Enact Holdings, Inc.

ACT • NASDAQ

Enact Holdings, Inc. is a insurance - specialty company in the financial services sector on NASDAQ, led by Rohit Gupta, with a market cap of $5.7B. As of Q3 2025, 21% of shares are held by 227 institutional investors, with BlackRock, Inc. as the largest holder at 3.12%.

Chief Executive OfficerRohit Gupta

Market Cap$5.7B

Insurance - Specialty

Financial Services

Employees465.0

Websiteenactmi.com

Country

United States of America

Overview

Overview of institutional ownership in ACT as of Q3 2025 with a market cap of $5.7B

All Institutions

Institutions: 227
Value Held: $1.2B
Shares Held: 31.1M
Avg Position: $5.3M
Median Position: $529.5K

Hedge Funds

Hedge Funds: 22
Value Held: $154.8M
Shares Held: 4.0M
Avg Position: $7.0M
Median Position: $1.4M

Ownership Breakdown

Institutional (non-HF)

18.63%

$1.1B

Hedge Funds

2.74%

$154.8M

Retail & Other

78.63%

$4.4B

Based on market cap of $5.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ACT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$176.5M 0.00% of portfolio	3.12% 4.6M shares	Q3 2021 Held for 4y 2m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$124.0M 0.00% of portfolio	2.19% 3.2M shares	Q4 2021 Held for 3y 11m	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$107.0M 0.02% of portfolio	1.89% 2.8M shares	Q4 2022 Held for 2y 11m	$466.32B
Q Qube Research & Technologies Ltd Institution	-	$70.9M 0.10% of portfolio	0.98% 1.4M shares	Q1 2023 Held for 2y 8m	$70.6B
FIRST TRUST ADVISORS LP ETF Provider	James Allen Bowen CEO	$55.6M 0.04% of portfolio	0.98% 1.5M shares	Q2 2022 Held for 3y 5m	$134.11B
G Glendon Capital Management LP Hedge Fund•Distressed	Haig Mark Maghakian COO	$49.8M 2.72% of portfolio	0.88% 1.3M shares	Q3 2021 Held for 4y 2m	$1.8B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$45.3M 0.00% of portfolio	0.80% 1.2M shares	Q4 2021 Held for 3y 11m	$2.88T
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	Anthony Ryan CEO	$41.2M 0.03% of portfolio	0.73% 1.1M shares	Q3 2022 Held for 3y 2m	$158.92B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$33.6M 0.00% of portfolio	0.59% 876.4K shares	Q3 2021 Held for 4y 2m	$1.57T
L LSV ASSET MANAGEMENT Long Only Manager	Josef Nmn Lakonishok CEO	$32.9M 0.07% of portfolio	0.58% 857.3K shares	Q4 2024 Held for 11 months	$45.1B

Net Capital Flow

Institutional buying and selling activity for ACT in Q3 2025

Traded: +$18.2M
Buyers: 120
Sellers: 120
Total Bought: +$160.3M
Total Sold: −$142.1M
Avg Position: $4.5M

Biggest Buyers

Institution	Net Bought	Current Position
Q Qube Research & Technologies Ltd Institution	+$52.7M +1.1M shares	$70.9M 1.4M shares
FIRST TRUST ADVISORS LP ETF Provider	+$26.0M +678.3K shares	$55.6M 1.5M shares
L LSV ASSET MANAGEMENT Long Only Manager	+$18.2M +474.6K shares	$32.9M 857.3K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$7.1M +184.8K shares	$107.0M 2.8M shares
A ALPS ADVISORS INC ETF Provider	+$5.7M +147.7K shares	$5.7M 147.7K shares
MORGAN STANLEY RIA/Wealth	+$4.0M +105.1K shares	$12.8M 333.5K shares
PRUDENTIAL FINANCIAL INC Institution	+$3.7M +95.6K shares	$16.3M 426.0K shares
E EXCHANGE TRADED CONCEPTS, LLC Institution	+$3.2M +83.9K shares	$3.2M 83.9K shares
A AMERICAN CENTURY COMPANIES INC Institution	+$3.0M +77.1K shares	$28.9M 755.0K shares
Horizon Investments, LLC/SC Long Only Manager	+$2.7M +70.7K shares	$2.7M 70.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
GOLDMAN SACHS GROUP INC Institution	−$17.8M −464.2K shares	$9.1M 238.2K shares
BANK OF AMERICA CORP /DE/ Institution	−$11.1M −288.7K shares	$10.0M 260.1K shares
A Allianz Asset Management AG Institution	−$9.9M −259.0K shares	$19.2M 501.4K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$8.6M −223.9K shares	$6.8M 177.0K shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	−$7.4M −199.1K shares	Sold Off 0 shares
JPMORGAN CHASE & CO Institution	−$6.2M −162.3K shares	$10.0M 261.6K shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$6.1M −164.6K shares	Sold Off 0 shares
Edgestream Partners, L.P. Hedge Fund•Quant Macro	−$5.4M −139.6K shares	$765.9K 20.0K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$4.6M −120.8K shares	$9.0M 234.0K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$4.1M −106.4K shares	$5.4M 142.0K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ACT in Q3 2025

