Hagerty
HGTY
58 hedge funds and large institutions have $604M invested in Hagerty in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 9 reducing their positions, and 12 closing their positions.
165% more call options, than puts
Call options by funds: $389K | Put options by funds: $147K
144% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 9
1.44% more ownership
Funds ownership: 83.62% → 85.06% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 62 → 58 (-4)
23% less capital invested
Capital invested by funds: $780M → $604M (-$177M)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$22.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.11M |
| 3 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$2.64M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.13M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$23M |
| 2 |
E
Ergoteles
New York
|
-$629K |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$370K |
| 4 |
PP
PDT Partners
New York
|
-$182K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$166K |
HGTY Hedge Fund Activity: Q3 2022 in Review
58 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Hagerty (HGTY) for Q3 2022, worth a combined $604M — down 23% from $780M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HGTY and 8 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 22 added.
The largest buyer was Polar Capital Holdings, adding an estimated $22.2M. The largest seller was Wasatch Advisors, cutting an estimated $23M.
- 58 institutional investors held Hagerty (HGTY) as of Q3 2022, down from 62 in Q2 2022.
- Funds reported $604M of Hagerty stock for Q3 2022, down 23% quarter-over-quarter.
- 8 funds opened new Hagerty positions in Q3 2022 and 12 closed out, a net change of -4 holders.
- The largest Hagerty buyer in Q3 2022 was Polar Capital Holdings, an estimated $22.2M added.
- The largest Hagerty seller in Q3 2022 was Wasatch Advisors, an estimated $23M sold.
Based on aggregated 13F filings for Q3 2022.