International General Insurance
IGIC
47 hedge funds and large institutions have $143M invested in International General Insurance in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
609% more call options, than puts
Call options by funds: $1.3M | Put options by funds: $184K
18% more funds holding
Funds holding: 40 → 47 (+7)
1% less capital invested
Capital invested by funds: $144M → $143M (-$974K)
1.42% less ownership
Funds ownership: 25.59% → 24.18% (-1.4%)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$3.19M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$1.04M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$563K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$421K |
| 5 |
BAM
Ballast Asset Management
Dallas,
Texas
|
+$325K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$5.34M |
| 2 |
ZDA
Zweig-DiMenna Associates
New York
|
-$2.35M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$725K |
| 4 |
SC
Shay Capital
New York
|
-$615K |
| 5 |
Renaissance Technologies
New York
|
-$380K |
IGIC Hedge Fund Activity: Q1 2024 in Review
47 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in International General Insurance (IGIC) for Q1 2024, worth a combined $143M — down 0.68% from $144M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new IGIC positions and 1 closed out — a net gain of 7 holders — while 13 added to existing stakes and 18 trimmed.
The largest buyer was Royce & Associates, adding an estimated $3.19M. The largest seller was Franklin Resources, cutting an estimated $5.34M.
- 47 institutional investors held International General Insurance (IGIC) as of Q1 2024, up from 40 in Q4 2023.
- Funds reported $143M of International General Insurance stock for Q1 2024, down 0.68% quarter-over-quarter.
- 8 funds opened new International General Insurance positions in Q1 2024 and 1 closed out, a net change of +7 holders.
- The largest International General Insurance buyer in Q1 2024 was Royce & Associates, an estimated $3.19M added.
- The largest International General Insurance seller in Q1 2024 was Franklin Resources, an estimated $5.34M sold.
Based on aggregated 13F filings for Q1 2024.