International General Insurance
IGIC
22 hedge funds and large institutions have $81.7M invested in International General Insurance in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
38% more funds holding
Funds holding: 16 → 22 (+6)
32% more capital invested
Capital invested by funds: $62M → $81.7M (+$19.7M)
9.26% more ownership
Funds ownership: 29.97% → 39.23% (+9.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.82M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.34M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
+$3.37M |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$2.93M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
-$4.33M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.42M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$165K |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$155K |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$10.9K |
IGIC Hedge Fund Activity: Q3 2018 in Review
22 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q3 2018, worth a combined $81.7M — up 32% from $62M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new IGIC positions and 2 closed out — a net gain of 6 holders — while 4 added to existing stakes and 4 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $4.82M. The largest seller was 683 Capital Management, exiting entirely with an estimated $4.33M sold.
- 22 institutional investors held International General Insurance (IGIC) as of Q3 2018, up from 16 in Q2 2018.
- Funds reported $81.7M of International General Insurance stock for Q3 2018, up 32% quarter-over-quarter.
- 8 funds opened new International General Insurance positions in Q3 2018 and 2 closed out, a net change of +6 holders.
- The largest International General Insurance buyer in Q3 2018 was Millennium Management, an estimated $4.82M added.
- The largest International General Insurance seller in Q3 2018 was 683 Capital Management, an estimated $4.33M sold.
Based on aggregated 13F filings for Q3 2018.