International General Insurance
IGIC
24 hedge funds and large institutions have $87.6M invested in International General Insurance in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
4% more funds holding
Funds holding: 23 → 24 (+1)
4% more capital invested
Capital invested by funds: $83.9M → $87.6M (+$3.77M)
0.65% more ownership
Funds ownership: 39.7% → 40.35% (+0.65%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.49M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.9M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$274K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$264K |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$99.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$4.67M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$1.18M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$1.15M |
| 4 |
Walleye Trading
New York
|
-$465K |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$99.6K |
IGIC Hedge Fund Activity: Q1 2019 in Review
24 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q1 2019, worth a combined $87.6M — up 4.5% from $83.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new IGIC positions and 1 closed out — a net gain of 2 holders — while 3 added to existing stakes and 6 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $5.49M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $4.67M sold.
- 24 institutional investors held International General Insurance (IGIC) as of Q1 2019, up from 23 in Q4 2018.
- Funds reported $87.6M of International General Insurance stock for Q1 2019, up 4.5% quarter-over-quarter.
- 3 funds opened new International General Insurance positions in Q1 2019 and 1 closed out, a net change of +2 holders.
- The largest International General Insurance buyer in Q1 2019 was Bank of Montreal, an estimated $5.49M added.
- The largest International General Insurance seller in Q1 2019 was Weiss Asset Management, an estimated $4.67M sold.
Based on aggregated 13F filings for Q1 2019.