White Mountains Insurance
234 hedge funds and large institutions have $2.71B invested in White Mountains Insurance in 2020 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 52 increasing their positions, 86 reducing their positions, and 29 closing their positions.
41% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 29
29% more capital invested
Capital invested by funds: $2.1B → $2.71B (+$604M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
5% more funds holding
Funds holding: 223 → 234 (+11)
0.23% less ownership
Funds ownership: 87.23% → 87% (-0.23%)
40% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 86
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$35.1M |
| 2 |
CSC
Cove Street Capital
El Segundo,
California
|
+$21.3M |
| 3 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$10.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.28M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$8.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$21M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$17.2M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$8.51M |
| 4 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$8.44M |
| 5 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$8.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
E
251
Ergoteles
New York
| – | -$292K | -375 | Closed |
|
|
BAM
252
Blueshift Asset Management
Red Bank,
New Jersey
| – | -$287K | -369 | Closed |
|
|
ATC
253
Argent Trust Co
Nashville,
Tennessee
| – | -$273K | -350 | Closed |
|
|
XM
254
XTX Markets
New York
| – | -$255K | -327 | Closed |
|
255
Arrowstreet Capital
Boston,
Massachusetts
| – | -$234K | -300 | Closed |
|
256
Axa
Paris,
France
| – | -$234K | -300 | Closed |
|
|
BSW
257
Buckingham Strategic Wealth
Clayton,
Missouri
| – | -$213K | -273 | Closed |
|
|
IMRF
258
Illinois Municipal Retirement Fund
Oak Brook,
Illinois
| – | -$115K | -147 | Closed |
|
259
Twin Tree Management
Dallas,
Texas
| – | -$61K | -78 | Closed |
|
|
PWM
260
Provident Wealth Management
Brentwood,
Tennessee
| – | -$5K | -7 | Closed |
|
|
ZB
261
Zions Bancorporation
Salt Lake City,
Utah
| – | -$4K | -5 | Closed |
|
|
SSB
262
Sandy Spring Bank
Olney,
Maryland
| – | -$1K | -1 | Closed |
|
WTM Hedge Fund Activity: Q4 2020 in Review
234 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in White Mountains Insurance (WTM) for Q4 2020, worth a combined $2.71B — up 29% from $2.1B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new WTM positions and 29 closed out — a net gain of 12 holders — while 52 added to existing stakes and 86 trimmed.
The largest buyer was River Road Asset Management, adding an estimated $35.1M. The largest seller was Fiduciary Management Inc, cutting an estimated $21M.
- 234 institutional investors held White Mountains Insurance (WTM) as of Q4 2020, up from 223 in Q3 2020.
- Funds reported $2.71B of White Mountains Insurance stock for Q4 2020, up 29% quarter-over-quarter.
- 41 funds opened new White Mountains Insurance positions in Q4 2020 and 29 closed out, a net change of +12 holders.
- The largest White Mountains Insurance buyer in Q4 2020 was River Road Asset Management, an estimated $35.1M added.
- The largest White Mountains Insurance seller in Q4 2020 was Fiduciary Management Inc, an estimated $21M sold.
Based on aggregated 13F filings for Q4 2020.