International General Insurance
IGIC
23 hedge funds and large institutions have $83.9M invested in International General Insurance in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
5% more funds holding
Funds holding: 22 → 23 (+1)
3% more capital invested
Capital invested by funds: $81.7M → $83.9M (+$2.17M)
0.47% more ownership
Funds ownership: 39.23% → 39.7% (+0.47%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.46M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.32M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$826K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$611K |
| 5 |
MSU
Mizuho Securities USA
New York
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.28M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$586K |
| 3 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$544K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$165K |
| 5 |
CI
Cowen Inc
New York
|
-$112K |
IGIC Hedge Fund Activity: Q4 2018 in Review
23 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q4 2018, worth a combined $83.9M — up 2.7% from $81.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new IGIC positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $1.46M. The largest seller was AQR Arbitrage, cutting an estimated $2.28M.
- 23 institutional investors held International General Insurance (IGIC) as of Q4 2018, up from 22 in Q3 2018.
- Funds reported $83.9M of International General Insurance stock for Q4 2018, up 2.7% quarter-over-quarter.
- 4 funds opened new International General Insurance positions in Q4 2018 and 3 closed out, a net change of +1 holder.
- The largest International General Insurance buyer in Q4 2018 was Goldman Sachs, an estimated $1.46M added.
- The largest International General Insurance seller in Q4 2018 was AQR Arbitrage, an estimated $2.28M sold.
Based on aggregated 13F filings for Q4 2018.