National General Holdings Corp
NGHC
NGHC was delisted on the 31st of December, 2020.
170 hedge funds and large institutions have $2.25B invested in National General Holdings Corp in 2020 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 66 increasing their positions, 49 reducing their positions, and 44 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 49
4% more capital invested
Capital invested by funds: $2.17B → $2.25B (+$81.8M)
3% less funds holding
Funds holding: 176 → 170 (-6)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
11% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 44
62% less call options, than puts
Call options by funds: $28.2M | Put options by funds: $75.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$78.8M |
| 2 |
Millennium Management
New York
|
+$71.9M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$68.8M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$36.9M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$36.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MSD Partners
New York
|
-$73M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$60.7M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$60M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$53.8M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$51.5M |
NGHC Hedge Fund Activity: Q4 2020 in Review
170 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in National General Holdings Corp (NGHC) for Q4 2020, worth a combined $2.25B — up 3.8% from $2.17B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of NGHC and 39 opened new positions — a net loss of 5 holders — while 49 trimmed existing stakes and 66 added.
The largest buyer was Goldman Sachs, adding an estimated $78.8M. The largest seller was MSD Partners, exiting entirely with an estimated $73M sold.
- 170 institutional investors held National General Holdings Corp (NGHC) as of Q4 2020, down from 176 in Q3 2020.
- Funds reported $2.25B of National General Holdings Corp stock for Q4 2020, up 3.8% quarter-over-quarter.
- 39 funds opened new National General Holdings Corp positions in Q4 2020 and 44 closed out, a net change of -5 holders.
- The largest National General Holdings Corp buyer in Q4 2020 was Goldman Sachs, an estimated $78.8M added.
- The largest National General Holdings Corp seller in Q4 2020 was MSD Partners, an estimated $73M sold.
Based on aggregated 13F filings for Q4 2020.