White Mountains Insurance
193 hedge funds and large institutions have $2.66B invested in White Mountains Insurance in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 64 increasing their positions, 67 reducing their positions, and 27 closing their positions.
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
4% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 67
1.1% less ownership
Funds ownership: 83.86% → 82.76% (-1.1%)
6% less funds holding
Funds holding: 205 → 193 (-12)
20% less capital invested
Capital invested by funds: $3.33B → $2.66B (-$669M)
37% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$28.3M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$17.7M |
| 3 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$14.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$11M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$542M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$37.8M |
| 3 |
Jennison Associates
New York
|
-$33.2M |
| 4 |
JP Morgan Chase
New York
|
-$31.3M |
| 5 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$24M |
WTM Hedge Fund Activity: Q3 2017 in Review
193 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in White Mountains Insurance (WTM) for Q3 2017, worth a combined $2.66B — down 20% from $3.33B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of WTM and 17 opened new positions — a net loss of 10 holders — while 67 trimmed existing stakes and 64 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $28.3M. The largest seller was Franklin Resources, cutting an estimated $542M.
- 193 institutional investors held White Mountains Insurance (WTM) as of Q3 2017, down from 205 in Q2 2017.
- Funds reported $2.66B of White Mountains Insurance stock for Q3 2017, down 20% quarter-over-quarter.
- 17 funds opened new White Mountains Insurance positions in Q3 2017 and 27 closed out, a net change of -10 holders.
- The largest White Mountains Insurance buyer in Q3 2017 was T. Rowe Price Associates, an estimated $28.3M added.
- The largest White Mountains Insurance seller in Q3 2017 was Franklin Resources, an estimated $542M sold.
Based on aggregated 13F filings for Q3 2017.