← Holdings
HGTY

HAGERTY INC

2 managers · $58M total
Data: SEC EDGAR 13F · 2026Q2
Manager holders · last 5 qtrsⓘ
2
2025Q2 – 2026Q2 · flat QoQ
Total position
$58M
Combined value across tracked managers
Net move this quarter
↓ Trimming
Weighted by holders' share change
HolderQ actionValue% of port.Style
MarkelHold$36M0.27%Insurance float / Long-term value
Greenhaven RoadⓘTrim-21.29%$22M14.44%SMID Value / Contrarian
What managers sayⓘ
2026-06-30Greenhaven Road CapitalBullGreenhaven Road Capital Q2 2026 Investor LetterDetail →
2025-12-31Greenhaven Road CapitalBullGreenhaven Road Capital Q4 2025 Investor LetterDetail →
2025-09-30Greenhaven Road CapitalBullGreenhaven Road Capital Q3 2025 Investor LetterDetail →
13D/G Ownership Filingsⓘ

Links open the original SEC EDGAR filing. Covers tracked managers only.

Earnings Callsⓘ
Q1 2026May 6, 2026
›
This quarter's results met expectations, with solid growth in the core business and strong conversion momentum from the State Farm partnership, driving overall performance.
Key quarterly data: State Farm converted policies have exceeded 100,000, with the combined ratio stable at the 90% level; full-year written premium growth guidance remains mid-teens, with management expecting results to approach the upper end of the range.
Business progress: In Europe, the auction business (Broad Arrow) is accumulating market insights to pave the way for future insurance expansion; the in-house claims team has been strengthened, handling more cases internally to improve processing speed and customer satisfaction while optimizing economic outcomes; the State Farm partnership will cover 40 states by year-end and expand to nearly all states by 2027; the Enthusiast Plus pilot in Colorado, though still small in scale, is building experience for long-term growth; the collector car market value continues to rise, with modern supercars and hypercars commanding higher prices, thereby supporting the overall premium base.
Guidance and outlook: Management maintains full-year guidance, expecting State Farm conversions to drive significant growth in 2026-2027 while the core business sustains steady momentum. Next quarter (Q2) will see the first update to full-year guidance, with current trends leaning positive.
Risk/highlight signals: Management's tone is optimistic, emphasizing differentiated claims capabilities and potential market share gains; the long-term goal of doubling PIF to 3 million by 2030 reflects strong confidence in the company's growth model.
Q4 2026March 2, 2026
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FinancialsⓘFY2025 · Source: SEC EDGAR 10-K

5y revenue CAGR 20% · latest net margin 22% · FCF volatile

Revenue$0.68B
Rev. YoY+23.5%
Gross margin—
Net margin22%
Net income$0.15B
Free cash flow$0.19B
Operating cash flow$0.22B
ROE67.4%

Source: SEC EDGAR company filings (10-K). Foreign issuers (20-F/IFRS) not yet covered.