White Mountains Insurance
WTM
223 hedge funds and large institutions have $2.1B invested in White Mountains Insurance in 2020 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 56 increasing their positions, 79 reducing their positions, and 19 closing their positions.
79% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 19
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
7% more funds holding
Funds holding: 208 → 223 (+15)
0.26% less ownership
Funds ownership: 87.5% → 87.23% (-0.26%)
13% less capital invested
Capital invested by funds: $2.42B → $2.1B (-$313M)
29% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$44.2M |
| 2 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$28.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$10.4M |
| 4 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$10.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$9.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$34M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$20.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$13.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$13M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.5M |
WTM Hedge Fund Activity: Q3 2020 in Review
223 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in White Mountains Insurance (WTM) for Q3 2020, worth a combined $2.1B — down 13% from $2.42B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new WTM positions and 19 closed out — a net gain of 15 holders — while 56 added to existing stakes and 79 trimmed.
The largest buyer was River Road Asset Management, adding an estimated $44.2M. The largest seller was Fiduciary Management Inc, cutting an estimated $34M.
- 223 institutional investors held White Mountains Insurance (WTM) as of Q3 2020, up from 208 in Q2 2020.
- Funds reported $2.1B of White Mountains Insurance stock for Q3 2020, down 13% quarter-over-quarter.
- 34 funds opened new White Mountains Insurance positions in Q3 2020 and 19 closed out, a net change of +15 holders.
- The largest White Mountains Insurance buyer in Q3 2020 was River Road Asset Management, an estimated $44.2M added.
- The largest White Mountains Insurance seller in Q3 2020 was Fiduciary Management Inc, an estimated $34M sold.
Based on aggregated 13F filings for Q3 2020.