International General Insurance
IGIC
16 hedge funds and large institutions have $38.9M invested in International General Insurance in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 22 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
49.03% less ownership
Funds ownership: 59.06% → 10.03% (-49%)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
53% less funds holding
Funds holding: 34 → 16 (-18)
71% less capital invested
Capital invested by funds: $133M → $38.9M (-$94.2M)
77% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$12.2M |
| 2 |
ZDA
Zweig-DiMenna Associates
New York
|
+$7.19M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$1.82M |
| 4 |
HP
Harvey Partners
Tarrytown,
New York
|
+$1.49M |
| 5 |
MRA
Mountain Road Advisors
New York
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$14.6M |
| 2 |
LA
Linden Advisors
New York
|
-$10.9M |
| 3 |
KC
Kepos Capital
New York
|
-$10.1M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$8.04M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$4.71M |
IGIC Hedge Fund Activity: Q1 2020 in Review
16 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q1 2020, worth a combined $38.9M — down 71% from $133M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of IGIC and 5 opened new positions — a net loss of 17 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Gilder Gagnon Howe & Co, adding an estimated $12.2M. The largest seller was Bank of Montreal, exiting entirely with an estimated $14.6M sold.
- 16 institutional investors held International General Insurance (IGIC) as of Q1 2020, down from 34 in Q4 2019.
- Funds reported $38.9M of International General Insurance stock for Q1 2020, down 71% quarter-over-quarter.
- 5 funds opened new International General Insurance positions in Q1 2020 and 22 closed out, a net change of -17 holders.
- The largest International General Insurance buyer in Q1 2020 was Gilder Gagnon Howe & Co, an estimated $12.2M added.
- The largest International General Insurance seller in Q1 2020 was Bank of Montreal, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2020.