Pelagos Insurance Capital
PLGO
107 hedge funds and large institutions have $1.47B invested in Pelagos Insurance Capital in 2024 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 50 increasing their positions, 12 reducing their positions, and 9 closing their positions.
317% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 12
278% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 9
40% more capital invested
Capital invested by funds: $1.05B → $1.47B (+$417M)
29% more funds holding
Funds holding: 83 → 107 (+24)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1.93% less ownership
Funds ownership: 65.98% → 64.05% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$33.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.2M |
| 3 |
Morgan Stanley
New York
|
+$9.16M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.9M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$8.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$221M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$9.85M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$6.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.94M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$2.89M |
PLGO Hedge Fund Activity: Q1 2024 in Review
107 of the 6,947 institutional investors tracked by Wall St. Rank reported a position in Pelagos Insurance Capital (PLGO) for Q1 2024, worth a combined $1.47B — up 40% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PLGO positions and 9 closed out — a net gain of 25 holders — while 50 added to existing stakes and 12 trimmed.
The largest buyer was BlackRock, adding an estimated $33.3M. The largest seller was Goldman Sachs, cutting an estimated $221M.
- 107 institutional investors held Pelagos Insurance Capital (PLGO) as of Q1 2024, up from 83 in Q4 2023.
- Funds reported $1.47B of Pelagos Insurance Capital stock for Q1 2024, up 40% quarter-over-quarter.
- 34 funds opened new Pelagos Insurance Capital positions in Q1 2024 and 9 closed out, a net change of +25 holders.
- The largest Pelagos Insurance Capital buyer in Q1 2024 was BlackRock, an estimated $33.3M added.
- The largest Pelagos Insurance Capital seller in Q1 2024 was Goldman Sachs, an estimated $221M sold.
Based on aggregated 13F filings for Q1 2024.