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Universal Insurance Holdings

148 hedge funds and large institutions have $375M invested in Universal Insurance Holdings in 2023 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 28 increasing their positions, 62 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

325% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 8

127% more call options, than puts

Call options by funds: $3.78M | Put options by funds: $1.67M

89% more capital invested

Capital invested by funds: $198M → $375M (+$177M)

20% more funds holding

Funds holding: 123148 (+25)

0.22% more ownership

Funds ownership: 67.69%67.9% (+0.22%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

55% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 62

Holders
148
Holders Change
+25
Holders Change %
+20.33%
% of All Funds
2.36%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
34
Increased
28
Reduced
62
Closed
8
Calls
$3.78M
Puts
$1.67M
Net Calls
+$2.12M
Net Calls Change
+$1.58M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$79.8M -$1.44M -97,362 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$34.6M +$169K +11,410 +0.6%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$32.9M -$1.72M -116,096 -6%
State Street
4
State Street
Massachusetts
$22.3M +$105K +7,093 +0.6%
DSC
5
Donald Smith & Co
New York
$21.7M -$1.86M -125,746 -10%
LSV Asset Management
6
LSV Asset Management
Illinois
$17.9M -$3.04M -205,551 -17%
Invesco
7
Invesco
Georgia
$10.9M -$40.6K -2,743 -0.5%
RH
8
RenaissanceRe Holdings
Bermuda
$10.6M
Geode Capital Management
9
Geode Capital Management
Massachusetts
$9.28M +$154K +10,386 +2%
Charles Schwab
10
Charles Schwab
California
$8.95M -$6.39K -432 -0.1%
RIP
11
Rhino Investment Partners
Pennsylvania
$7.43M -$851K -57,579 -12%
Morgan Stanley
12
Morgan Stanley
New York
$7.22M +$1.4M +94,439 +31%
Jacobs Levy Equity Management
13
Jacobs Levy Equity Management
New Jersey
$6.9M +$232K +15,709 +4%
BCM
14
Bridgeway Capital Management
Texas
$5.61M -$2.4M -162,480 -35%
Northern Trust
15
Northern Trust
Illinois
$5.09M +$89.2K +6,036 +2%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$4.66M -$14.7K -994 -0.4%
AQR Capital Management
17
AQR Capital Management
Connecticut
$3.96M -$2.87M -194,094 -47%
Millennium Management
18
Millennium Management
New York
$3.87M +$1.68M +113,863 +116%
Marshall Wace
19
Marshall Wace
United Kingdom
$3.55M +$2.88M +195,064 New
ACH
20
ArrowMark Colorado Holdings
Colorado
$3.39M +$2.75M +186,000 New
Two Sigma Advisers
21
Two Sigma Advisers
New York
$3.15M +$272K +18,400 +12%
Principal Financial Group
22
Principal Financial Group
Iowa
$3.02M -$38.5K -2,607 -2%
EI
23
EAM Investors
California
$2.98M +$2.42M +163,481 New
Two Sigma Investments
24
Two Sigma Investments
New York
$2.75M +$1.06M +71,757 +91%
Nordea Investment Management
25
Nordea Investment Management
Sweden
$2.74M -$487K -32,919 -18%

UVE Hedge Fund Activity: Q1 2023 in Review

148 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Universal Insurance Holdings (UVE) for Q1 2023, worth a combined $375M — up 89% from $198M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new UVE positions and 8 closed out — a net gain of 26 holders — while 28 added to existing stakes and 62 trimmed.

The largest buyer was Marshall Wace, opening a new position worth an estimated $2.88M. The largest seller was LSV Asset Management, cutting an estimated $3.04M.

  • 148 institutional investors held Universal Insurance Holdings (UVE) as of Q1 2023, up from 123 in Q4 2022.
  • Funds reported $375M of Universal Insurance Holdings stock for Q1 2023, up 89% quarter-over-quarter.
  • 34 funds opened new Universal Insurance Holdings positions in Q1 2023 and 8 closed out, a net change of +26 holders.
  • The largest Universal Insurance Holdings buyer in Q1 2023 was Marshall Wace, an estimated $2.88M added.
  • The largest Universal Insurance Holdings seller in Q1 2023 was LSV Asset Management, an estimated $3.04M sold.

Based on aggregated 13F filings for Q1 2023.