White Mountains Insurance
186 hedge funds and large institutions have $3.12B invested in White Mountains Insurance in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 66 increasing their positions, 59 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
12% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 59
12% more capital invested
Capital invested by funds: $2.79B → $3.12B (+$328M)
4.08% more ownership
Funds ownership: 79.64% → 83.72% (+4.1%)
3% more funds holding
Funds holding: 180 → 186 (+6)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$117M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$19.8M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$12.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$5.07M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$5.01M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$3.53M |
| 4 |
Jennison Associates
New York
|
-$3.37M |
| 5 |
HK
Horizon Kinetics
New York
|
-$3M |
WTM Hedge Fund Activity: Q4 2013 in Review
186 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in White Mountains Insurance (WTM) for Q4 2013, worth a combined $3.12B — up 12% from $2.79B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new WTM positions and 10 closed out — a net gain of 8 holders — while 66 added to existing stakes and 59 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $117M. The largest seller was Boston Partners, cutting an estimated $5.07M.
- 186 institutional investors held White Mountains Insurance (WTM) as of Q4 2013, up from 180 in Q3 2013.
- Funds reported $3.12B of White Mountains Insurance stock for Q4 2013, up 12% quarter-over-quarter.
- 18 funds opened new White Mountains Insurance positions in Q4 2013 and 10 closed out, a net change of +8 holders.
- The largest White Mountains Insurance buyer in Q4 2013 was Hotchkis & Wiley Capital Management, an estimated $117M added.
- The largest White Mountains Insurance seller in Q4 2013 was Boston Partners, an estimated $5.07M sold.
Based on aggregated 13F filings for Q4 2013.