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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
VOYA Investment Management
176
VOYA Investment Management
Georgia
$501K -$436K -245 -47%
Squarepoint
177
Squarepoint
New York
$501K +$148K +83 +42%
AI
178
Atria Investments
North Carolina
$483K -$605K -340 -56%
SRB
179
Shotwell Rutter Baer
Michigan
$482K
Cetera Investment Advisers
180
Cetera Investment Advisers
Illinois
$469K +$16K +9 +4%
Zurich Cantonal Bank
181
Zurich Cantonal Bank
Switzerland
$454K
State of Wisconsin Investment Board
182
State of Wisconsin Investment Board
Wisconsin
$435K -$37.3K -21 -8%
PTC
183
Petrus Trust Company
Texas
$427K +$423K +238 New
VPIM
184
Vanguard Personalized Indexing Management
California
$418K +$48K +27 +13%
AG
185
Algert Global
California
$418K
Universal-Beteiligungs- und Servicegesellschaft
186
Universal-Beteiligungs- und Servicegesellschaft
Germany
$413K +$124K +70 +44%
Wealth Enhancement Advisory Services
187
Wealth Enhancement Advisory Services
Minnesota
$412K +$103K +58 +34%
AIM
188
Athena Investment Management
California
$411K -$3.56K -2 -0.9%
AWS
189
Atria Wealth Solutions
New York
$411K +$32K +18 +9%
YMRC
190
Yorktown Management & Research Company
Virginia
$395K
PFM
191
Premier Fund Managers
United Kingdom
$395K +$393K +221 New
OWA
192
One Wealth Advisors
California
$386K
RWM
193
Ritholtz Wealth Management
New York
$384K -$39.1K -22 -9%
VWM
194
Venturi Wealth Management
Texas
$382K -$64K -36 -14%
WS
195
Wedbush Securities
California
$379K +$10.7K +6 +3%
PAG
196
Private Advisor Group
New Jersey
$379K -$5.34K -3 -1%
Deutsche Bank
197
Deutsche Bank
Germany
$377K -$199K -112 -35%
HVP
198
Hudson Value Partners
Florida
$370K
NRD
199
Nebula Research & Development
New York
$361K -$998K -561 -74%
EWM
200
Evercore Wealth Management
New York
$359K

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.