International General Insurance
IGIC
20 hedge funds and large institutions have $35M invested in International General Insurance in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
25% more funds holding
Funds holding: 16 → 20 (+4)
0.46% more ownership
Funds ownership: 10.03% → 10.49% (+0.46%)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
10% less capital invested
Capital invested by funds: $38.9M → $35M (-$3.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$1.26M |
| 2 |
IP
Interval Partners
New York
|
+$736K |
| 3 |
HP
Harvey Partners
Tarrytown,
New York
|
+$317K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$272K |
| 5 |
QSS
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.11M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$716K |
| 3 |
Millennium Management
New York
|
-$99.2K |
| 4 |
ACM
Atika Capital Management
New York
|
-$66K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$32.3K |
IGIC Hedge Fund Activity: Q2 2020 in Review
20 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q2 2020, worth a combined $35M — down 10% from $38.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new IGIC positions and 1 closed out — a net gain of 4 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Franklin Resources, adding an estimated $1.26M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $1.11M.
- 20 institutional investors held International General Insurance (IGIC) as of Q2 2020, up from 16 in Q1 2020.
- Funds reported $35M of International General Insurance stock for Q2 2020, down 10% quarter-over-quarter.
- 5 funds opened new International General Insurance positions in Q2 2020 and 1 closed out, a net change of +4 holders.
- The largest International General Insurance buyer in Q2 2020 was Franklin Resources, an estimated $1.26M added.
- The largest International General Insurance seller in Q2 2020 was Gilder Gagnon Howe & Co, an estimated $1.11M sold.
Based on aggregated 13F filings for Q2 2020.