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Hagerty
HGTY

51 hedge funds and large institutions have $719M invested in Hagerty in 2022 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 7

34% more funds holding

Funds holding: 38 → 51 (+13)

33% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 9

0.08% less ownership

Funds ownership: 80.86% → 80.78% (-0.08%)

23% less capital invested

Capital invested by funds: $938M → $719M (-$220M)

Holders
51
Holders Change
+13
Holders Change %
+34.21%
% of All Funds
0.8%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
21
Increased
12
Reduced
9
Closed
7
Calls
$122K
Puts
–
Net Calls
+$122K
Net Calls Change
+$122K

Top Buyers

Rank Fund Capital Flow
1
FAM
Fenimore Asset Management
New York
+$7.92M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$5.1M
3
BlackRock
BlackRock
New York
+$4.76M
4
Geode Capital Management
Geode Capital Management
Massachusetts
+$3.32M
5
WA
Wasatch Advisors
Utah
+$3.22M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$21.5M
2
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$12.1M
3
FCM
FJ Capital Management
Virginia
-$2.03M
4
AA
AQR Arbitrage
Connecticut
-$897K
5
NA
NewEdge Advisors
Louisiana
-$229K
Name Holding Trade Value Shares
Change 		Change in
Stake
State Farm Mutual Automobile Insurance
1
State Farm Mutual Automobile Insurance
Illinois
$540M – – –
WA
2
Wasatch Advisors
Utah
$75.8M +$3.22M +224,842 +3%
MG
3
Markel Group
Virginia
$32.4M – – –
GIM
4
Granahan Investment Management
Massachusetts
$13.9M +$201K +14,033 +1%
Vanguard Group
5
Vanguard Group
Pennsylvania
$13.6M +$5.1M +356,937 +39%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$12.4M -$12.1M -848,425 -42%
FAM
7
Fenimore Asset Management
New York
$5.97M +$7.92M +553,570 New
RA
8
Royce & Associates
New York
$4.86M +$2.15M +150,000 +50%
BlackRock
9
BlackRock
New York
$3.59M +$4.76M +333,093 New
Geode Capital Management
10
Geode Capital Management
Massachusetts
$2.51M +$3.32M +232,286 New
SEI Investments
11
SEI Investments
Pennsylvania
$2.02M +$681K +47,619 +34%
FCM
12
FJ Capital Management
Virginia
$1.71M -$2.03M -141,712 -47%
Charles Schwab
13
Charles Schwab
California
$1.48M +$1.96M +137,303 New
Morgan Stanley
14
Morgan Stanley
New York
$1.33M +$1.1M +76,968 +165%
RAM
15
Redmond Asset Management
Virginia
$961K +$45.3K +3,171 +4%
State Street
16
State Street
Massachusetts
$912K +$1.21M +84,509 New
UBS Group
17
UBS Group
Switzerland
$798K +$1.06M +73,942 New
HF
18
HRT Financial
New York
$676K +$897K +62,704 New
1CP
19
17 Capital Partners
Arizona
$540K +$715K +50,000 New
Northern Trust
20
Northern Trust
Illinois
$509K +$674K +47,141 New
OAM
21
Oppenheimer Asset Management
New York
$488K +$166K +11,603 +35%
CSS
22
Cubist Systematic Strategies
Connecticut
$424K +$562K +39,300 New
BMSSC
23
B. Metzler seel. Sohn & Co
Germany
$390K +$131K +9,176 +34%
OQS
24
Occudo Quantitative Strategies
Florida
$337K +$447K +31,276 New
SSA
25
Schonfeld Strategic Advisors
New York
$229K +$303K +21,200 New
1
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HGTY Hedge Fund Activity: Q1 2022 in Review

51 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Hagerty (HGTY) for Q1 2022, worth a combined $719M — down 23% from $938M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new HGTY positions and 7 closed out — a net gain of 14 holders — while 12 added to existing stakes and 9 trimmed.

The largest buyer was Fenimore Asset Management, opening a new position worth an estimated $7.92M. The largest seller was Bank of America, cutting an estimated $21.5M.

  • 51 institutional investors held Hagerty (HGTY) as of Q1 2022, up from 38 in Q4 2021.
  • Funds reported $719M of Hagerty stock for Q1 2022, down 23% quarter-over-quarter.
  • 21 funds opened new Hagerty positions in Q1 2022 and 7 closed out, a net change of +14 holders.
  • The largest Hagerty buyer in Q1 2022 was Fenimore Asset Management, an estimated $7.92M added.
  • The largest Hagerty seller in Q1 2022 was Bank of America, an estimated $21.5M sold.

Based on aggregated 13F filings for Q1 2022.