.
- 79 institutional investors held Hagerty (HGTY) as of Q3 2024, up from 74 in Q2 2024.
- Funds reported $752M of Hagerty stock for Q3 2024, up 1.7% quarter-over-quarter.
- 12 funds opened new Hagerty positions in Q3 2024 and 7 closed out, a net change of +5 holders.
- The largest Hagerty buyer in Q3 2024 was State Farm Mutual Automobile Insurance, an estimated $19.9M added.
- The largest Hagerty seller in Q3 2024 was Gabelli & Co Investment Advisers, an estimated $1.07M sold.
Based on aggregated 13F filings for Q3 2024.