International General Insurance
IGIC
40 hedge funds and large institutions have $143M invested in International General Insurance in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 7 closing their positions.
648% more call options, than puts
Call options by funds: $1.3M | Put options by funds: $174K
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
6% more capital invested
Capital invested by funds: $135M → $143M (+$8.31M)
3% more funds holding
Funds holding: 39 → 40 (+1)
1.93% less ownership
Funds ownership: 27.46% → 25.53% (-1.9%)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
+$1.31M |
| 2 |
BAM
Ballast Asset Management
Dallas,
Texas
|
+$900K |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$703K |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
+$686K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$620K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$6.75M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$2.98M |
| 3 |
SC
Shay Capital
New York
|
-$1.52M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$918K |
| 5 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
-$518K |
IGIC Hedge Fund Activity: Q4 2023 in Review
40 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q4 2023, worth a combined $143M — up 6.2% from $135M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new IGIC positions and 7 closed out — a net gain of 1 holder — while 13 added to existing stakes and 16 trimmed.
The largest buyer was New Vernon Investment Management, opening a new position worth an estimated $1.31M. The largest seller was Royce & Associates, cutting an estimated $6.75M.
- 40 institutional investors held International General Insurance (IGIC) as of Q4 2023, up from 39 in Q3 2023.
- Funds reported $143M of International General Insurance stock for Q4 2023, up 6.2% quarter-over-quarter.
- 8 funds opened new International General Insurance positions in Q4 2023 and 7 closed out, a net change of +1 holder.
- The largest International General Insurance buyer in Q4 2023 was New Vernon Investment Management, an estimated $1.31M added.
- The largest International General Insurance seller in Q4 2023 was Royce & Associates, an estimated $6.75M sold.
Based on aggregated 13F filings for Q4 2023.