SiriusPoint
SPNT
158 hedge funds and large institutions have $677M invested in SiriusPoint in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 65 increasing their positions, 45 reducing their positions, and 24 closing their positions.
600% more call options, than puts
Call options by funds: $70K | Put options by funds: $10K
44% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 45
17% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 24
6% more capital invested
Capital invested by funds: $637M → $677M (+$39.6M)
2% more funds holding
Funds holding: 155 → 158 (+3)
1.04% less ownership
Funds ownership: 70.18% → 69.14% (-1%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$44.7M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$13M |
| 3 |
IM
Islet Management
New York
|
+$10M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$6.09M |
| 5 |
D.E. Shaw & Co
New York
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$16.3M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$11.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$8.84M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$7.02M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$6.72M |
SPNT Hedge Fund Activity: Q1 2019 in Review
158 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in SiriusPoint (SPNT) for Q1 2019, worth a combined $677M — up 6.2% from $637M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SPNT positions and 24 closed out — a net gain of 4 holders — while 65 added to existing stakes and 45 trimmed.
The largest buyer was State of Michigan Retirement System, opening a new position worth an estimated $44.7M. The largest seller was Capital International Investors, cutting an estimated $16.3M.
- 158 institutional investors held SiriusPoint (SPNT) as of Q1 2019, up from 155 in Q4 2018.
- Funds reported $677M of SiriusPoint stock for Q1 2019, up 6.2% quarter-over-quarter.
- 28 funds opened new SiriusPoint positions in Q1 2019 and 24 closed out, a net change of +4 holders.
- The largest SiriusPoint buyer in Q1 2019 was State of Michigan Retirement System, an estimated $44.7M added.
- The largest SiriusPoint seller in Q1 2019 was Capital International Investors, an estimated $16.3M sold.
Based on aggregated 13F filings for Q1 2019.