National General Holdings Corp
NGHC
NGHC was delisted on the 31st of December, 2020.
157 hedge funds and large institutions have $1.01B invested in National General Holdings Corp in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 59 increasing their positions, 57 reducing their positions, and 15 closing their positions.
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
3% more funds holding
Funds holding: 153 → 157 (+4)
4% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 57
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
25% less capital invested
Capital invested by funds: $1.35B → $1.01B (-$337M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$26M |
| 2 |
BlackRock
New York
|
+$11M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$10.9M |
| 4 |
NTCM
Nut Tree Capital Management
New York
|
+$9.58M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$3.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$12.9M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$12.6M |
| 3 |
Millennium Management
New York
|
-$5.04M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
-$4.81M |
| 5 |
FQ
First Quadrant
Glendale,
California
|
-$3.56M |
NGHC Hedge Fund Activity: Q1 2020 in Review
157 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in National General Holdings Corp (NGHC) for Q1 2020, worth a combined $1.01B — down 25% from $1.35B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NGHC positions and 15 closed out — a net gain of 6 holders — while 59 added to existing stakes and 57 trimmed.
The largest buyer was State of Michigan Retirement System, opening a new position worth an estimated $26M. The largest seller was Principal Financial Group, cutting an estimated $12.9M.
- 157 institutional investors held National General Holdings Corp (NGHC) as of Q1 2020, up from 153 in Q4 2019.
- Funds reported $1.01B of National General Holdings Corp stock for Q1 2020, down 25% quarter-over-quarter.
- 21 funds opened new National General Holdings Corp positions in Q1 2020 and 15 closed out, a net change of +6 holders.
- The largest National General Holdings Corp buyer in Q1 2020 was State of Michigan Retirement System, an estimated $26M added.
- The largest National General Holdings Corp seller in Q1 2020 was Principal Financial Group, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2020.