Pelagos Insurance Capital
PLGO
83 hedge funds and large institutions have $1.05B invested in Pelagos Insurance Capital in 2023 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 36 increasing their positions, 14 reducing their positions, and 7 closing their positions.
229% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 7
157% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 14
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
56% more capital invested
Capital invested by funds: $675M → $1.05B (+$376M)
29.44% more ownership
Funds ownership: 36.54% → 65.98% (+29%)
24% more funds holding
Funds holding: 67 → 83 (+16)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CLG
Cooperman Leon G
|
+$14.2M |
| 2 |
Millennium Management
New York
|
+$5.33M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.87M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$4.73M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$20.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$9.38M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$4.89M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$2.94M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.07M |
PLGO Hedge Fund Activity: Q4 2023 in Review
83 of the 6,864 institutional investors tracked by Wall St. Rank reported a position in Pelagos Insurance Capital (PLGO) for Q4 2023, worth a combined $1.05B — up 56% from $675M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PLGO positions and 7 closed out — a net gain of 16 holders — while 36 added to existing stakes and 14 trimmed.
The largest buyer was Cooperman Leon G, adding an estimated $14.2M. The largest seller was Citadel Advisors, cutting an estimated $20.7M.
- 83 institutional investors held Pelagos Insurance Capital (PLGO) as of Q4 2023, up from 67 in Q3 2023.
- Funds reported $1.05B of Pelagos Insurance Capital stock for Q4 2023, up 56% quarter-over-quarter.
- 23 funds opened new Pelagos Insurance Capital positions in Q4 2023 and 7 closed out, a net change of +16 holders.
- The largest Pelagos Insurance Capital buyer in Q4 2023 was Cooperman Leon G, an estimated $14.2M added.
- The largest Pelagos Insurance Capital seller in Q4 2023 was Citadel Advisors, an estimated $20.7M sold.
Based on aggregated 13F filings for Q4 2023.