International General Insurance
IGIC
56 hedge funds and large institutions have $135M invested in International General Insurance in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
129% more call options, than puts
Call options by funds: $484K | Put options by funds: $211K
19% more funds holding
Funds holding: 47 → 56 (+9)
3.26% less ownership
Funds ownership: 24.18% → 20.92% (-3.3%)
6% less capital invested
Capital invested by funds: $143M → $135M (-$7.92M)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
+$2.01M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$1.89M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$948K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$803K |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$495K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$7.6M |
| 2 |
RA
Royce & Associates
New York
|
-$7.49M |
| 3 |
ZDA
Zweig-DiMenna Associates
New York
|
-$2.17M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.2M |
| 5 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$541K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFA
51
Farther Finance Advisors
San Francisco,
California
| $6.14K | +$6.05K | +433 | New |
|
52
Bank of America
Charlotte,
North Carolina
| $3.29K | – | – | – |
|
|
ATPW
53
Ashton Thomas Private Wealth
Scottsdale,
Arizona
| $1.47K | +$1.47K | +105 | New |
|
54
Group One Trading
Chicago,
Illinois
| $1.4K | +$1.4K | +100 | New |
|
|
GI
55
GAMMA Investing
Foster City,
California
| $182 | +$182 | +13 | New |
|
|
56
Franklin Resources
San Mateo,
California
| – | -$7.6M | -561,364 | Closed |
|
|
PI
57
PEAK6 Investments
Chicago,
Illinois
| – | -$541K | -39,927 | Closed |
|
|
VF
58
Virtu Financial
New York
| – | -$209K | -15,463 | Closed |
|
59
Barclays
London,
United Kingdom
| – | -$7.45K | -550 | Closed |
|
60
Simplex Trading
Chicago,
Illinois
| – | -$7.01K | -501 | -91% |
|
IGIC Hedge Fund Activity: Q2 2024 in Review
56 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q2 2024, worth a combined $135M — down 5.5% from $143M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IGIC positions and 4 closed out — a net gain of 9 holders — while 16 added to existing stakes and 20 trimmed.
The largest buyer was Deroy & Devereaux Private Investment Counsel, opening a new position worth an estimated $2.01M. The largest seller was Franklin Resources, exiting entirely with an estimated $7.6M sold.
- 56 institutional investors held International General Insurance (IGIC) as of Q2 2024, up from 47 in Q1 2024.
- Funds reported $135M of International General Insurance stock for Q2 2024, down 5.5% quarter-over-quarter.
- 13 funds opened new International General Insurance positions in Q2 2024 and 4 closed out, a net change of +9 holders.
- The largest International General Insurance buyer in Q2 2024 was Deroy & Devereaux Private Investment Counsel, an estimated $2.01M added.
- The largest International General Insurance seller in Q2 2024 was Franklin Resources, an estimated $7.6M sold.
Based on aggregated 13F filings for Q2 2024.