White Mountains Insurance
245 hedge funds and large institutions have $2.6B invested in White Mountains Insurance in 2019 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 67 increasing their positions, 85 reducing their positions, and 18 closing their positions.
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
9% more capital invested
Capital invested by funds: $2.37B → $2.6B (+$224M)
1.5% more ownership
Funds ownership: 87.01% → 88.52% (+1.5%)
1% more funds holding
Funds holding: 243 → 245 (+2)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
21% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$23M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$12.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.9M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$10.7M |
| 5 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$7.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$8.88M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$7.33M |
| 3 |
VRS
Virginia Retirement Systems
Richmond,
Virginia
|
-$7.29M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$6.23M |
| 5 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$3.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIM
251
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$807K | -941 | Closed |
|
|
VF
252
Virtu Financial
New York
| – | -$713K | -832 | Closed |
|
|
JG
253
Jefferies Group
New York
| – | -$591K | -689 | Closed |
|
254
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$459K | -535 | Closed |
|
|
QCM
255
Quantinno Capital Management
New York
| – | -$429K | -500 | Closed |
|
|
HI
256
HBK Investments
Dallas,
Texas
| – | -$257K | -300 | Closed |
|
257
D.E. Shaw & Co
New York
| – | -$243K | -283 | Closed |
|
|
TSS
258
Two Sigma Securities
New York
| – | -$214K | -250 | Closed |
|
259
Public Employees Retirement Association of Colorado
Denver,
Colorado
| – | -$96K | -112 | Closed |
|
|
IA
260
IFP Advisors
Tampa,
Florida
| – | -$82K | -96 | Closed |
|
|
MWNA
261
Marshall Wace North America
New York
| – | -$63K | -74 | Closed |
|
|
MPWT
262
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$5.15K | -6 | Closed |
|
|
MOS
263
MGO One Seven
Beachwood,
Ohio
| – | -$4K | -5 | Closed |
|
WTM Hedge Fund Activity: Q1 2019 in Review
245 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in White Mountains Insurance (WTM) for Q1 2019, worth a combined $2.6B — up 9.4% from $2.37B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new WTM positions and 18 closed out — a net gain of 5 holders — while 67 added to existing stakes and 85 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $23M. The largest seller was Goldman Sachs, cutting an estimated $8.88M.
- 245 institutional investors held White Mountains Insurance (WTM) as of Q1 2019, up from 243 in Q4 2018.
- Funds reported $2.6B of White Mountains Insurance stock for Q1 2019, up 9.4% quarter-over-quarter.
- 23 funds opened new White Mountains Insurance positions in Q1 2019 and 18 closed out, a net change of +5 holders.
- The largest White Mountains Insurance buyer in Q1 2019 was Wellington Management Group, an estimated $23M added.
- The largest White Mountains Insurance seller in Q1 2019 was Goldman Sachs, an estimated $8.88M sold.
Based on aggregated 13F filings for Q1 2019.