International General Insurance
IGIC
28 hedge funds and large institutions have $95.8M invested in International General Insurance in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
0% more capital invested
Capital invested by funds: $95.5M → $95.8M (+$338K)
0.11% less ownership
Funds ownership: 43.45% → 43.34% (-0.11%)
3% less funds holding
Funds holding: 29 → 28 (-1)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
CIBC World Markets
New York
|
+$4.57M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.02M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$873K |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
+$648K |
| 5 |
Millennium Management
New York
|
+$580K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$4.54M |
| 2 |
JG
Jefferies Group
New York
|
-$2.19M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$1.03M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.03M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$637K |
IGIC Hedge Fund Activity: Q3 2019 in Review
28 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q3 2019, worth a combined $95.8M — up 0.35% from $95.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new IGIC positions and 3 closed out — a net gain of 1 holder — while 5 added to existing stakes and 8 trimmed.
The largest buyer was CIBC World Markets, opening a new position worth an estimated $4.57M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $4.54M sold.
- 28 institutional investors held International General Insurance (IGIC) as of Q3 2019, down from 29 in Q2 2019.
- Funds reported $95.8M of International General Insurance stock for Q3 2019, up 0.35% quarter-over-quarter.
- 4 funds opened new International General Insurance positions in Q3 2019 and 3 closed out, a net change of +1 holder.
- The largest International General Insurance buyer in Q3 2019 was CIBC World Markets, an estimated $4.57M added.
- The largest International General Insurance seller in Q3 2019 was Weiss Asset Management, an estimated $4.54M sold.
Based on aggregated 13F filings for Q3 2019.