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Universal Insurance Holdings

138 hedge funds and large institutions have $395M invested in Universal Insurance Holdings in 2014 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 40 increasing their positions, 48 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

295% more call options, than puts

Call options by funds: $8.13M | Put options by funds: $2.06M

82% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 17

10% more funds holding

Funds holding: 125138 (+13)

1.34% more ownership

Funds ownership: 55.04%56.38% (+1.3%)

13% less capital invested

Capital invested by funds: $454M → $395M (-$59.5M)

17% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 48

Holders
138
Holders Change
+13
Holders Change %
+10.4%
% of All Funds
3.68%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
31
Increased
40
Reduced
48
Closed
17
Calls
$8.13M
Puts
$2.06M
Net Calls
+$6.07M
Net Calls Change
+$5.64M
Name Holding Trade Value Shares
Change
Change in
Stake
Allianz Asset Management
1
Allianz Asset Management
Germany
$41.4M +$381K +21,825 +1%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$36.6M +$297K +17,021 +1%
BFA
3
BlackRock Fund Advisors
California
$35.5M +$2.53M +144,983 +9%
LSV Asset Management
4
LSV Asset Management
Illinois
$30.1M +$1.48M +84,682 +6%
Vanguard Group
5
Vanguard Group
Pennsylvania
$26.5M -$613K -35,084 -3%
Morgan Stanley
6
Morgan Stanley
New York
$14.6M +$4.98M +284,922 +66%
State Street
7
State Street
Massachusetts
$10M +$87K +4,981 +1%
Invesco
8
Invesco
Georgia
$9.16M +$1.16M +66,601 +17%
HAI
9
Hennessy Advisors Inc
California
$8.23M +$489K +28,000 +7%
BIT
10
BlackRock Institutional Trust
California
$8.22M -$691K -39,535 -9%
New York State Common Retirement Fund
11
New York State Common Retirement Fund
New York
$7.62M -$2.91M -166,750 -31%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$7.4M -$983K -56,280 -13%
SFM
13
Systematic Financial Management
New Jersey
$7.38M -$3.36M -192,350 -35%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$7.16M -$451K -25,799 -7%
Northern Trust
15
Northern Trust
Illinois
$6.92M -$213K -12,208 -3%
AQR Capital Management
16
AQR Capital Management
Connecticut
$6.62M -$100K -5,749 -2%
PPA
17
Parametric Portfolio Associates
Washington
$6.09M -$1.08M -61,557 -17%
BIM
18
Bogle Investment Management
Massachusetts
$4.69M +$1.24M +70,731 +45%
NI
19
Numeric Investors
Massachusetts
$4.6M -$3.63M -207,625 -48%
Prudential Financial
20
Prudential Financial
New Jersey
$4.52M +$1.81M +103,800 +89%
MCM
21
McKinley Capital Management
Alaska
$4.38M +$3.74M +214,251 New
RFC
22
Russell Frank Company
Washington
$3.96M +$3.12M +178,788 +1,225%
BCM
23
Bridgeway Capital Management
Texas
$3.79M -$3.7M -211,700 -53%
First Trust Advisors
24
First Trust Advisors
Illinois
$3.65M -$174K -9,937 -5%
Principal Financial Group
25
Principal Financial Group
Iowa
$3.61M -$204K -11,657 -6%

UVE Hedge Fund Activity: Q4 2014 in Review

138 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Universal Insurance Holdings (UVE) for Q4 2014, worth a combined $395M — down 13% from $454M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new UVE positions and 17 closed out — a net gain of 14 holders — while 40 added to existing stakes and 48 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $4.98M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $207M sold.

  • 138 institutional investors held Universal Insurance Holdings (UVE) as of Q4 2014, up from 125 in Q3 2014.
  • Funds reported $395M of Universal Insurance Holdings stock for Q4 2014, down 13% quarter-over-quarter.
  • 31 funds opened new Universal Insurance Holdings positions in Q4 2014 and 17 closed out, a net change of +14 holders.
  • The largest Universal Insurance Holdings buyer in Q4 2014 was Morgan Stanley, an estimated $4.98M added.
  • The largest Universal Insurance Holdings seller in Q4 2014 was Americafirst Capital Management, an estimated $207M sold.

Based on aggregated 13F filings for Q4 2014.