New Positions: 23
New Value: $16.1M
Exited Positions: 41
Exited Value: $41.5M

New Positions

Institution	Position Value
A ALPS ADVISORS INC ETF Provider	$5.7M 147.7K shares
E EXCHANGE TRADED CONCEPTS, LLC Institution	$3.2M 83.9K shares
Horizon Investments, LLC/SC Long Only Manager	$2.7M 70.7K shares
L Livforsakringsaktiebolaget Skandia Institution	$1.8M 45.7K shares
P PDS Planning, Inc RIA/Wealth	$1.3M 33.5K shares
HighTower Advisors, LLC RIA/Wealth	$490.7K 12.8K shares
Harvest Investment Services, LLC RIA/Wealth	$249.3K 6.5K shares
A AXQ CAPITAL, LP Hedge Fund•Market Neutral	$242.2K 6.3K shares
Empirical Financial Services, LLC RIA/Wealth	$223.5K 5.8K shares
Pictet Asset Management Holding SA Long Only Manager	$206.0K 5.4K shares

Exited Positions

Institution	Previous Position
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	$7.4M 199.1K shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	$6.1M 164.6K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$3.9M 103.7K shares
C Cubist Systematic Strategies, LLC Institution	$3.1M 84.7K shares
A AXA Institution	$2.7M 73.8K shares
W Winton Capital Group Ltd Institution	$2.4M 65.1K shares
Jackson Creek Investment Advisors LLC Long Only Manager	$1.6M 43.9K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$1.4M 37.1K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.3M 36.3K shares
P PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO Institution	$1.2M 32.0K shares

Options Activity

Institutions with the largest Call and Put options positions in ACT as of Q3 2025

Call Positions: 1
Call Value: -
Put Positions: 1
Put Value: $3.8M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	- - contracts

Put Positions

Institution	Position Value
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$3.8M 1.0K contracts

Most Committed Institutions

Institutions with ACT as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
G Glendon Capital Management LP Hedge Fund•Distressed	Haig Mark Maghakian COO	2.72% $49.8M	0.88% 1.3M shares	Q3 2021 Held for 4y 2m	$1.8B
MOODY ALDRICH PARTNERS LLC Long Only Manager	Daniel Brook Wanzenberg CIO	0.84% $4.4M	0.08% 115.8K shares	Q3 2024 Held for 1y 2m	$527.2M
DENALI ADVISORS LLC Long Only Manager	Robert Guenther Snigaroff CIO	0.77% $6.9M	0.12% 178.9K shares	Q1 2023 Held for 2y 8m	$885.1M
L Lingohr & Partner Asset Management GmbH Institution	-	0.41% $356.5K	0.01% 9.3K shares	Q1 2022 Held for 3y 8m	$87.0M
Longboard Asset Management, LP Long Only Manager	Cole Mcallister Wilcox CEO	0.36% $225.3K	0.00% 5.9K shares	Q1 2025 Held for 8 months	$62.3M
Measured Wealth Private Client Group, LLC RIA/Wealth	Edward Heath Benway President	0.29% $1.1M	0.02% 28.4K shares	Q4 2022 Held for 2y 11m	$370.9M
I INCEPTIONR LLC Hedge Fund•Quant	Li Nmn Lu Managing Partner	0.23% $955.5K	0.02% 24.9K shares	Q2 2025 Held for 5 months	$414.3M
Regent Peak Wealth Advisors LLC RIA/Wealth	Craig Nicholas Robson Founder	0.23% $1.1M	0.02% 29.7K shares	Q3 2025 Held for 2 months	$498.7M
Quartz Partners, LLC RIA/Wealth	Joseph Albert Leo CEO	0.20% $552.5K	0.01% 14.4K shares	Q1 2025 Held for 8 months	$276.1M
F Factorial Partners, LLC Hedge Fund•Value	Mark Philip Kleiman Managing Partner	0.18% $249.2K	0.00% 6.5K shares	Q3 2025 Held for 2 months	$138.3M

Hedge Fund Spotlight

Discover hedge funds investing in ACT

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $62.0B
Positions: 3,252
Last Reported: Q3 2025

Sector Allocation

Position in Enact Holdings, Inc.

Market Value: $10.5M
Shares Held: 273.4K
Portfolio Weight: 0.02%
Owned Since: 2022-Q3

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%