Insurance Acquisition Corp. Warrant
INSUW
INSUW was delisted on the 14th of October, 2020.
18 hedge funds and large institutions have $10.9M invested in Insurance Acquisition Corp. Warrant in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 8 closing their positions.
10% less funds holding
Funds holding: 20 → 18 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
46% less capital invested
Capital invested by funds: $20.1M → $10.9M (-$9.23M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$670K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$132K |
| 3 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$70.9K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$40.2K |
| 5 |
HF
HRT Financial
New York
|
+$36.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$1.25M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$1.02M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$921K |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$736K |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$728K |
INSUW Hedge Fund Activity: Q3 2020 in Review
18 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Insurance Acquisition Corp. Warrant (INSUW) for Q3 2020, worth a combined $10.9M — down 46% from $20.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of INSUW and 6 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $670K. The largest seller was MMCAP International, exiting entirely with an estimated $1.25M sold.
- 18 institutional investors held Insurance Acquisition Corp. Warrant (INSUW) as of Q3 2020, down from 20 in Q2 2020.
- Funds reported $10.9M of Insurance Acquisition Corp. Warrant stock for Q3 2020, down 46% quarter-over-quarter.
- 6 funds opened new Insurance Acquisition Corp. Warrant positions in Q3 2020 and 8 closed out, a net change of -2 holders.
- The largest Insurance Acquisition Corp. Warrant buyer in Q3 2020 was Nantahala Capital Management, an estimated $670K added.
- The largest Insurance Acquisition Corp. Warrant seller in Q3 2020 was MMCAP International, an estimated $1.25M sold.
Based on aggregated 13F filings for Q3 2020.