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
13% more capital invested
Capital invested by funds: $566M → $638M (+$71.3M)
4% more funds holding
Funds holding: 73 → 76 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.51% less ownership
Funds ownership: 85.85% → 82.33% (-3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$1.14M |
| 2 |
LC
Lincoln Capital
Lincoln,
Nebraska
|
+$768K |
| 3 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$628K |
| 4 |
Two Sigma Advisers
New York
|
+$472K |
| 5 |
Two Sigma Investments
New York
|
+$375K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$27.3M |
| 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 |
HGTY Hedge Fund Activity: Q1 2024 in Review
76 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Hagerty (HGTY) for Q1 2024, worth a combined $638M — up 13% from $566M 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 Neuberger Berman Group, cutting an estimated $27.3M.
- 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 13% 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 Neuberger Berman Group, an estimated $27.3M sold.
Based on aggregated 13F filings for Q1 2024.