Heritage Insurance Holdings
HRTG
116 hedge funds and large institutions have $342M invested in Heritage Insurance Holdings in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 45 reducing their positions, and 15 closing their positions.
240% more call options, than puts
Call options by funds: $639K | Put options by funds: $188K
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
7% more capital invested
Capital invested by funds: $321M → $342M (+$20.9M)
1% more funds holding
Funds holding: 115 → 116 (+1)
2.5% less ownership
Funds ownership: 79.69% → 77.19% (-2.5%)
13% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 45
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$10.9M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$4.16M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$3.04M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$2.92M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PBRA
Pine Brook Road Advisors
Bedford,
New York
|
-$7.46M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$5.99M |
| 3 |
SFM
Soros Fund Management
New York
|
-$5.63M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$4.63M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$3.86M |
HRTG Hedge Fund Activity: Q2 2018 in Review
116 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Heritage Insurance Holdings (HRTG) for Q2 2018, worth a combined $342M — up 6.5% from $321M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new HRTG positions and 15 closed out — a net gain of 2 holders — while 39 added to existing stakes and 45 trimmed.
The largest buyer was Mesirow Financial Investment Management - Fixed Income, opening a new position worth an estimated $10.9M. The largest seller was Pine Brook Road Advisors, exiting entirely with an estimated $7.46M sold.
- 116 institutional investors held Heritage Insurance Holdings (HRTG) as of Q2 2018, up from 115 in Q1 2018.
- Funds reported $342M of Heritage Insurance Holdings stock for Q2 2018, up 6.5% quarter-over-quarter.
- 17 funds opened new Heritage Insurance Holdings positions in Q2 2018 and 15 closed out, a net change of +2 holders.
- The largest Heritage Insurance Holdings buyer in Q2 2018 was Mesirow Financial Investment Management - Fixed Income, an estimated $10.9M added.
- The largest Heritage Insurance Holdings seller in Q2 2018 was Pine Brook Road Advisors, an estimated $7.46M sold.
Based on aggregated 13F filings for Q2 2018.