International General Insurance
IGIC
39 hedge funds and large institutions have $135M invested in International General Insurance in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 3 closing their positions.
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
50% more funds holding
Funds holding: 26 → 39 (+13)
24% more capital invested
Capital invested by funds: $109M → $135M (+$26.3M)
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
0.07% more ownership
Funds ownership: 27.39% → 27.46% (+0.07%)
38% less call options, than puts
Call options by funds: $329K | Put options by funds: $531K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$5.94M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$4.91M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
+$952K |
| 4 |
Renaissance Technologies
New York
|
+$731K |
| 5 |
SC
Shay Capital
New York
|
+$715K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$23.8M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.45M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$1.07M |
| 4 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
-$605K |
| 5 |
Millennium Management
New York
|
-$382K |
IGIC Hedge Fund Activity: Q3 2023 in Review
39 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q3 2023, worth a combined $135M — up 24% from $109M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new IGIC positions and 3 closed out — a net gain of 13 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Royce & Associates, adding an estimated $5.94M. The largest seller was Weiss Multi-Strategy Advisers, cutting an estimated $23.8M.
- 39 institutional investors held International General Insurance (IGIC) as of Q3 2023, up from 26 in Q2 2023.
- Funds reported $135M of International General Insurance stock for Q3 2023, up 24% quarter-over-quarter.
- 16 funds opened new International General Insurance positions in Q3 2023 and 3 closed out, a net change of +13 holders.
- The largest International General Insurance buyer in Q3 2023 was Royce & Associates, an estimated $5.94M added.
- The largest International General Insurance seller in Q3 2023 was Weiss Multi-Strategy Advisers, an estimated $23.8M sold.
Based on aggregated 13F filings for Q3 2023.