Conifer Holdings (CNFR)

• Market cap: $13.1M
• 1 day: -2.73%
• 5 days: -10.08%
• 1 month: -10.83%
• 3 months: 4.90%
• 6 months: 25.88%
• Year to date: -22.46%
• 1 year: -8.55%
• 5 years: -74.22%
• 10 years: -89.91%
• Sector: Financials
• Industry: Fire, Marine & Casualty Insurance

About: Conifer Holdings Inc is an insurance company engaged in the sale of property and casualty insurance products. It is engaged in three classes of insurance businesses namely commercial lines, personal lines, and wholesale agency business. Within these three businesses, the company offers various insurance products and insurance agency services. The company views the commercial and personal lines segments as underwriting business. The wholesale agency business provides non-risk bearing revenue through commissions and policy fees. Its revenues are derived from premiums earned from insurance operations.

Employees: 94

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

3.95% less ownership

Funds ownership: 6.81% [Q2] → 2.86% (-3.95%) [Q3]

21% less funds holding

Funds holding: 14 [Q2] → 11 (-3) [Q3]

25% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 4

39% less capital invested

Capital invested by funds: $629K [Q2] → $381K (-$249K) [Q3]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 3