KINSALE CAP GROUP INC KNSL
COM · Common Stock · CUSIP 49714P108 · ISIN US49714P1084
- SectorFinancials
- IndustryFire, Marine & Casualty Insurance
- HeadquartersRichmond, VA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($93.9m this quarter). Holder counts are more reliable. Shares outstanding: 23.3m as of 2024-07-19, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $385.30. Options: 9 managers hold calls ($31.0m notional), 12 hold puts ($30.6m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 347 |
| Q4 2022 | 386 |
| Q1 2023 | 390 |
| Q2 2023 | 434 |
| Q3 2023 | 451 |
| Q4 2023 | 483 |
| Q1 2024 | 538 |
| Q2 2024 | 517 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 180 | 162 |
| Q1 2023 | 198 | 181 |
| Q2 2023 | 206 | 185 |
| Q3 2023 | 201 | 215 |
| Q4 2023 | 234 | 226 |
| Q1 2024 | 264 | 249 |
| Q2 2024 | 277 | 254 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $60.5m | $48.8m | 0.81 |
| Q4 2023 | $65.1m | $28.1m | 0.43 |
| Q1 2024 | $54.4m | $37.8m | 0.70 |
| Q2 2024 | $31.0m | $30.6m | 0.99 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +255.7k |
| Champlain Investment Partners, LLC | Added | +114.6k |
| DAVENPORT & Co LLC | Added | +111.2k |
| Spyglass Capital Management LLC | New | +89.7k |
| JANUS HENDERSON GROUP PLC | Added | +76.0k |
| Artemis Investment Management LLP | New | +66.1k |
| TURTLE CREEK ASSET MANAGEMENT INC. | Added | +65.6k |
| Prime Capital Management Co Ltd | Added | +55.1k |
| Stephens Investment Management Group LLC | Added | +53.8k |
| FMR LLC | Added | +53.6k |
Biggest sellers
| MORGAN STANLEY | Reduced | -639.5k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -349.7k |
| Invesco Ltd. | Reduced | -201.2k |
| BAMCO INC /NY/ | Reduced | -104.8k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -83.6k |
| AMERIPRISE FINANCIAL INC | Reduced | -64.2k |
| D. E. Shaw & Co., Inc. | Reduced | -55.9k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -53.7k |
| Hood River Capital Management LLC | Sold out | -35.5k |
| LOOMIS SAYLES & CO L P | Reduced | -33.8k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $9.1m23.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.7m17.3k shares |
| PEAK6 Investments LLC | Reduced | $5.7m14.9k shares |
| JANE STREET GROUP, LLC | Added | $5.6m14.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.0m5.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.3m3.3k shares |
| TWO SIGMA SECURITIES, LLC | New | $577.9k1.5k shares |
| Walleye Capital LLC | New | $77.1k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.6m40.6k shares |
| CITADEL ADVISORS LLC | Added | $5.9m15.3k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $3.1m8.0k shares |
| Walleye Capital LLC | Added | $1.4m3.6k shares |
| WOLVERINE TRADING, LLC | Added | $1.2m3.2k shares |
| PROSPECTOR PARTNERS LLC | New | $924.7k2.4k shares |
| TWO SIGMA SECURITIES, LLC | New | $732.0k1.9k shares |
| SIMPLEX TRADING, LLC | Added | $693.0k1.8k shares |
| JANE STREET GROUP, LLC | New | $577.9k1.5k shares |
| Walleye Trading LLC | Reduced | $385.3k1.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BAMCO INC /NY/ 13G · institution +2.0 pts · filed 2026-06-03 | 10.7% |
| Capital World Investors 13G · institution new · filed 2026-05-14 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 4 | $4.0m | — |
| Q4 2022 | 0 | — | 3 | $3.2m | — |
| Q1 2023 | 0 | — | 5 | $8.5m | — |
| Q2 2023 | 0 | — | 3 | $6.3m | $5.3m |
| Q3 2023 | 0 | — | 3 | $3.3m | $2.6m |
| Q4 2023 | 0 | — | 3 | $4.6m | $2.4m |
| Q1 2024 | 0 | — | 8 | $21.6m | $3.7m |
| Q2 2024 | 0 | — | 2 | $4.6m | $2.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-13 | Haney Brian D. President and COO · By Spouse | Sold | $579.1k1.5k shares |
| 2024-06-04 | Kehoe Michael P Chairman and CEO, director | Sold plan | $1.5m3.9k shares |
| 2024-06-04 | Kehoe Michael P Chairman and CEO, director | Sold plan | $1.1m3.0k shares |
| 2024-06-04 | Kehoe Michael P Chairman and CEO, director | Sold plan | $21.9k57 shares |
| 2024-04-30 | Haney Brian D. President and COO | Sold | $1.4m3.8k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 2.1m $806.1m | Added +1.5k |
