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White Mountains Insurance

325 hedge funds and large institutions have $4.17B invested in White Mountains Insurance in 2025 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 103 increasing their positions, 112 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 26

1% more funds holding

Funds holding: 322325 (+3)

0.04% less ownership

Funds ownership: 90.18%90.15% (-0.04%)

8% less repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 112

6% less capital invested

Capital invested by funds: $4.44B → $4.17B (-$277M)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
325
Holders Change
+3
Holders Change %
+0.93%
% of All Funds
4.28%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.07%
New
33
Increased
103
Reduced
112
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Treasurer of the State of North Carolina
101
Treasurer of the State of North Carolina
North Carolina
$2.09M +$64K +36 +3%
AllianceBernstein
102
AllianceBernstein
Tennessee
$2.02M -$49.8K -28 -2%
Janus Henderson Group
103
Janus Henderson Group
United Kingdom
$2.01M
AGP
104
Autumn Glory Partners
Texas
$1.94M
State of New Jersey Common Pension Fund D
105
State of New Jersey Common Pension Fund D
New Jersey
$1.88M -$44.5K -25 -2%
OBAM
106
ODDO BHF Asset Management
France
$1.73M -$46.2K -26 -3%
GAM
107
Gotham Asset Management
New York
$1.72M +$1.71M +960 New
OSAM
108
O'Shaughnessy Asset Management
Connecticut
$1.69M -$210K -118 -11%
PFSRSONJ
109
Police & Firemen's Retirement System of New Jersey
New Jersey
$1.68M +$88.9K +50 +6%
BAM
110
Brave Asset Management
New Jersey
$1.66M
Ensign Peak Advisors
111
Ensign Peak Advisors
Utah
$1.62M -$178K -100 -10%
Corient Private Wealth
112
Corient Private Wealth
Florida
$1.52M +$301K +169 +25%
SFA
113
Sequoia Financial Advisors
Ohio
$1.49M +$7.11K +4 +0.5%
Ohio Public Employees Retirement System (OPERS)
114
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.45M +$28.5K +16 +2%
ET
115
Equitable Trust
Tennessee
$1.41M +$416K +234 +42%
EI
116
Ethic Inc
New York
$1.39M +$336K +189 +32%
CAPTRUST Financial Advisors
117
CAPTRUST Financial Advisors
North Carolina
$1.36M -$231K -130 -15%
ASRS
118
Arizona State Retirement System
Arizona
$1.35M +$24.9K +14 +2%
Mariner
119
Mariner
Kansas
$1.33M +$39.1K +22 +3%
Nisa Investment Advisors
120
Nisa Investment Advisors
Missouri
$1.31M +$1.78K +1 +0.1%
RFC
121
Regions Financial Corp
Alabama
$1.18M +$192K +108 +20%
PAS
122
Park Avenue Securities
New York
$1.14M +$1.13M +637 New
P
123
&Partners
Tennessee
$1.14M +$429K +241 +61%
MPPLM
124
Midwest Professional Planners Ltd (MPPL)
Wisconsin
$1.13M +$64K +36 +6%
Luther King Capital Management (LKCM)
125
Luther King Capital Management (LKCM)
Texas
$1.08M -$17.8K -10 -2%

WTM Hedge Fund Activity: Q2 2025 in Review

325 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in White Mountains Insurance (WTM) for Q2 2025, worth a combined $4.17B — down 6.2% from $4.44B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new WTM positions and 26 closed out — a net gain of 7 holders — while 103 added to existing stakes and 112 trimmed.

The largest buyer was Neuberger Berman Group, adding an estimated $47.7M. The largest seller was First Trust Advisors, cutting an estimated $30.7M.

  • 325 institutional investors held White Mountains Insurance (WTM) as of Q2 2025, up from 322 in Q1 2025.
  • Funds reported $4.17B of White Mountains Insurance stock for Q2 2025, down 6.2% quarter-over-quarter.
  • 33 funds opened new White Mountains Insurance positions in Q2 2025 and 26 closed out, a net change of +7 holders.
  • The largest White Mountains Insurance buyer in Q2 2025 was Neuberger Berman Group, an estimated $47.7M added.
  • The largest White Mountains Insurance seller in Q2 2025 was First Trust Advisors, an estimated $30.7M sold.

Based on aggregated 13F filings for Q2 2025.