Universal Insurance Holdings
152 hedge funds and large institutions have $322M invested in Universal Insurance Holdings in 2023 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 39 increasing their positions, 56 reducing their positions, and 22 closing their positions.
36% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 22
14% more capital invested
Capital invested by funds: $283M → $322M (+$38.5M)
6% more funds holding
Funds holding: 144 → 152 (+8)
1.89% more ownership
Funds ownership: 67.13% → 69.03% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less call options, than puts
Call options by funds: $4.21M | Put options by funds: $4.28M
30% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$6.3M |
| 2 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
+$6.22M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.37M |
| 4 |
Goldman Sachs
New York
|
+$3.31M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$11.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.42M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.78M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$1.67M |
| 5 |
HF
HRT Financial
New York
|
-$1.52M |
UVE Hedge Fund Activity: Q4 2023 in Review
152 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Universal Insurance Holdings (UVE) for Q4 2023, worth a combined $322M — up 14% from $283M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new UVE positions and 22 closed out — a net gain of 8 holders — while 39 added to existing stakes and 56 trimmed.
The largest buyer was Donald Smith & Co, adding an estimated $6.3M. The largest seller was Millennium Management, cutting an estimated $11.5M.
- 152 institutional investors held Universal Insurance Holdings (UVE) as of Q4 2023, up from 144 in Q3 2023.
- Funds reported $322M of Universal Insurance Holdings stock for Q4 2023, up 14% quarter-over-quarter.
- 30 funds opened new Universal Insurance Holdings positions in Q4 2023 and 22 closed out, a net change of +8 holders.
- The largest Universal Insurance Holdings buyer in Q4 2023 was Donald Smith & Co, an estimated $6.3M added.
- The largest Universal Insurance Holdings seller in Q4 2023 was Millennium Management, an estimated $11.5M sold.
Based on aggregated 13F filings for Q4 2023.