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International General Insurance

40 hedge funds and large institutions have $144M invested in International General Insurance in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

648% more call options, than puts

Call options by funds: $1.3M | Put options by funds: $174K

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

6% more capital invested

Capital invested by funds: $135M → $144M (+$8.68M)

3% more funds holding

Funds holding: 3940 (+1)

1.87% less ownership

Funds ownership: 27.46%25.59% (-1.9%)

19% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 16

Holders
40
Holders Change
+1
Holders Change %
+2.56%
% of All Funds
0.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
13
Reduced
16
Closed
7
Calls
$1.3M
Puts
$174K
Net Calls
+$1.13M
Net Calls Change
+$1.33M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
26
Millennium Management
New York
$460K -$269K -23,190 -39%
PI
27
PEAK6 Investments
Illinois
$384K +$294K +25,330 +561%
Envestnet Asset Management
28
Envestnet Asset Management
Illinois
$354K +$29.1K +2,510 +10%
Geode Capital Management
29
Geode Capital Management
Massachusetts
$315K
Susquehanna International Group
30
Susquehanna International Group
Pennsylvania
$273K +$246K +21,223 New
Verition Fund Management
31
Verition Fund Management
Connecticut
$258K -$240K -20,630 -51%
UBS Group
32
UBS Group
Switzerland
$160K +$144K +12,397 New
Osaic Holdings
33
Osaic Holdings
Arizona
$110K +$3.22K +277 +3%
Lazard Asset Management
34
Lazard Asset Management
New York
$83K +$441 +38 +0.6%
Qube Research & Technologies (QRT)
35
Qube Research & Technologies (QRT)
United Kingdom
$79K +$71.2K +6,132 New
NA
36
NewEdge Advisors
Louisiana
$25.8K -$140K -12,023 -86%
BlackRock
37
BlackRock
New York
$20.8K
Simplex Trading
38
Simplex Trading
Illinois
$8K +$2.8K +241 +54%
MCM
39
MidAtlantic Capital Management
Virginia
$5.8K +$5.22K +450 New
Bank of America
40
Bank of America
North Carolina
$3.03K +$2.73K +235 New
TI
41
Trexquant Investment
Connecticut
-$179K -15,887 Closed
JF
42
Jump Financial
Illinois
-$142K -12,601 Closed
OQS
43
Occudo Quantitative Strategies
Florida
-$128K -11,384 Closed
CSS
44
Cubist Systematic Strategies
Connecticut
-$126K -11,135 Closed
Goldman Sachs
45
Goldman Sachs
New York
-$114K -10,098 Closed
Group One Trading
46
Group One Trading
Illinois
-$2.32K -200 Closed
VWM
47
Venturi Wealth Management
Texas
-$1.25K -111 Closed

IGIC Hedge Fund Activity: Q4 2023 in Review

40 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q4 2023, worth a combined $144M — up 6.4% from $135M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new IGIC positions and 7 closed out — a net gain of 1 holder — while 13 added to existing stakes and 16 trimmed.

The largest buyer was New Vernon Investment Management, opening a new position worth an estimated $1.31M. The largest seller was Royce & Associates, cutting an estimated $6.75M.

  • 40 institutional investors held International General Insurance (IGIC) as of Q4 2023, up from 39 in Q3 2023.
  • Funds reported $144M of International General Insurance stock for Q4 2023, up 6.4% quarter-over-quarter.
  • 8 funds opened new International General Insurance positions in Q4 2023 and 7 closed out, a net change of +1 holder.
  • The largest International General Insurance buyer in Q4 2023 was New Vernon Investment Management, an estimated $1.31M added.
  • The largest International General Insurance seller in Q4 2023 was Royce & Associates, an estimated $6.75M sold.

Based on aggregated 13F filings for Q4 2023.