International General Insurance
IGIC
19 hedge funds and large institutions have $52.8M invested in International General Insurance in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 3 closing their positions.
51% more capital invested
Capital invested by funds: $35M → $52.8M (+$17.8M)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
7.29% more ownership
Funds ownership: 10.49% → 17.78% (+7.3%)
5% less funds holding
Funds holding: 20 → 19 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$24.4M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$171K |
| 3 |
ZDA
Zweig-DiMenna Associates
New York
|
+$23.5K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$18.8K |
| 5 |
Morgan Stanley
New York
|
+$9.54K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$715K |
| 2 |
BCM
Bluefin Capital Management
New York
|
-$101K |
| 3 |
QSS
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
|
-$38.8K |
| 4 |
JP Morgan Chase
New York
|
-$37K |
| 5 |
BlackRock
New York
|
-$18.1K |
IGIC Hedge Fund Activity: Q3 2020 in Review
19 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q3 2020, worth a combined $52.8M — up 51% from $35M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of IGIC and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 5 added.
The largest buyer was Weiss Multi-Strategy Advisers, opening a new position worth an estimated $24.4M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $715K.
- 19 institutional investors held International General Insurance (IGIC) as of Q3 2020, down from 20 in Q2 2020.
- Funds reported $52.8M of International General Insurance stock for Q3 2020, up 51% quarter-over-quarter.
- 2 funds opened new International General Insurance positions in Q3 2020 and 3 closed out, a net change of -1 holder.
- The largest International General Insurance buyer in Q3 2020 was Weiss Multi-Strategy Advisers, an estimated $24.4M added.
- The largest International General Insurance seller in Q3 2020 was Gilder Gagnon Howe & Co, an estimated $715K sold.
Based on aggregated 13F filings for Q3 2020.