White Mountains 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 five areas: property and casualty insurance and reinsurance, municipal bond reinsurance, capital solutions for asset and wealth management firms, property and casualty insurance distribution, and other operations.
Employees: 893
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
31% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 26
1% more funds holding
Funds holding: 318 [Q1] → 322 (+4) [Q2]
1.22% more ownership
Funds ownership: 88.93% [Q1] → 90.15% (+1.22%) [Q2]
5% less capital invested
Capital invested by funds: $4.38B [Q1] → $4.17B (-$215M) [Q2]
6% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 110
29% less funds holding in top 10
Funds holding in top 10: 7 [Q1] → 5 (-2) [Q2]
Financial journalist opinion
