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International General Insurance

34 hedge funds and large institutions have $133M invested in International General Insurance in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 3

50% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 12

41% more capital invested

Capital invested by funds: $94.5M → $133M (+$38.6M)

21% more funds holding

Funds holding: 2834 (+6)

15.72% more ownership

Funds ownership: 43.34%59.06% (+16%)

Holders
34
Holders Change
+6
Holders Change %
+21.43%
% of All Funds
0.67%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
7
Reduced
3
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
1
Bank of Montreal
Ontario, Canada
$14.6M
LA
2
Linden Advisors
New York
$13.4M +$2.73M +263,145 +26%
VOAM
3
Vertex One Asset Management
British Columbia, Canada
$10.6M +$10.4M +1,005,000 New
KC
4
Kepos Capital
New York
$10.1M +$10M +962,196 New
GGHC
5
Gilder Gagnon Howe & Co
New York
$9.86M +$9.8M +943,482 New
PC
6
Periscope Capital
Ontario, Canada
$8.04M +$559K +53,792 +8%
Franklin Resources
7
Franklin Resources
California
$7.13M +$7.11M +683,955 New
Millennium Management
8
Millennium Management
New York
$5.25M -$588K -56,559 -10%
WCMNY
9
Westchester Capital Management (New York)
New York
$4.71M
CWM
10
CIBC World Markets
New York
$4.67M
SCM
11
Shaolin Capital Management
Florida
$4.52M +$2.5M +240,500 +127%
CIM
12
Cowen Investment Management
New York
$4.2M
HIM
13
HGC Investment Management
Ontario, Canada
$4.18M +$1.4M +134,600 +51%
OAM
14
Oxford Asset Management
United Kingdom
$3.91M -$7.27M -700,000 -65%
WAM
15
Weiss Asset Management
Massachusetts
$3.89M +$3.87M +372,562 New
ACM
16
Atika Capital Management
New York
$3.66M +$3.64M +350,000 New
BI
17
Bulldog Investors
New Jersey
$3.23M +$1.66M +160,165 +107%
Balyasny Asset Management
18
Balyasny Asset Management
Illinois
$2.26M +$2.25M +216,425 New
YCM
19
Yakira Capital Management
Connecticut
$2.1M +$2.08M +200,000 New
AIMCA
20
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.82M
Hudson Bay Capital Management
21
Hudson Bay Capital Management
Connecticut
$1.82M +$1.82M +175,000 New
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
22
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$1.57M +$1.56M +150,000 New
CCA
23
Castle Creek Arbitrage
Colorado
$1.5M +$1.49M +143,200 New
AGM
24
Alpine Global Management
New York
$1.46M +$1.45M +140,000 New
RCM
25
Rivernorth Capital Management
Florida
$1.31M

IGIC Hedge Fund Activity: Q4 2019 in Review

34 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q4 2019, worth a combined $133M — up 41% from $94.5M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new IGIC positions and 12 closed out — a net gain of 6 holders — while 7 added to existing stakes and 3 trimmed.

The largest buyer was Vertex One Asset Management, opening a new position worth an estimated $10.4M. The largest seller was Oxford Asset Management, cutting an estimated $7.27M.

  • 34 institutional investors held International General Insurance (IGIC) as of Q4 2019, up from 28 in Q3 2019.
  • Funds reported $133M of International General Insurance stock for Q4 2019, up 41% quarter-over-quarter.
  • 18 funds opened new International General Insurance positions in Q4 2019 and 12 closed out, a net change of +6 holders.
  • The largest International General Insurance buyer in Q4 2019 was Vertex One Asset Management, an estimated $10.4M added.
  • The largest International General Insurance seller in Q4 2019 was Oxford Asset Management, an estimated $7.27M sold.

Based on aggregated 13F filings for Q4 2019.