| BlackRock Inc. 0.02% of their portfolio | 2.0m $787.6m | Added +25.2k |
| BAMCO INC /NY/ 2.00% of their portfolio | 1.8m $699.7m | Reduced -104.8k |
| Thrivent Financial for Lutherans 0.57% of their portfolio | 729.5k $281.1m | Added +6.3k |
| STATE STREET CORP 0.01% of their portfolio | 680.4k $262.2m | Added +5.1k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 639.5k $246.4m | Added +255.7k |
| MORGAN STANLEY 0.02% of their portfolio | 549.6k $211.8m | Reduced -639.5k |
| Invesco Ltd. 0.04% of their portfolio | 527.2k $203.1m | Reduced -201.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 499.0k $192.8m | Added +35.1k |
| DAVENPORT & Co LLC 1.07% of their portfolio | 438.8k $169.3m | Added +111.2k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.52% of their portfolio | 426.4k $164.3m | Added +52.2k |
| GENEVA CAPITAL MANAGEMENT LLC 2.82% of their portfolio | 402.6k $155.1m | Reduced -2.3k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.38% of their portfolio | 390.3k $150.4m | Added +226 |
| Champlain Investment Partners, LLC 0.85% of their portfolio | 358.1k $138.0m | Added +114.6k |
| TURTLE CREEK ASSET MANAGEMENT INC. 3.25% of their portfolio | 327.6k $126.2m | Added +65.6k |
| RIVERBRIDGE PARTNERS LLC 1.54% of their portfolio | 294.9k $113.6m | Reduced -16.8k |
| NORGES BANK 0.02% of their portfolio | 265.2k $102.2m | Added +6.5k |
| Capital World Investors 0.02% of their portfolio | 257.6k $99.3m | Unchanged |
| Copeland Capital Management, LLC 1.66% of their portfolio | 230.6k $88.9m | Added +2.8k |
| MACQUARIE GROUP LTD 0.10% of their portfolio | 226.5k $87.3m | Reduced -23.3k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 223.0k $85.9m | Reduced -31.9k |
| DF DENT & CO INC 1.10% of their portfolio | 219.9k $84.7m | Added +8.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 199.0k $76.7m | Added +11 |
| NORTHERN TRUST CORP 0.01% of their portfolio | 191.5k $73.8m | Added +18.7k |
| Baird Financial Group, Inc. 0.15% of their portfolio | 184.1k $70.9m | Added +14.8k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 178.2k $68.7m | Reduced -2.2k |
| GW&K Investment Management, LLC 0.58% of their portfolio | 164.3k $63.3m | Added +2.6k |
| CIBC Private Wealth Group LLC 0.11% of their portfolio | 160.3k $60.9m | Added +1.8k |
| NATIXIS ADVISORS, LLC 0.13% of their portfolio | 159.0k $61.3m | Added +14.9k |
| Stephens Investment Management Group LLC 0.84% of their portfolio | 155.8k $60.0m | Added +53.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 145.0k $55.9m | Added +4.6k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 141.5k $54.5m | Added +18.3k |
| Maren Capital LLC 5.21% of their portfolio | 140.6k $54.2m | Added +11.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 119.0k $45.8m | Added +1.1k |
| Prime Capital Management Co Ltd 5.84% of their portfolio | 115.5k $44.5m | Added +55.1k |
| LOOMIS SAYLES & CO L P 0.06% of their portfolio | 111.6k $43.0m | Reduced -33.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 108.3k $41.7m | Reduced -8.5k |
| Port Capital LLC 2.04% of their portfolio | 105.5k $40.7m | Reduced -445 |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 104.0k $40.1m | Reduced -20.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 98.4k $37.9m | Reduced -3.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.16% of their portfolio | 97.9k $37.7m | Reduced -6.3k |
| HOWLAND CAPITAL MANAGEMENT LLC 1.77% of their portfolio | 96.2k $37.1m | Reduced -120 |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 92.0k $35.5m | Added +76.0k |
| FMR LLC 0.00% of their portfolio | 91.8k $35.4m | Added +53.6k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.17% of their portfolio | 90.2k $34.8m | Reduced -16.1k |
| Spyglass Capital Management LLC 2.53% of their portfolio | 89.7k $34.6m | New |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 85.0k $32.7m | Added +1.2k |
| Ensign Peak Advisors, Inc 0.06% of their portfolio | 82.7k $31.9m | Reduced -11.4k |
| Susquehanna Portfolio Strategies, LLC 1.24% of their portfolio | 78.1k $30.1m | Reduced -1.8k |
| Allspring Global Investments Holdings, LLC 0.05% of their portfolio | 76.5k $29.5m | Reduced -14.1k |
