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Hagerty

62 hedge funds and large institutions have $780M invested in Hagerty in 2022 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 21 increasing their positions, 7 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 7

138% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 8

22% more funds holding

Funds holding: 5162 (+11)

9% more capital invested

Capital invested by funds: $719M → $780M (+$61.7M)

2.84% more ownership

Funds ownership: 80.78%83.62% (+2.8%)

50% less call options, than puts

Call options by funds: $228K | Put options by funds: $454K

Holders
62
Holders Change
+11
Holders Change %
+21.57%
% of All Funds
1.04%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
19
Increased
21
Reduced
7
Closed
8
Calls
$228K
Puts
$454K
Net Calls
-$226K
Net Calls Change
-$348K
Name Holding Trade Value Shares
Change
Change in
Stake
State Farm Mutual Automobile Insurance
1
State Farm Mutual Automobile Insurance
Illinois
$575M
WA
2
Wasatch Advisors
Utah
$92.2M +$10.2M +1,002,833 +14%
MG
3
Markel Group
Virginia
$34.5M
GIM
4
Granahan Investment Management
Massachusetts
$16.3M +$1.36M +133,917 +10%
Vanguard Group
5
Vanguard Group
Pennsylvania
$15.6M +$970K +95,821 +8%
FAM
6
Fenimore Asset Management
New York
$9.03M +$2.35M +232,273 +42%
GRIM
7
Greenhaven Road Investment Management
Connecticut
$7.43M +$6.55M +646,690 New
BlackRock
8
BlackRock
New York
$5.61M +$1.57M +155,436 +47%
RA
9
Royce & Associates
New York
$5.17M
Geode Capital Management
10
Geode Capital Management
Massachusetts
$2.75M +$71.5K +7,061 +3%
SEI Investments
11
SEI Investments
Pennsylvania
$2.15M
CWM
12
Cabot Wealth Management
Massachusetts
$2.05M +$1.81M +178,719 New
Charles Schwab
13
Charles Schwab
California
$1.52M -$46.5K -4,592 -3%
Morgan Stanley
14
Morgan Stanley
New York
$1.29M -$110K -10,870 -9%
State Street
15
State Street
Massachusetts
$1.19M +$192K +18,915 +22%
RAM
16
Redmond Asset Management
Virginia
$1.03M +$3.95K +390 +0.4%
Northern Trust
17
Northern Trust
Illinois
$701K +$141K +13,917 +30%
UBS Group
18
UBS Group
Switzerland
$669K -$160K -15,788 -21%
Swiss National Bank
19
Swiss National Bank
Switzerland
$669K +$589K +58,200 New
E
20
Ergoteles
New York
$629K +$554K +54,722 New
1CP
21
17 Capital Partners
Arizona
$575K
LC
22
Lincoln Capital
Nebraska
$540K +$476K +47,033 New
OAM
23
Oppenheimer Asset Management
New York
$520K +$192 +19 +0%
BMSSC
24
B. Metzler seel. Sohn & Co
Germany
$415K
OQS
25
Occudo Quantitative Strategies
Florida
$285K -$65.7K -6,492 -21%

HGTY Hedge Fund Activity: Q2 2022 in Review

62 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Hagerty (HGTY) for Q2 2022, worth a combined $780M — up 8.6% from $719M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new HGTY positions and 8 closed out — a net gain of 11 holders — while 21 added to existing stakes and 7 trimmed.

The largest buyer was Polar Capital Holdings, opening a new position worth an estimated $10.5M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $12.4M sold.

  • 62 institutional investors held Hagerty (HGTY) as of Q2 2022, up from 51 in Q1 2022.
  • Funds reported $780M of Hagerty stock for Q2 2022, up 8.6% quarter-over-quarter.
  • 19 funds opened new Hagerty positions in Q2 2022 and 8 closed out, a net change of +11 holders.
  • The largest Hagerty buyer in Q2 2022 was Polar Capital Holdings, an estimated $10.5M added.
  • The largest Hagerty seller in Q2 2022 was T. Rowe Price Associates, an estimated $12.4M sold.

Based on aggregated 13F filings for Q2 2022.