Universal Insurance Holdings
160 hedge funds and large institutions have $618M invested in Universal Insurance Holdings in 2017 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 69 increasing their positions, 52 reducing their positions, and 25 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 52
4.21% more ownership
Funds ownership: 72.85% → 77.06% (+4.2%)
4% less capital invested
Capital invested by funds: $644M → $618M (-$26.8M)
5% less funds holding
Funds holding: 169 → 160 (-9)
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
75% less call options, than puts
Call options by funds: $2.86M | Put options by funds: $11.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Capital Returns Management
Rye,
New York
|
+$18.8M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$11.5M |
| 3 |
Millennium Management
New York
|
+$5.3M |
| 4 |
MLIM
Mountain Lake Investment Management
Boca Raton,
Florida
|
+$5.16M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Gillson Capital
Chicago,
Illinois
|
-$7.36M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$7.05M |
| 3 |
TA
Teachers Advisors
New York
|
-$3.67M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$3.6M |
| 5 |
Morgan Stanley
New York
|
-$3.35M |
UVE Hedge Fund Activity: Q3 2017 in Review
160 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Universal Insurance Holdings (UVE) for Q3 2017, worth a combined $618M — down 4.2% from $644M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of UVE and 18 opened new positions — a net loss of 7 holders — while 52 trimmed existing stakes and 69 added.
The largest buyer was Capital Returns Management, opening a new position worth an estimated $18.8M. The largest seller was Gillson Capital, cutting an estimated $7.36M.
- 160 institutional investors held Universal Insurance Holdings (UVE) as of Q3 2017, down from 169 in Q2 2017.
- Funds reported $618M of Universal Insurance Holdings stock for Q3 2017, down 4.2% quarter-over-quarter.
- 18 funds opened new Universal Insurance Holdings positions in Q3 2017 and 25 closed out, a net change of -7 holders.
- The largest Universal Insurance Holdings buyer in Q3 2017 was Capital Returns Management, an estimated $18.8M added.
- The largest Universal Insurance Holdings seller in Q3 2017 was Gillson Capital, an estimated $7.36M sold.
Based on aggregated 13F filings for Q3 2017.