white mountains insurance group, ltd., through its subsidiaries, provides insurance services in the united states. the company operates through four segments: hg global/bam, nsm, mediaalpha, kudu, and other operations. the hg global/bam segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services. the nsm segment operates as a general underwriting agency and program administrator for specialty property and casualty insurance to sectors, such as specialty transportation, social services, and real estate. the mediaalpha segment operates mediaalpha, a marketing technology that enables programmatic buying and selling of vertical specific, performance-based media between advertisers, and publishers through cost-per-click, cost-per-call, and cost-per-lead pricing models. the kudu segment provides capital solutions to asset managers and registered investment advisors for g

Company profile
Ticker
WTM
Exchange
Website
CEO
George Rountree
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FUND AMERICAN ENTERPRISES HOLDINGS INC, WHITE MOUNTAINS INSURANCE GROUP INC
SEC CIK
Corporate docs
Subsidiaries
ARK INSURANCE HOLDINGS LIMITED • GROUP ARK INSURANCE HOLDINGS LIMITED • GROUP ARK INSURANCE LIMITED • HG GLOBAL LTD • HG HOLDINGS LTD • HG RE LTD • HG SERVICES LTD • PSC HOLDINGS LTD. • WHITE MOUNTAINS INVESTMENTS (BERMUDA) LTD. • WM HINSON (BERMUDA) LTD ...
IRS number
942708455
WTM stock data
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
6 Nov 23
8-K
White Mountains Reports Third Quarter Results
6 Nov 23
8-K
White Mountains to Acquire a Majority Stake in Bamboo
20 Oct 23
10-Q
2023 Q2
Quarterly report
7 Aug 23
8-K
White Mountains Reports Second Quarter Results
7 Aug 23
SC TO-T/A
Third party tender offer statement (amended)
30 Jun 23
SC TO-T/A
Third party tender offer statement (amended)
27 Jun 23
8-K
Regulation FD Disclosure
6 Jun 23
SC TO-T
Third party tender offer statement
26 May 23
8-K
Submission of Matters to a Vote of Security Holders
25 May 23
Latest ownership filings
4
Michaela Hildreth
1 Dec 23
4/A
Weston M Hicks
20 Nov 23
4
Weston M Hicks
20 Nov 23
13F-HR
Quarterly holdings report by institutional manager
9 Nov 23
SC 13D/A
MediaAlpha, Inc.
2 Nov 23
13F-HR
Quarterly holdings report by institutional manager
10 Aug 23
SC 13D
MediaAlpha, Inc.
30 Jun 23
4
MediaAlpha, Inc.
30 Jun 23
11-K
Annual report of employee stock purchases
15 Jun 23
SC 13G/A
River Road Asset Management, LLC
8 Jun 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 162.80 mm | 162.80 mm | 162.80 mm | 162.80 mm | 162.80 mm | 162.80 mm |
Cash burn (monthly) | (no burn) | 6.91 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 15.93 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 146.87 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 21.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
87.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 261 |
Opened positions | 33 |
Closed positions | 21 |
Increased positions | 79 |
Reduced positions | 81 |
13F shares | Current |
---|---|
Total value | 3.33 tn |
Total shares | 2.24 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 253.39 k | $379.00 bn |
MS Morgan Stanley | 202.92 k | $303.51 bn |
Dimensional Fund Advisors | 160.49 k | $240.05 bn |
Fuller & Thaler Asset Management | 133.81 k | $200.14 bn |
River Road Asset Management | 127.77 k | $191.10 bn |
Boston Partners | 114.50 k | $170.74 bn |
BLK Blackrock | 111.44 k | $166.67 bn |
Wallace Capital Management | 82.15 k | $122.88 bn |
Wellington Management | 70.82 k | $105.93 bn |
London Co Of Virginia | 64.21 k | $96.04 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Dec 23 | Michaela Hildreth | Common Shares | Gift | Dispose G | No | No | 0 | 100 | 0.00 | 1,534 |
17 Nov 23 | Hicks Weston M | Common Shares | Buy | Acquire P | No | No | 1484.96 | 238 | 353.42 k | 2,306 |
17 Nov 23 | Hicks Weston M | Common Shares | Buy | Acquire P | No | No | 1483.43 | 11 | 16.32 k | 2,068 |
17 Nov 23 | Hicks Weston M | Common Shares | Buy | Acquire P | No | No | 1479.88 | 579 | 856.85 k | 2,057 |
17 Nov 23 | Hicks Weston M | Common Shares | Buy | Acquire P | No | No | 1476.74 | 120 | 177.21 k | 1,478 |
17 Nov 23 | Hicks Weston M | Common Shares | Buy | Acquire P | No | No | 1476.15 | 52 | 76.76 k | 1,358 |
30 Jun 23 | White Mountains Insurance | Class A Common Stock | Buy | Acquire P | Yes | No | 10 | 5,916,816 | 59.17 mm | 22,856,814 |
News
White Mountains Insurance Q3 EPS $9.19 Down From $306.93 YoY, Sales $519.60M Up From $383.20M YoY
7 Nov 23
White Mountains Takes Majority Stake In Bamboo Ide8 Insurance Services
20 Oct 23
Insurance Stocks Moving In Wednesday's Intraday Session
4 Oct 23
Insurance Stocks Moving In Monday's Intraday Session
2 Oct 23
Insurance Stocks Moving In Friday's Intraday Session
29 Sep 23