Universal Insurance Holdings
96 hedge funds and large institutions have $91.3M invested in Universal Insurance Holdings in 2013 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 25 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
64% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 25
13% more funds holding
Funds holding: 85 → 96 (+11)
5.46% more ownership
Funds ownership: 31.54% → 37% (+5.5%)
3% more capital invested
Capital invested by funds: $88.6M → $91.3M (+$2.67M)
41% less call options, than puts
Call options by funds: $95K | Put options by funds: $161K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$1.49M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$1.4M |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$1.05M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$771K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$720K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4.55M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.92M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.84M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.44M |
| 5 |
MA
MUFG Americas
New York
|
-$530K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIM
101
Marco Investment Management
Atlanta,
Georgia
| – | -$106K | -15,000 | Closed |
|
|
PM
102
Platinum Management
New York
| – | -$92K | -13,000 | Closed |
|
103
BNP Paribas Financial Markets
Paris,
France
| – | -$72.8K | -10,284 | Closed |
|
UVE Hedge Fund Activity: Q3 2013 in Review
96 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Universal Insurance Holdings (UVE) for Q3 2013, worth a combined $91.3M — up 3% from $88.6M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new UVE positions and 7 closed out — a net gain of 11 holders — while 41 added to existing stakes and 25 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $1.49M. The largest seller was Numeric Investors, cutting an estimated $4.55M.
- 96 institutional investors held Universal Insurance Holdings (UVE) as of Q3 2013, up from 85 in Q2 2013.
- Funds reported $91.3M of Universal Insurance Holdings stock for Q3 2013, up 3% quarter-over-quarter.
- 18 funds opened new Universal Insurance Holdings positions in Q3 2013 and 7 closed out, a net change of +11 holders.
- The largest Universal Insurance Holdings buyer in Q3 2013 was Renaissance Technologies, an estimated $1.49M added.
- The largest Universal Insurance Holdings seller in Q3 2013 was Numeric Investors, an estimated $4.55M sold.
Based on aggregated 13F filings for Q3 2013.