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White Mountains Insurance

200 hedge funds and large institutions have $3.5B invested in White Mountains Insurance in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 42 increasing their positions, 97 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 14

2% more funds holding

Funds holding: 196200 (+4)

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

5% less capital invested

Capital invested by funds: $3.68B → $3.5B (-$180M)

1.13% less ownership

Funds ownership: 83.23%82.1% (-1.1%)

57% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 97

Holders
200
Holders Change
+4
Holders Change %
+2.04%
% of All Funds
5.34%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.27%
New
21
Increased
42
Reduced
97
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$870M -$274M -335,505 -25%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$256M -$22.2M -27,232 -8%
Vanguard Group
3
Vanguard Group
Pennsylvania
$241M -$22.2M -27,247 -9%
LCOV
4
London Company of Virginia
Virginia
$172M -$5.96M -7,303 -3%
Fuller & Thaler Asset Management
5
Fuller & Thaler Asset Management
California
$136M +$21.8M +26,695 +20%
Principal Financial Group
6
Principal Financial Group
Iowa
$127M -$2.84M -3,480 -2%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$119M -$450K -551 -0.4%
BIT
8
BlackRock Institutional Trust
California
$114M -$9.11M -11,172 -8%
Jennison Associates
9
Jennison Associates
New York
$113M -$16.9M -20,718 -13%
Boston Partners
10
Boston Partners
Massachusetts
$107M -$3.17M -3,881 -3%
WCM
11
Wallace Capital Management
Texas
$77.2M +$974K +1,194 +1%
FAM
12
Fenimore Asset Management
New York
$58.5M -$42.4K -52 -0.1%
TAM
13
Third Avenue Management
New York
$57.6M -$3.24M -3,969 -5%
RRAM
14
River Road Asset Management
Kentucky
$57.1M -$7.84M -9,607 -12%
State Street
15
State Street
Massachusetts
$50.5M -$5.75M -7,047 -11%
Bank of America
16
Bank of America
North Carolina
$44.5M -$3.98M -4,881 -8%
BFA
17
BlackRock Fund Advisors
California
$38.9M -$4.55M -5,581 -11%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$38.6M +$264K +324 +0.7%
ACM
19
Atlanta Capital Management
Georgia
$37.8M +$4.02M +4,925 +12%
RP
20
Reinhart Partners
Wisconsin
$34.6M -$912K -1,118 -3%
SI
21
Scout Investments
Missouri
$32M -$7.31M -8,963 -19%
CC
22
Cannell & Co
New York
$32M -$142K -174 -0.5%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$27.8M -$2.33M -2,861 -8%
Wells Fargo
24
Wells Fargo
California
$27.4M +$782K +958 +3%
TSW
25
Thompson Siegel & Walmsley
Virginia
$26.4M -$803K -984 -3%

WTM Hedge Fund Activity: Q2 2016 in Review

200 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in White Mountains Insurance (WTM) for Q2 2016, worth a combined $3.5B — down 4.9% from $3.68B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new WTM positions and 14 closed out — a net gain of 7 holders — while 42 added to existing stakes and 97 trimmed.

The largest buyer was Fuller & Thaler Asset Management, adding an estimated $21.8M. The largest seller was Franklin Resources, cutting an estimated $274M.

  • 200 institutional investors held White Mountains Insurance (WTM) as of Q2 2016, up from 196 in Q1 2016.
  • Funds reported $3.5B of White Mountains Insurance stock for Q2 2016, down 4.9% quarter-over-quarter.
  • 21 funds opened new White Mountains Insurance positions in Q2 2016 and 14 closed out, a net change of +7 holders.
  • The largest White Mountains Insurance buyer in Q2 2016 was Fuller & Thaler Asset Management, an estimated $21.8M added.
  • The largest White Mountains Insurance seller in Q2 2016 was Franklin Resources, an estimated $274M sold.

Based on aggregated 13F filings for Q2 2016.