Palomar
PLMR
176 hedge funds and large institutions have $1.25B invested in Palomar in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 78 increasing their positions, 64 reducing their positions, and 32 closing their positions.
22% more capital invested
Capital invested by funds: $1.02B → $1.25B (+$228M)
22% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 64
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.25% less ownership
Funds ownership: 90.88% → 90.63% (-0.25%)
8% less funds holding
Funds holding: 192 → 176 (-16)
36% less call options, than puts
Call options by funds: $1.03M | Put options by funds: $1.59M
47% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13.7M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$12.8M |
| 3 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$6.2M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$5.57M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$9.91M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$9.3M |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$5.66M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$4.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWA
201
Sutton Wealth Advisors
Tampa,
Florida
| – | -$23.1K | -512 | Closed |
|
|
QL
202
Quarry LP
New York
| – | -$20.4K | -452 | Closed |
|
203
Jones Financial Companies
Des Peres,
Missouri
| – | -$14K | -300 | Closed |
|
|
NA
204
NewEdge Advisors
New Orleans,
Louisiana
| – | -$6.19K | -137 | Closed |
|
205
Simplex Trading
Chicago,
Illinois
| – | -$2.36K | -44 | Closed |
|
|
IA
206
IFP Advisors
Tampa,
Florida
| – | -$2K | -20 | Closed |
|
|
SFG
207
Steward Financial Group
Colleyville,
Texas
| – | +$429 | +8 | +400% |
|
|
BTI
208
Blue Trust Inc
Alpharetta,
Georgia
| – | +$482 | +9 | New |
|
PLMR Hedge Fund Activity: Q1 2023 in Review
176 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Palomar (PLMR) for Q1 2023, worth a combined $1.25B — up 22% from $1.02B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of PLMR and 17 opened new positions — a net loss of 15 holders — while 64 trimmed existing stakes and 78 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $13.7M. The largest seller was Millennium Management, cutting an estimated $10M.
- 176 institutional investors held Palomar (PLMR) as of Q1 2023, down from 192 in Q4 2022.
- Funds reported $1.25B of Palomar stock for Q1 2023, up 22% quarter-over-quarter.
- 17 funds opened new Palomar positions in Q1 2023 and 32 closed out, a net change of -15 holders.
- The largest Palomar buyer in Q1 2023 was T. Rowe Price Associates, an estimated $13.7M added.
- The largest Palomar seller in Q1 2023 was Millennium Management, an estimated $10M sold.
Based on aggregated 13F filings for Q1 2023.