Latest NEW VERNON INVESTMENT MANAGEMENT LLC Stock Portfolio
NEW VERNON INVESTMENT MANAGEMENT LLC Performance:
2024 Q3: 5.41%YTD: 21.53%2023: 8.89%
Performance for 2024 Q3 is 5.41%, and YTD is 21.53%, and 2023 is 8.89%.
About NEW VERNON INVESTMENT MANAGEMENT LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, NEW VERNON INVESTMENT MANAGEMENT LLC reported an equity portfolio of $92.9 Millions as of 30 Sep, 2024.
The top stock holdings of NEW VERNON INVESTMENT MANAGEMENT LLC are PGR, ACGL, HIG. The fund has invested 9.6% of it's portfolio in PROGRESSIVE CORP and 8.6% of portfolio in ARCH CAP GROUP LTD.
The fund managers got completely rid off PRUDENTIAL FINL INC (PRU), ESSENT GROUP LTD (ESNT) and VISA INC (V) stocks. They significantly reduced their stock positions in COREBRIDGE FINL INC (CRBG). NEW VERNON INVESTMENT MANAGEMENT LLC opened new stock positions in LINCOLN NATL CORP IND (LNC), PALOMAR HLDGS INC (PLMR) and BOWHEAD SPECIALTY HLDGS INC. The fund showed a lot of confidence in some stocks as they added substantially to HAMILTON INSURANCE GROUP LTD, GALLAGHER ARTHUR J & CO (AJG) and AMERICAN INTL GROUP INC (AIG).
The top stock holdings of NEW VERNON INVESTMENT MANAGEMENT LLC are PGR, ACGL, HIG. The fund has invested 9.6% of it's portfolio in PROGRESSIVE CORP and 8.6% of portfolio in ARCH CAP GROUP LTD.
The fund managers got completely rid off PRUDENTIAL FINL INC (PRU), ESSENT GROUP LTD (ESNT) and VISA INC (V) stocks. They significantly reduced their stock positions in COREBRIDGE FINL INC (CRBG). NEW VERNON INVESTMENT MANAGEMENT LLC opened new stock positions in LINCOLN NATL CORP IND (LNC), PALOMAR HLDGS INC (PLMR) and BOWHEAD SPECIALTY HLDGS INC. The fund showed a lot of confidence in some stocks as they added substantially to HAMILTON INSURANCE GROUP LTD, GALLAGHER ARTHUR J & CO (AJG) and AMERICAN INTL GROUP INC (AIG).
NEW VERNON INVESTMENT MANAGEMENT LLC Annual Return Estimates Vs S&P 500
Our best estimate is that NEW VERNON INVESTMENT MANAGEMENT LLC made a return of 5.41% in the last quarter. In trailing 12 months, it's portfolio return was 27.4%.
New Buys
| Ticker | $ Bought |
|---|---|
| lincoln natl corp ind | 3,508,260 |
| palomar hldgs inc | 834,989 |
| bowhead specialty hldgs inc | 127,446 |
New stocks bought by NEW VERNON INVESTMENT MANAGEMENT LLC
Additions
| Ticker | % Inc. |
|---|---|
| hamilton insurance group ltd | 603 |
| gallagher arthur j & co | 100 |
| american intl group inc | 92.46 |
| hartford finl svcs group inc | 50.00 |
| berkley w r corp | 50.00 |
| progressive corp | 36.38 |
| equitable hldgs inc | 7.75 |
Additions to existing portfolio by NEW VERNON INVESTMENT MANAGEMENT LLC
Reductions
| Ticker | % Reduced |
|---|---|
| corebridge finl inc | -27.31 |
NEW VERNON INVESTMENT MANAGEMENT LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| essent group ltd | -2,220,570 |
| prudential finl inc | -3,873,480 |
| visa inc | -572,185 |
NEW VERNON INVESTMENT MANAGEMENT LLC got rid off the above stocks
Sector Distribution
NEW VERNON INVESTMENT MANAGEMENT LLC has about 73% of it's holdings in Financial Services sector.
| Sector | % |
|---|---|
| Financial Services | 73 |
| Others | 9.5 |
| Technology | 6 |
| Consumer Cyclical | 3.5 |
| Energy | 3 |
| Healthcare | 2.3 |
| Industrials | 1.3 |
| Communication Services | 1.3 |
Market Cap. Distribution
NEW VERNON INVESTMENT MANAGEMENT LLC has about 84.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 74 |
| MEGA-CAP | 10.7 |
| UNALLOCATED | 9.5 |
| MID-CAP | 5.8 |
Stocks belong to which Index?
About 74.8% of the stocks held by NEW VERNON INVESTMENT MANAGEMENT LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 72.8 |
| Others | 25.3 |
| RUSSELL 2000 | 2 |
NEW VERNON INVESTMENT MANAGEMENT LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of NEW VERNON INVESTMENT MANAGEMENT LLC
NEW VERNON INVESTMENT MANAGEMENT LLC has 39 stocks in it's portfolio. About 59.6% of the portfolio is in top 10 stocks. WRB proved to be the most loss making stock for the portfolio. PGR was the most profitable stock for NEW VERNON INVESTMENT MANAGEMENT LLC last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ABT | abbott labs | 0.73 | 5,918 | 674,711 | unchanged | 0.00 | ||
| ACGL | arch cap group ltd | 8.62 | 71,542 | 8,004,120 | unchanged | 0.00 | ||
| AIG | american intl group inc | 6.88 | 87,312 | 6,393,860 | added | 92.46 | ||
| AJG | gallagher arthur j & co | 7.35 | 24,282 | 6,832,230 | added | 100 | ||
| AMZN | amazon com inc | 0.96 | 4,809 | 896,061 | unchanged | 0.00 | ||
| AVGO | broadcom inc | 2.04 | 11,000 | 1,897,500 | unchanged | 0.00 | ||
| BX | blackstone inc | 2.18 | 13,201 | 2,021,470 | unchanged | 0.00 | ||
| CB | chubb limited | 4.37 | 14,071 | 4,057,940 | unchanged | 0.00 | ||
| CRBG | corebridge finl inc | 3.68 | 117,396 | 3,423,270 | reduced | -27.31 | ||
| EPD | enterprise prods partners l | 0.51 | 16,271 | 473,649 | unchanged | 0.00 | ||
| EQH | equitable hldgs inc | 3.73 | 82,488 | 3,466,970 | added | 7.75 | ||
| ESNT | essent group ltd | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| FDX | fedex corp | 0.47 | 1,600 | 437,888 | unchanged | 0.00 | ||
| GOOG | alphabet inc | 1.30 | 7,200 | 1,203,770 | unchanged | 0.00 | ||
| HD | home depot inc | 1.09 | 2,500 | 1,013,000 | unchanged | 0.00 | ||
| HIG | hartford finl svcs group inc | 7.54 | 59,524 | 7,000,620 | added | 50.00 | ||
| IGIC | intl gnrl insurance hldngs l | 1.62 | 79,023 | 1,501,440 | unchanged | 0.00 | ||
| JPM | jpmorgan chase & co | 0.96 | 4,253 | 896,788 | unchanged | 0.00 | ||
| LNC | lincoln natl corp ind | 3.78 | 111,338 | 3,508,260 | new | |||
| MDT | medtronic plc | 0.71 | 7,313 | 658,389 | unchanged | 0.00 | ||