| Jackson Square Partners, LLC 1.76% of their portfolio | 75.1k $28.9m | Reduced -16.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 74.2k $28.6m | Added +28.8k |
| Natixis Investment Managers International 2.08% of their portfolio | 72.3k $27.9m | Added +4.0k |
| Man Group plc 0.07% of their portfolio | 67.9k $26.2m | Added +1.9k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 67.8k $26.1m | Reduced -16.3k |
| Artemis Investment Management LLP 0.34% of their portfolio | 66.1k $25.5m | New |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 62.9k $24.2m | Added +579 |
| BESSEMER GROUP INC 0.04% of their portfolio | 60.3k $23.2m | Added +19.0k |
| Driehaus Capital Management LLC 0.21% of their portfolio | 56.4k $21.7m | Reduced -32.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 53.5k $20.6m | Reduced -83.6k |
| NEXT CENTURY GROWTH INVESTORS LLC 1.68% of their portfolio | 52.4k $20.2m | Reduced -1.1k |
| Carnegie Investment Counsel 0.62% of their portfolio | 51.6k $19.9m | Added +12.2k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 48.2k $18.6m | Added +33.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 44.1k $17.0m | Reduced -64.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 44.0k $16.9m | Reduced -2.7k |
| California Public Employees Retirement System 0.01% of their portfolio | 43.9k $16.9m | Reduced -195 |
| CONGRESS ASSET MANAGEMENT CO 0.12% of their portfolio | 43.6k $16.8m | Added +26.3k |
| Swiss National Bank 0.01% of their portfolio | 43.6k $16.8m | Added +100 |
| SCOUT INVESTMENTS, INC. 0.44% of their portfolio | 42.6k $16.4m | Reduced -1.2k |
| UBS Group AG 0.00% of their portfolio | 41.6k $16.0m | Added +12.8k |
| ASHFORD CAPITAL MANAGEMENT INC 2.15% of their portfolio | 41.3k $15.9m | Added +619 |
| BLAIR WILLIAM & CO/IL 0.05% of their portfolio | 40.4k $15.6m | Added +14.1k |
| Swedbank AB 0.02% of their portfolio | 40.0k $15.4m | New |
| PANAGORA ASSET MANAGEMENT INC 0.08% of their portfolio | 39.3k $15.1m | Reduced -8.9k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 37.5k $14.5m | Reduced -349.7k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 36.8k $14.2m | New |
| 2Xideas AG 1.76% of their portfolio | 36.7k $14.1m | Added +6.6k |
| JACOBSON & SCHMITT ADVISORS, LLC 3.07% of their portfolio | 35.0k $13.5m | Added +7.3k |
| Legal & General Group Plc 0.00% of their portfolio | 33.9k $13.1m | Added +134 |
| Giverny Capital Inc. 0.53% of their portfolio | 32.7k $12.6m | Added +15.1k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 32.4k $12.5m | Reduced -4.9k |
| 1832 Asset Management L.P. 0.02% of their portfolio | 31.7k $12.2m | Added +9.3k |
| Corebridge Financial, Inc. 0.06% of their portfolio | 28.2k $10.9m | First filing |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.20% of their portfolio | 27.7k $10.7m | Reduced -1.2k |
| Erste Asset Management GmbH 0.14% of their portfolio | 27.5k $10.6m | Added +1.0k |
| Retirement Systems of Alabama 0.04% of their portfolio | 27.3k $10.5m | Reduced -353 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 27.2k $10.5m | Reduced -16.3k |
| Engle Capital Management, L.P. 3.26% of their portfolio | 25.0k $9.6m | Reduced -3.0k |
| SEGALL BRYANT & HAMILL, LLC 0.17% of their portfolio | 24.7k $9.5m | Added +672 |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 24.7k $9.5m | Reduced -4.3k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 24.5k $9.4m | Added +21.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 23.7k $9.1m | Reduced -865 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 22.7k $8.7m | Reduced -7.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 22.3k $8.6m | Reduced -100 |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 21.8k $8.4m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 21.6k $8.3m | Reduced -416 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 21.4k $8.2m | Added +4.6k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 21.3k $8.2m | Added +4.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 21.3k $8.2m | Added +14.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 21.2k $8.2m | Reduced -53.7k |