Palomar
PLMR
179 hedge funds and large institutions have $1.12B invested in Palomar in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 64 increasing their positions, 74 reducing their positions, and 16 closing their positions.
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
2% more funds holding
Funds holding: 176 → 179 (+3)
0.14% more ownership
Funds ownership: 88.82% → 88.96% (+0.14%)
13% less capital invested
Capital invested by funds: $1.28B → $1.12B (-$166M)
14% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 74
35% less call options, than puts
Call options by funds: $1.53M | Put options by funds: $2.35M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$13.5M |
| 2 |
JP Morgan Chase
New York
|
+$11.2M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$9.15M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$4.89M |
| 5 |
Millennium Management
New York
|
+$3.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$22.4M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$9.06M |
| 3 |
ACA
Atlas Capital Advisors
Jackson,
Wyoming
|
-$4.02M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$3.68M |
| 5 |
SDJVC
St. Denis J. Villere & Co
New Orleans,
Louisiana
|
-$3.02M |
PLMR Hedge Fund Activity: Q3 2023 in Review
179 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Palomar (PLMR) for Q3 2023, worth a combined $1.12B — down 13% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PLMR positions and 16 closed out — a net gain of 3 holders — while 64 added to existing stakes and 74 trimmed.
The largest buyer was Point72 Asset Management, adding an estimated $13.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $22.4M.
- 179 institutional investors held Palomar (PLMR) as of Q3 2023, up from 176 in Q2 2023.
- Funds reported $1.12B of Palomar stock for Q3 2023, down 13% quarter-over-quarter.
- 19 funds opened new Palomar positions in Q3 2023 and 16 closed out, a net change of +3 holders.
- The largest Palomar buyer in Q3 2023 was Point72 Asset Management, an estimated $13.5M added.
- The largest Palomar seller in Q3 2023 was T. Rowe Price Associates, an estimated $22.4M sold.
Based on aggregated 13F filings for Q3 2023.