White Mountains Insurance (WTM)

• Market cap: $4.96B
• 1 day: 2.45%
• 5 days: 0.59%
• 1 month: -0.72%
• 3 months: 12.01%
• 6 months: 4.78%
• Year to date: 27.88%
• 1 year: 33.87%
• 5 years: 72.83%
• 10 years: 204.06%
• Sector: Financials
• Industry: Fire, Marine & Casualty Insurance

About: White Mountains Insurance Group Ltd is engaged in the business of making opportunistic and value-oriented acquisitions of businesses and assets in the insurance, financial services, and related sectors, operating these businesses and assets through its subsidiaries and, if and when attractive exit valuations become available, disposing of these businesses and assets. The company conducts its business in four areas: municipal bond insurance, property and casualty insurance and reinsurance, capital solutions for asset and wealth management firms, and other operations. White Mountains's municipal bond insurance business is conducted through its subsidiary.

Employees: 782

Fund manager confidence

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

27% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 83

1% less funds holding

Funds holding: 304 [Q2] → 302 (-2) [Q3]

6% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 31

10.85% less ownership

Funds ownership: 97.04% [Q2] → 86.19% (-10.85%) [Q3]

18% less capital invested

Capital invested by funds: $4.53B [Q2] → $3.73B (-$805M) [Q3]

29% less funds holding in top 10

Funds holding in top 10: 7 [Q2] → 5 (-2) [Q3]