International General Insurance
IGIC
30 hedge funds and large institutions have $97.5M invested in International General Insurance in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 2 closing their positions.
801% more call options, than puts
Call options by funds: $739K | Put options by funds: $82K
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
10% more capital invested
Capital invested by funds: $88.6M → $97.5M (+$8.91M)
3% more funds holding
Funds holding: 29 → 30 (+1)
1.48% more ownership
Funds ownership: 24.97% → 26.45% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$3.48M |
| 2 |
RA
Royce & Associates
New York
|
+$1.56M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$665K |
| 4 |
SC
Shay Capital
New York
|
+$627K |
| 5 |
Millennium Management
New York
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$1.16M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$193K |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$191K |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$65.6K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$29.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $29.3K | -$6.62K | -800 | -18% |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $22.1K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $16.9K | -$11.8K | -1,423 | -41% |
|
29
BlackRock
New York
| $13.4K | – | – | – |
|
|
PA
30
Parallel Advisors
San Francisco,
California
| $11.1K | +$11.1K | +1,336 | New |
|
|
31
Verition Fund Management
Greenwich,
Connecticut
| – | -$193K | -24,101 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$9K | -1,074 | Closed |
|
IGIC Hedge Fund Activity: Q1 2023 in Review
30 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q1 2023, worth a combined $97.5M — up 10% from $88.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new IGIC positions and 2 closed out — a net gain of 2 holders — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Heartland Advisors, adding an estimated $3.48M. The largest seller was Weiss Multi-Strategy Advisers, cutting an estimated $1.16M.
- 30 institutional investors held International General Insurance (IGIC) as of Q1 2023, up from 29 in Q4 2022.
- Funds reported $97.5M of International General Insurance stock for Q1 2023, up 10% quarter-over-quarter.
- 4 funds opened new International General Insurance positions in Q1 2023 and 2 closed out, a net change of +2 holders.
- The largest International General Insurance buyer in Q1 2023 was Heartland Advisors, an estimated $3.48M added.
- The largest International General Insurance seller in Q1 2023 was Weiss Multi-Strategy Advisers, an estimated $1.16M sold.
Based on aggregated 13F filings for Q1 2023.