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Universal Insurance Holdings

112 hedge funds and large institutions have $244M invested in Universal Insurance Holdings in 2014 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 31 increasing their positions, 33 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 14

65% more call options, than puts

Call options by funds: $4.07M | Put options by funds: $2.46M

26% more capital invested

Capital invested by funds: $194M → $244M (+$50.3M)

17% more funds holding

Funds holding: 96112 (+16)

16.04% more ownership

Funds ownership: 38.26%54.29% (+16%)

6% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 33

Holders
112
Holders Change
+16
Holders Change %
+16.67%
% of All Funds
3.24%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
30
Increased
31
Reduced
33
Closed
14
Calls
$4.07M
Puts
$2.46M
Net Calls
+$1.6M
Net Calls Change
-$2M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$21.8M +$1.18M +92,512 +6%
Allianz Asset Management
2
Allianz Asset Management
Germany
$21.1M +$21.2M +1,665,000 New
Vanguard Group
3
Vanguard Group
Pennsylvania
$21M +$12.4M +974,916 +144%
BFA
4
BlackRock Fund Advisors
California
$19.9M +$10.7M +844,515 +117%
LSV Asset Management
5
LSV Asset Management
Illinois
$14.5M -$642K -50,500 -4%
Schroder Investment Management Group
6
Schroder Investment Management Group
United Kingdom
$9.08M +$317K +24,900 +4%
TA
7
Teachers Advisors
New York
$7.71M +$3.35M +263,671 +77%
SFM
8
Systematic Financial Management
New Jersey
$7.01M +$4.52M +355,525 +181%
New York State Common Retirement Fund
9
New York State Common Retirement Fund
New York
$6.42M +$4.32M +339,300 +204%
State Street
10
State Street
Massachusetts
$5.9M +$771K +60,616 +15%
BIT
11
BlackRock Institutional Trust
California
$5.55M -$893K -70,201 -14%
American Century Companies
12
American Century Companies
Missouri
$5.31M +$56.7K +4,455 +1%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$5.1M +$930K +73,079 +22%
BCM
14
Bridgeway Capital Management
Texas
$5.06M -$2.11M -166,000 -29%
HAI
15
Hennessy Advisors Inc
California
$4.93M +$4.94M +388,400 New
PPA
16
Parametric Portfolio Associates
Washington
$4.83M +$1.43M +112,791 +42%
Deutsche Bank
17
Deutsche Bank
Germany
$4.51M +$3.9M +306,772 +628%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$4.47M +$1.58M +123,864 +54%
CS
19
Credit Suisse
Switzerland
$4.27M -$68.8K -5,411 -2%
BIM
20
Bogle Investment Management
Massachusetts
$4.26M -$1.58M -124,049 -27%
Northern Trust
21
Northern Trust
Illinois
$4.23M -$332K -26,094 -7%
Invesco
22
Invesco
Georgia
$3.89M +$757K +59,522 +24%
Morgan Stanley
23
Morgan Stanley
New York
$3.42M -$350K -27,507 -9%
Marshall Wace
24
Marshall Wace
United Kingdom
$2.85M +$2.85M +224,276 New
NI
25
Numeric Investors
Massachusetts
$2.66M -$515K -40,500 -16%

UVE Hedge Fund Activity: Q1 2014 in Review

112 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Universal Insurance Holdings (UVE) for Q1 2014, worth a combined $244M — up 26% from $194M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new UVE positions and 14 closed out — a net gain of 16 holders — while 31 added to existing stakes and 33 trimmed.

The largest buyer was Allianz Asset Management, opening a new position worth an estimated $21.2M. The largest seller was Two Sigma Investments, exiting entirely with an estimated $2.64M sold.

  • 112 institutional investors held Universal Insurance Holdings (UVE) as of Q1 2014, up from 96 in Q4 2013.
  • Funds reported $244M of Universal Insurance Holdings stock for Q1 2014, up 26% quarter-over-quarter.
  • 30 funds opened new Universal Insurance Holdings positions in Q1 2014 and 14 closed out, a net change of +16 holders.
  • The largest Universal Insurance Holdings buyer in Q1 2014 was Allianz Asset Management, an estimated $21.2M added.
  • The largest Universal Insurance Holdings seller in Q1 2014 was Two Sigma Investments, an estimated $2.64M sold.

Based on aggregated 13F filings for Q1 2014.