White Mountains Insurance
304 hedge funds and large institutions have $4.06B invested in White Mountains Insurance in 2024 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 91 increasing their positions, 96 reducing their positions, and 26 closing their positions.
50% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 26
19% more capital invested
Capital invested by funds: $3.42B → $4.06B (+$633M)
3% more funds holding
Funds holding: 295 → 304 (+9)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.47% less ownership
Funds ownership: 88.81% → 88.34% (-0.47%)
5% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Cannell & Spears
New York
|
+$50.7M |
| 2 |
Select Equity Group
New York
|
+$33.3M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$11.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$9.95M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$6.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$20.9M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$13M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.7M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$6.86M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$6.42M |
WTM Hedge Fund Activity: Q1 2024 in Review
304 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in White Mountains Insurance (WTM) for Q1 2024, worth a combined $4.06B — up 19% from $3.42B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new WTM positions and 26 closed out — a net gain of 13 holders — while 91 added to existing stakes and 96 trimmed.
The largest buyer was Cannell & Spears, opening a new position worth an estimated $50.7M. The largest seller was Morgan Stanley, cutting an estimated $20.9M.
- 304 institutional investors held White Mountains Insurance (WTM) as of Q1 2024, up from 295 in Q4 2023.
- Funds reported $4.06B of White Mountains Insurance stock for Q1 2024, up 19% quarter-over-quarter.
- 39 funds opened new White Mountains Insurance positions in Q1 2024 and 26 closed out, a net change of +13 holders.
- The largest White Mountains Insurance buyer in Q1 2024 was Cannell & Spears, an estimated $50.7M added.
- The largest White Mountains Insurance seller in Q1 2024 was Morgan Stanley, an estimated $20.9M sold.
Based on aggregated 13F filings for Q1 2024.