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White Mountains Insurance

322 hedge funds and large institutions have $4.44B invested in White Mountains Insurance in 2025 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 103 increasing their positions, 107 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

1.58% more ownership

Funds ownership: 88.61%90.18% (+1.6%)

0% more capital invested

Capital invested by funds: $4.43B → $4.44B (+$12.4M)

0% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 26

1% less funds holding

Funds holding: 324322 (-2)

4% less repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 107

Holders
322
Holders Change
-2
Holders Change %
-0.62%
% of All Funds
4.32%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.09%
New
26
Increased
103
Reduced
107
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
26
First Trust Advisors
Illinois
$44.2M +$5.1M +2,709 +13%
Brown Advisory
27
Brown Advisory
Maryland
$42.5M -$649K -345 -2%
MAA
28
Mraz Amerine & Associates
California
$40M -$77.2K -41 -0.2%
Robeco Institutional Asset Management
29
Robeco Institutional Asset Management
Netherlands
$36.9M -$495K -263 -1%
SAM
30
Southeastern Asset Management
Tennessee
$35.6M -$1.43M -760 -4%
Northern Trust
31
Northern Trust
Illinois
$35.1M +$284K +151 +0.8%
Envestnet Asset Management
32
Envestnet Asset Management
Illinois
$33.3M +$1.61M +855 +5%
Victory Capital Management
33
Victory Capital Management
Texas
$31M +$8.55M +4,543 +39%
EP
34
Elkhorn Partners
Nebraska
$28.7M -$329K -175 -1%
WCM Investment Management
35
WCM Investment Management
California
$25.2M +$3M +1,594 +14%
Bank of New York Mellon
36
Bank of New York Mellon
New York
$24.2M -$56.5K -30 -0.2%
RA
37
Royce & Associates
New York
$22.3M -$1.35M -718 -6%
California Public Employees Retirement System
38
California Public Employees Retirement System
California
$22.2M -$1.71M -906 -7%
HKAM
39
Horizon Kinetics Asset Management
New York
$21.8M +$2.36M +1,256 +12%
UBS AM
40
UBS AM
Illinois
$21.7M +$2.23M +1,183 +12%
STCG
41
Speece Thorson Capital Group
Minnesota
$21.5M -$341K -181 -2%
Wells Fargo
42
Wells Fargo
California
$18M -$369K -196 -2%
GKIM
43
GW&K Investment Management
Massachusetts
$16.3M +$105K +56 +0.7%
AQR Capital Management
44
AQR Capital Management
Connecticut
$16.2M -$3.1M -1,648 -16%
TSW
45
Thompson Siegel & Walmsley
Virginia
$16M -$3.63M -1,929 -19%
N
46
Nuveen
North Carolina
$15M +$32K +17 +0.2%
PL
47
Perpetual Ltd
Australia
$14.9M -$3.58M -1,900 -20%
American Century Companies
48
American Century Companies
Missouri
$13.6M +$3.13M +1,661 +31%
Hotchkis & Wiley Capital Management
49
Hotchkis & Wiley Capital Management
California
$13.3M -$890K -473 -6%
APF
50
Alaska Permanent Fund
Alaska
$10.4M

WTM Hedge Fund Activity: Q1 2025 in Review

322 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in White Mountains Insurance (WTM) for Q1 2025, worth a combined $4.44B — up 0.28% from $4.43B a quarter earlier.

Fund positioning in WTM was balanced in Q1 2025: 26 funds opened new positions, 26 closed out, 103 added to existing stakes and 107 trimmed.

The largest buyer was Fiduciary Management Inc, adding an estimated $42.7M. The largest seller was Wellington Management Group, cutting an estimated $46.1M.

  • 322 institutional investors held White Mountains Insurance (WTM) as of Q1 2025, down from 324 in Q4 2024.
  • Funds reported $4.44B of White Mountains Insurance stock for Q1 2025, up 0.28% quarter-over-quarter.
  • 26 funds opened new White Mountains Insurance positions in Q1 2025 and 26 closed out, a net change of 0 holders.
  • The largest White Mountains Insurance buyer in Q1 2025 was Fiduciary Management Inc, an estimated $42.7M added.
  • The largest White Mountains Insurance seller in Q1 2025 was Wellington Management Group, an estimated $46.1M sold.

Based on aggregated 13F filings for Q1 2025.