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White Mountains Insurance

180 hedge funds and large institutions have $2.79B invested in White Mountains Insurance in 2013 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 73 increasing their positions, 60 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

22% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 60

2.05% more ownership

Funds ownership: 77.58%79.64% (+2.1%)

1% more capital invested

Capital invested by funds: $2.75B → $2.79B (+$36.8M)

2% less funds holding

Funds holding: 183180 (-3)

21% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 14

Holders
180
Holders Change
-3
Holders Change %
-1.64%
% of All Funds
5.84%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.29%
New
11
Increased
73
Reduced
60
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$816M -$474K -816 -0.1%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$178M -$2.9K -5 -0%
LCOV
3
London Company of Virginia
Virginia
$162M +$8.81M +15,164 +6%
TAM
4
Third Avenue Management
New York
$154M +$2.06M +3,551 +1%
Vanguard Group
5
Vanguard Group
Pennsylvania
$122M +$3.24M +5,573 +3%
Jennison Associates
6
Jennison Associates
New York
$118M +$378K +651 +0.3%
Principal Financial Group
7
Principal Financial Group
Iowa
$94.2M +$4.17M +7,188 +5%
Boston Partners
8
Boston Partners
Massachusetts
$89.7M -$658K -1,133 -0.7%
BIT
9
BlackRock Institutional Trust
California
$83.8M +$1.52M +2,617 +2%
AR
10
Advisory Research
Illinois
$82.1M -$350K -602 -0.4%
RRAM
11
River Road Asset Management
Kentucky
$76.7M -$598K -1,029 -0.8%
FAM
12
Fenimore Asset Management
New York
$49.1M -$14.5K -25 -0%
FAMT
13
Fenimore Asset Management Trust
New York
$49.1M +$50.3M +86,554 New
State Street
14
State Street
Massachusetts
$46.6M -$96.4K -166 -0.2%
Norges Bank
15
Norges Bank
Norway
$30M
Allianz Asset Management
16
Allianz Asset Management
Germany
$28.7M -$1.65M -2,833 -5%
PP
17
Prospector Partners
Connecticut
$28.4M
HIM
18
Hermes Investment Management
United Kingdom
$28.2M +$3.7M +6,363 +15%
WCM
19
Wallace Capital Management
Texas
$26.4M +$1.18M +2,035 +5%
BFA
20
BlackRock Fund Advisors
California
$26.2M +$900K +1,550 +3%
MAA
21
Managed Account Advisors
New Jersey
$20.9M +$2.39M +4,108 +13%
RP
22
Reinhart Partners
Wisconsin
$20.7M +$10.5M +18,048 +98%
GCM
23
GoodHaven Capital Management
New Jersey
$19.2M +$3.7M +6,380 +23%
CSC
24
Cove Street Capital
California
$19.2M +$401K +691 +2%
Ameriprise
25
Ameriprise
Minnesota
$18.5M +$170K +292 +0.9%

WTM Hedge Fund Activity: Q3 2013 in Review

180 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in White Mountains Insurance (WTM) for Q3 2013, worth a combined $2.79B — up 1.3% from $2.75B a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of WTM and 11 opened new positions — a net loss of 3 holders — while 60 trimmed existing stakes and 73 added.

The largest buyer was Reinhart Partners, adding an estimated $10.5M. The largest seller was Klingenstein Fields & Co, cutting an estimated $12.2M.

  • 180 institutional investors held White Mountains Insurance (WTM) as of Q3 2013, down from 183 in Q2 2013.
  • Funds reported $2.79B of White Mountains Insurance stock for Q3 2013, up 1.3% quarter-over-quarter.
  • 11 funds opened new White Mountains Insurance positions in Q3 2013 and 14 closed out, a net change of -3 holders.
  • The largest White Mountains Insurance buyer in Q3 2013 was Reinhart Partners, an estimated $10.5M added.
  • The largest White Mountains Insurance seller in Q3 2013 was Klingenstein Fields & Co, an estimated $12.2M sold.

Based on aggregated 13F filings for Q3 2013.