Docoh
Loading...

WTM White Mountains Insurance

White Mountains Insurance Group is a diversified insurance and related financial services holding company based in Hamilton, Bermuda. Redomiciled from Delaware, United States, on October 25, 1999, the company conducts most of its business through its insurance subsidiaries and other affiliates. The company owned the automobile insurer Esurance before selling it to Allstate for $1 billion.

Company profile

Ticker
WTM
Exchange
CEO
George Rountree
Employees
Incorporated
Location
Fiscal year end
Former names
FUND AMERICAN ENTERPRISES HOLDINGS INC, WHITE MOUNTAINS INSURANCE GROUP INC
SEC CIK
IRS number
942708455

WTM stock data

(
)

Investment data

Data from SEC filings
1 long holdings
End of quarter 31 Dec 20
Value
 
#Shares
 
$802.19M 20.53M
Holdings list only includes long positions. Only includes long positions.

Calendar

29 Mar 21
13 Apr 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 211.2M 211.2M 211.2M 211.2M 211.2M 211.2M
Cash burn (monthly) 1.2M (positive/no burn) (positive/no burn) (positive/no burn) 24.27M 5.05M
Cash used (since last report) 4.13M n/a n/a n/a 83.56M 17.39M
Cash remaining 207.07M n/a n/a n/a 127.64M 193.81M
Runway (months of cash) 172.6 n/a n/a n/a 5.3 38.4

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
23 Mar 21 White Mountains Insurance Class A Common Stock Sell Dispose S Yes No 46 3,592,204 165.24M 16,939,998
17 Mar 21 Robert Lawrence Seelig Common Shares Gift Dispose G No No 0 45 0 13,725
25 Feb 21 Robert Lawrence Seelig Common Shares (restricted) Grant Aquire A No No 0 1,000 0 2,900
25 Feb 21 Reid Tarlton Campbell Common Shares (Restricted) Grant Aquire A No No 0 1,800 0 5,600
25 Feb 21 George Manning Rountree Common Shares (restricted) Grant Aquire A No No 0 2,700 0 8,400

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

86.3% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 229 216 +6.0%
Opened positions 42 34 +23.5%
Closed positions 29 22 +31.8%
Increased positions 50 56 -10.7%
Reduced positions 84 77 +9.1%
13F shares
Current Prev Q Change
Total value 2.68B 2.4B +11.5%
Total shares 2.67M 2.66M +0.5%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Vanguard 280.94K $281.13M +1.1%
Wellington Management 250.72K $250.89M +4.1%
Atlanta Capital Management Co L L C 200.49K $200.62M +5.9%
River Road Asset Management 161.4K $161.51M +30.1%
BLK Blackrock 136.58K $136.66M +2.9%
Dimensional Fund Advisors 135.92K $136.01M -1.5%
Boston Partners 132K $132.08M -0.1%
Nuance Investments 100.77K $100.83M -8.2%
Victory Capital Management 79.52K $79.57M -1.9%
London Co Of Virginia 72.81K $72.86M -1.9%
Largest transactions
Shares Bought/sold Change
Norges Bank 42.04K +42.04K NEW
River Road Asset Management 161.4K +37.31K +30.1%
Fiduciary Management 41.12K -22.31K -35.2%
WFC Wells Fargo & Co. 43.6K -18.25K -29.5%
Atlanta Capital Management Co L L C 200.49K +11.1K +5.9%
Wellington Management 250.72K +9.87K +4.1%
First Trust Advisors 9.17K +9.17K NEW
WHG Westwood 11.89K -9.06K -43.2%
Artisan Partners Limited Partnership 9.04K +9.04K NEW
Fenimore Asset Management 17.81K -8.97K -33.5%

Financial report summary

?
Competition
Assured GuarantyPuerto Rico
Management Discussion
  • Specialty Transportation: NSM’s specialty transportation controlled premium and commission and other revenues increased 7% and 10% in 2020, compared to 2019, driven primarily by rate increases and new business unit growth in the collector car and tow truck markets.
  • Real Estate: NSM’s real estate controlled premium and commission and other revenues increased 20% and 29% in 2020, compared to 2019, driven primarily by rate increases and strong retention rates in coverages for coastal condominium associations combined with rate increases and unit growth in the excess and surplus habitational program.
  • Social Services: NSM’s social services controlled premium and commission and other revenues both increased 12% in 2020, compared to 2019, driven primarily by rate increases and unit growth.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: absolute, affinity, aftermath, ahead, aircraft, alleviate, Ark, augmented, banker, Beaton, Bonnar, cap, carefully, CCPA, characterized, climate, contractor, coordinated, CPRA, Creation, cultivation, culture, curtailed, cyber, deed, delete, depository, disruption, downside, dramatic, dramatically, ease, economy, EJF, emanating, endorsement, equipment, Excellent, extreme, faster, feedback, fine, firmly, fluctuate, fluctuation, franchise, Frank, freelancer, GAIL, GDPR, guiding, Ian, inability, inaccurate, incorrect, infrastructure, intense, intensity, interconnectivity, IPO, Island, Kingfisher, Kingsbridge, Lafayette, leadership, Lincoln, Lloyd, MOIC, Neil, notification, pandemic, Pennybacker, pension, persistent, pre, pressure, proactively, promote, proportionally, PSC, Ranger, reaction, rebranded, referral, relieve, resign, resilient, retrocessional, rollover, safety, season, Sequoia, sharply, signature, Simple, slowdown, solicited, SPA, storm, strongly, studying, subscription, Suite, surge, terrorism, threat, toll, transposed, UK, unilateral, unpredictable, unwilling, USD, warranty, Warwick, weather, whichever, workforce, Zillion
Removed: accelerate, achieving, administered, aerospace, affiliate, agriculture, Alliance, assumption, automate, aviation, bidding, British, Bulletin, CEO, CFO, Clarifying, classification, Clayton, compensate, complexity, compromise, concentrated, defense, denied, depositary, determinable, disposed, Dubilier, education, efficiency, enactment, Enlightenment, Euro, exercised, extinguishment, fall, Fargo, FASB, fiscal, flexible, forced, foregoing, found, Franklin, Galvanic, Harvey, historic, HLM, home, Hurricane, implement, implementation, individual, industrial, injunctive, Intact, inured, inventory, Japanese, Journal, Lateef, Lone, LTH, mandate, manufacturing, media, merger, modification, motorcycle, national, obligated, OECD, Pound, preceding, programmatic, qualify, reached, ready, refinance, refundable, regional, relief, renter, rescission, restrictive, reversal, Rice, SAB, spend, SSIE, STA, Sterling, stipulated, strike, Symetra, syndicate, tangible, taxation, terminated, Topic, transition, Tree, Tuckerman, unregistered, utilization, wake, Western, Yen