International General Insurance
IGIC
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.
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
39% more capital invested
Capital invested by funds: $95.8M → $133M (+$37.3M)
21% more funds holding
Funds holding: 28 → 34 (+6)
15.72% more ownership
Funds ownership: 43.34% → 59.06% (+16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$10.4M |
| 2 |
KC
Kepos Capital
New York
|
+$10M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$9.8M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$7.11M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$7.27M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$5.89M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.85M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.98M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.75M |
IGIC Hedge Fund Activity: Q4 2019 in Review
34 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q4 2019, worth a combined $133M — up 39% from $95.8M 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 39% 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.