Third Point Reinsurance Ltd (TPRE) : Entrustpermal Management scooped up 4,288,588 additional shares in Third Point Reinsurance Ltd during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 4,829,988 shares of Third Point Reinsurance Ltd which is valued at $61,244,248.Third Point Reinsurance Ltd makes up approximately 29.53% of Entrustpermal Management’s portfolio.
Other Hedge Funds, Including , Wellington Management Group Llp sold out all of its stake in TPRE during the most recent quarter. The investment firm sold 446,295 shares of TPRE which is valued $5,659,021. Stevens Capital Management Lp added TPRE to its portfolio by purchasing 10,651 company shares during the most recent quarter which is valued at $135,055. Third Point Reinsurance Ltd makes up approx 0.01% of Stevens Capital Management Lp’s portfolio. Renaissance Technologies sold out all of its stake in TPRE during the most recent quarter. The investment firm sold 143,400 shares of TPRE which is valued $1,818,312. Simplex Trading added TPRE to its portfolio by purchasing 225 company shares during the most recent quarter which is valued at $2,797.
Third Point Reinsurance Ltd closed down -0.2 points or -1.54% at $12.82 with 2,52,188 shares getting traded on Thursday. Post opening the session at $12.99, the shares hit an intraday low of $12.73 and an intraday high of $12.99 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
Third Point Reinsurance Ltd. is a holding company. Through the Companys reinsurance subsidiaries it provides property and casualty reinsurance coverage to insurance and reinsurance companies. The Company operates through two segments: Property and Casualty Reinsurance and Catastrophe Risk Management. The Property and Casualty Reinsurance segment provides reinsurance products to insurance and reinsurance companies government entities and other risk bearing vehicles. The Catastrophe Risk Management segment is engaged in the underwriting of property catastrophe exposures. The Companys corporate function includes its investment results and certain general and administrative expenses related to corporate activities. The Companys investable assets are managed by its investment manager Third Point LLC.