Hagerty (HGTY)

• Market cap: $870M
• 1 day: -1.02%
• 5 days: 2.77%
• 1 month: -10.97%
• 3 months: -9.21%
• 6 months: -13.98%
• Year to date: -2.23%
• 1 year: 24.01%
• 5 years: -38.16%
• 10 years: -38.16%
• Sector: Financials
• Industry: Insurance Agents, Brokers & Service

About: Hagerty Inc is a provider of specialty automotive insurance. The company underwrites, sells, and services classic car and enthusiast vehicle insurance policies. Substantial revenue is derived from Commission and fees. Geographically it serves Europe, Canada, and the United States.

Employees: 1,732

Fund manager confidence

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

86% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 7

72% more call options, than puts

Call options by funds: $175K | Put options by funds: $102K

53% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 19

7% more funds holding

Funds holding: 73 [Q2] → 78 (+5) [Q3]

2% more capital invested

Capital invested by funds: $740M [Q2] → $752M (+$11.8M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

0.72% less ownership

Funds ownership: 83.0% [Q2] → 82.29% (-0.72%) [Q3]