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Hagerty

88 hedge funds and large institutions have $685M invested in Hagerty in 2025 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 26 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,196% more call options, than puts

Call options by funds: $643K | Put options by funds: $28K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

0.7% more ownership

Funds ownership: 83.52%84.22% (+0.7%)

4% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 26

2% less funds holding

Funds holding: 9088 (-2)

6% less capital invested

Capital invested by funds: $726M → $685M (-$40.4M)

18% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 11

Holders
88
Holders Change
-2
Holders Change %
-2.22%
% of All Funds
1.18%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
9
Increased
25
Reduced
26
Closed
11
Calls
$643K
Puts
$28K
Net Calls
+$615K
Net Calls Change
-$74K
Name Holding Trade Value Shares
Change
Change in
Stake
State Farm Mutual Automobile Insurance
1
State Farm Mutual Automobile Insurance
Illinois
$468M
Neuberger Berman Group
2
Neuberger Berman Group
New York
$49.4M +$7.21M +743,597 +16%
PCH
3
Polar Capital Holdings
United Kingdom
$45.2M
MG
4
Markel Group
Virginia
$28.1M
Vanguard Group
5
Vanguard Group
Pennsylvania
$23.8M -$292K -30,075 -1%
GRIM
6
Greenhaven Road Investment Management
Connecticut
$12.3M +$1.21M +124,336 +10%
PM
7
Pembroke Management
Quebec, Canada
$8.48M -$152K -15,727 -2%
LC
8
Lincoln Capital
Nebraska
$4.75M +$589K +60,791 +12%
RA
9
Royce & Associates
New York
$4.75M
FAM
10
Fenimore Asset Management
New York
$4.51M -$4.38M -451,536 -48%
BlackRock
11
BlackRock
New York
$4.26M +$104K +10,759 +2%
GAMC
12
Garner Asset Management Corp
Texas
$2.91M +$3.12M +321,825 New
CIM
13
Confluence Investment Management
Missouri
$2.86M -$201K -20,731 -6%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$2.26M +$83.7K +8,630 +4%
Renaissance Technologies
15
Renaissance Technologies
New York
$1.34M -$438K -45,128 -23%
Connor, Clark & Lunn Investment Management (CC&L)
16
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.29M +$54.9K +5,667 +4%
State Street
17
State Street
Massachusetts
$1.25M +$4.07K +420 +0.3%
Charles Schwab
18
Charles Schwab
California
$1.23M -$42.4K -4,377 -3%
Two Sigma Advisers
19
Two Sigma Advisers
New York
$1.22M -$11.6K -1,200 -0.9%
Citadel Advisors
20
Citadel Advisors
Florida
$1.08M +$609K +62,792 +111%
LPL Financial
21
LPL Financial
California
$1.05M +$5.04K +520 +0.5%
GC
22
Garde Capital
Washington
$940K
GCIA
23
Gabelli & Co Investment Advisers
New York
$934K
UBS Group
24
UBS Group
Switzerland
$911K +$150K +15,428 +18%
Two Sigma Investments
25
Two Sigma Investments
New York
$878K -$197K -20,329 -17%

HGTY Hedge Fund Activity: Q1 2025 in Review

88 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Hagerty (HGTY) for Q1 2025, worth a combined $685M — down 5.6% from $726M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of HGTY and 9 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 25 added.

The largest buyer was Neuberger Berman Group, adding an estimated $7.21M. The largest seller was Fenimore Asset Management, cutting an estimated $4.38M.

  • 88 institutional investors held Hagerty (HGTY) as of Q1 2025, down from 90 in Q4 2024.
  • Funds reported $685M of Hagerty stock for Q1 2025, down 5.6% quarter-over-quarter.
  • 9 funds opened new Hagerty positions in Q1 2025 and 11 closed out, a net change of -2 holders.
  • The largest Hagerty buyer in Q1 2025 was Neuberger Berman Group, an estimated $7.21M added.
  • The largest Hagerty seller in Q1 2025 was Fenimore Asset Management, an estimated $4.38M sold.

Based on aggregated 13F filings for Q1 2025.