PLATINUM UNDERWRITERS HLDGS LTD
PTP
PTP was delisted on the 2nd of March, 2015.
145 hedge funds and large institutions have $1.6B invested in PLATINUM UNDERWRITERS HLDGS LTD in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 67 reducing their positions, and 29 closing their positions.
7% less capital invested
Capital invested by funds: $1.73B → $1.6B (-$124M)
10% less funds holding
Funds holding: 161 → 145 (-16)
39% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 67
48% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 29
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$13.1M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$12.9M |
| 3 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$3.71M |
| 4 |
DSC
Donald Smith & Co
New York
|
+$3.3M |
| 5 |
JP Morgan Chase
New York
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
-$22.7M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$16.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$9M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$7.17M |
| 5 |
Morgan Stanley
New York
|
-$6.25M |
PTP Hedge Fund Activity: Q1 2014 in Review
145 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in PLATINUM UNDERWRITERS HLDGS LTD (PTP) for Q1 2014, worth a combined $1.6B — down 7.2% from $1.73B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PTP and 15 opened new positions — a net loss of 14 holders — while 67 trimmed existing stakes and 41 added.
The largest buyer was Vaughan Nelson Investment Management, adding an estimated $13.1M. The largest seller was Walthausen & Co, exiting entirely with an estimated $22.7M sold.
- 145 institutional investors held PLATINUM UNDERWRITERS HLDGS LTD (PTP) as of Q1 2014, down from 161 in Q4 2013.
- Funds reported $1.6B of PLATINUM UNDERWRITERS HLDGS LTD stock for Q1 2014, down 7.2% quarter-over-quarter.
- 15 funds opened new PLATINUM UNDERWRITERS HLDGS LTD positions in Q1 2014 and 29 closed out, a net change of -14 holders.
- The largest PLATINUM UNDERWRITERS HLDGS LTD buyer in Q1 2014 was Vaughan Nelson Investment Management, an estimated $13.1M added.
- The largest PLATINUM UNDERWRITERS HLDGS LTD seller in Q1 2014 was Walthausen & Co, an estimated $22.7M sold.
Based on aggregated 13F filings for Q1 2014.