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White Mountains Insurance

243 hedge funds and large institutions have $2.37B invested in White Mountains Insurance in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 78 increasing their positions, 84 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 22

2% more funds holding

Funds holding: 239243 (+4)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0.22% less ownership

Funds ownership: 87.24%87.01% (-0.22%)

7% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 84

9% less capital invested

Capital invested by funds: $2.6B → $2.37B (-$223M)

Holders
243
Holders Change
+4
Holders Change %
+1.67%
% of All Funds
5.41%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
26
Increased
78
Reduced
84
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$245M +$5.38M +6,035 +2%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$192M -$860K -965 -0.4%
Boston Partners
3
Boston Partners
Massachusetts
$150M +$11.3M +12,696 +8%
BlackRock
4
BlackRock
New York
$124M +$5.24M +5,877 +4%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$104M +$1.38M +1,552 +1%
FMI
6
Fiduciary Management Inc
Wisconsin
$104M +$8.81M +9,888 +9%
Victory Capital Management
7
Victory Capital Management
Texas
$92.6M +$3.75M +4,205 +4%
ACM
8
Atlanta Capital Management
Georgia
$76.3M +$9.91M +11,120 +14%
WCM
9
Wallace Capital Management
Texas
$71.2M +$521K +585 +0.7%
Goldman Sachs
10
Goldman Sachs
New York
$70.7M -$7.23M -8,112 -9%
LCOV
11
London Company of Virginia
Virginia
$69.6M -$4.18M -4,691 -5%
Fuller & Thaler Asset Management
12
Fuller & Thaler Asset Management
California
$63.8M -$20.5M -23,043 -24%
RRAM
13
River Road Asset Management
Kentucky
$57.8M -$8.28M -9,291 -12%
Wells Fargo
14
Wells Fargo
California
$53.4M +$26.7M +29,957 +93%
State Street
15
State Street
Massachusetts
$46.3M -$928K -1,041 -2%
Northern Trust
16
Northern Trust
Illinois
$45.7M -$3.01M -3,379 -6%
RP
17
Reinhart Partners
Wisconsin
$34.5M -$1.42M -1,590 -4%
CC
18
Cannell & Co
New York
$33.1M +$1.29M +1,446 +4%
BAM
19
Burgundy Asset Management
Ontario, Canada
$31.1M +$380K +426 +1%
Capital World Investors
20
Capital World Investors
California
$28.3M
Geode Capital Management
21
Geode Capital Management
Massachusetts
$26.6M +$2.72M +3,055 +11%
Norges Bank
22
Norges Bank
Norway
$25.9M +$985K +1,105 +4%
Robeco Institutional Asset Management
23
Robeco Institutional Asset Management
Netherlands
$25.2M +$12.3M +13,843 +89%
Federated Hermes
24
Federated Hermes
Pennsylvania
$24.9M +$734K +824 +3%
MAA
25
Mraz Amerine & Associates
California
$24.3M +$102K +114 +0.4%

WTM Hedge Fund Activity: Q4 2018 in Review

243 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in White Mountains Insurance (WTM) for Q4 2018, worth a combined $2.37B — down 8.6% from $2.6B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new WTM positions and 22 closed out — a net gain of 4 holders — while 78 added to existing stakes and 84 trimmed.

The largest buyer was Wells Fargo, adding an estimated $26.7M. The largest seller was Third Avenue Management, exiting entirely with an estimated $26.8M sold.

  • 243 institutional investors held White Mountains Insurance (WTM) as of Q4 2018, up from 239 in Q3 2018.
  • Funds reported $2.37B of White Mountains Insurance stock for Q4 2018, down 8.6% quarter-over-quarter.
  • 26 funds opened new White Mountains Insurance positions in Q4 2018 and 22 closed out, a net change of +4 holders.
  • The largest White Mountains Insurance buyer in Q4 2018 was Wells Fargo, an estimated $26.7M added.
  • The largest White Mountains Insurance seller in Q4 2018 was Third Avenue Management, an estimated $26.8M sold.

Based on aggregated 13F filings for Q4 2018.