Palomar Holdings, Inc.

PLMR • NASDAQ

Palomar Holdings, Inc. is a insurance - property & casualty company in the financial services sector on NASDAQ, led by Mac Armstrong, with a market cap of $3.4B. As of Q3 2025, 88% of shares are held by 343 institutional investors, with BlackRock, Inc. as the largest holder at 16.06%.

Chief Executive Officer and Chairman of the BoardMac Armstrong

Market Cap$3.4B

Insurance - Property & Casualty

Financial Services

Employees213.0

Websiteplmr.com

Country

United States of America

Overview

Overview of institutional ownership in PLMR as of Q3 2025 with a market cap of $3.1B

All Institutions

Institutions: 343
Value Held: $2.7B
Shares Held: 23.4M
Avg Position: $8.0M
Median Position: $785.1K

Hedge Funds

Hedge Funds: 40
Value Held: $178.4M
Shares Held: 1.5M
Avg Position: $4.5M
Median Position: $1.9M

Ownership Breakdown

Institutional (non-HF)

81.8%

$2.6B

Hedge Funds

5.7%

$178.4M

Retail & Other

12.49%

$390.7M

Based on market cap of $3.1B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in PLMR as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$502.3M 0.01% of portfolio	16.06% 4.3M shares	Q2 2019 Held for 6y 5m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$307.2M 0.00% of portfolio	9.82% 2.6M shares	Q2 2019 Held for 6y 5m	$6.69T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$127.5M 0.00% of portfolio	4.08% 1.1M shares	Q2 2019 Held for 6y 5m	$2.88T
WESTFIELD CAPITAL MANAGEMENT CO LP Long Only Manager	William Albert Muggia CEO	$86.2M 0.36% of portfolio	2.76% 738.5K shares	Q2 2019 Held for 6y 5m	$23.8B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$83.7M 0.01% of portfolio	2.68% 717.1K shares	Q3 2019 Held for 6y 2m	$633.08B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$77.0M 0.00% of portfolio	2.46% 659.6K shares	Q2 2019 Held for 6y 5m	$1.57T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$69.6M 0.01% of portfolio	2.23% 596.1K shares	Q2 2020 Held for 5y 5m	$466.32B
Stephens Investment Management Group LLC Long Only Manager	Joseph Warren Simpson CEO	$67.7M 0.87% of portfolio	2.16% 579.5K shares	Q3 2019 Held for 6y 2m	$7.8B
S Sumitomo Mitsui Trust Holdings, Inc. Institution	-	$53.3M 0.03% of portfolio	1.70% 456.2K shares	Q1 2020 Held for 5y 8m	$173.79B
A AMERICAN CENTURY COMPANIES INC Institution	-	$49.1M 0.03% of portfolio	1.57% 420.9K shares	Q3 2022 Held for 3y 2m	$195.93B

Net Capital Flow

Institutional buying and selling activity for PLMR in Q3 2025

Traded: −$138.6M
Buyers: 172
Sellers: 210
Total Bought: +$336.8M
Total Sold: −$475.4M
Avg Position: $6.5M

Biggest Buyers

Institution	Net Bought	Current Position
WESTFIELD CAPITAL MANAGEMENT CO LP Long Only Manager	+$38.6M +330.6K shares	$86.2M 738.5K shares
B BlackRock, Inc. Institution	+$25.3M +216.4K shares	$502.3M 4.3M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$22.3M +190.6K shares	$22.3M 190.6K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	+$14.8M +126.7K shares	$26.3M 225.5K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$14.4M +123.4K shares	$16.9M 145.0K shares
Woodline Partners LP Hedge Fund•Long/Short	+$11.5M +98.9K shares	$11.5M 98.9K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	+$11.4M +97.5K shares	$17.8M 152.7K shares
M Man Group plc Institution	+$11.2M +96.3K shares	$16.2M 139.2K shares
H Handelsbanken Fonder AB Institution	+$11.1M +94.8K shares	$33.6M 288.1K shares
Trexquant Investment LP Hedge Fund•Quant	+$9.5M +81.1K shares	$10.7M 91.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	−$73.3M −474.9K shares	Sold Off 0 shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	−$52.1M −446.5K shares	$5.9M 50.6K shares
A AMERICAN CENTURY COMPANIES INC Institution	−$49.7M −425.4K shares	$49.1M 420.9K shares
A AXA Institution	−$37.4M −242.6K shares	Sold Off 0 shares
M MACQUARIE GROUP LTD Institution	−$23.0M −196.9K shares	$2.5M 21.2K shares
A Artemis Investment Management LLP Institution	−$15.5M −133.1K shares	$22.0M 188.1K shares
N Neuberger Berman Group LLC Institution	−$14.8M −95.7K shares	Sold Off 0 shares
JUPITER ASSET MANAGEMENT LTD Long Only Manager	−$14.8M −95.6K shares	Sold Off 0 shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$11.6M −99.0K shares	$12.0M 103.0K shares
T TEXAS PERMANENT SCHOOL FUND Institution	−$10.6M −68.4K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 22
New Value: $18.2M
Exited Positions: 78
Exited Value: $239.0M

New Positions

Institution	Position Value
Woodline Partners LP Hedge Fund•Long/Short	$11.5M 98.9K shares
O OSSIAM Institution	$2.4M 20.2K shares
E Elo Mutual Pension Insurance Co Institution	$1.4M 11.9K shares
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	$893.3K 7.7K shares
P Perbak Capital Partners LLP Institution	$406.4K 3.5K shares
ARMISTICE CAPITAL, LLC Hedge Fund•Long/Short	$299.0K 2.6K shares
P PharVision Advisers, LLC Hedge Fund•Long/Short	$286.2K 2.5K shares
Janney Capital Management LLC RIA/Wealth	$280.3K 2.4K shares
E Entropy Technologies, LP Hedge Fund•Quant Macro	$256.9K 2.2K shares
Outlook Wealth Advisors, LLC RIA/Wealth	$226.4K 1.9K shares

Exited Positions

Institution	Previous Position
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	$73.3M 474.9K shares
A AXA Institution	$37.4M 242.6K shares
N Neuberger Berman Group LLC Institution	$14.8M 95.7K shares
JUPITER ASSET MANAGEMENT LTD Long Only Manager	$14.8M 95.6K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$10.6M 68.4K shares
Allspring Global Investments Holdings, LLC Long Only Manager	$9.2M 61.8K shares
MOODY ALDRICH PARTNERS LLC Long Only Manager	$8.2M 53.2K shares
Beacon Harbor Wealth Advisors, Inc. RIA/Wealth	$6.7M 43.7K shares
E Ensign Peak Advisors, Inc Institution	$6.2M 40.0K shares
OSTERWEIS CAPITAL MANAGEMENT INC Long Only Manager	$5.7M 37.1K shares

Options Activity

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

Call Positions: 6
Call Value: $3.5M
Put Positions: 4
Put Value: $4.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.0M 172.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.2M 103.0 contracts
W WOLVERINE TRADING, LLC Institution	$309.1K 27.0 contracts
J JANE STREET GROUP, LLC Institution	- - contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	- - contracts
P PEAK6 LLC Institution	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.1M 269.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$665.5K 57.0 contracts
J JANE STREET GROUP, LLC Institution	$397.0K 34.0 contracts
W WOLVERINE TRADING, LLC Institution	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
V VILLERE ST DENIS J & CO LLC Institution	-	3.12% $31.7M	1.01% 271.1K shares	Q4 2020 Held for 4y 11m	$1.0B
SCHOLTZ & COMPANY, LLC RIA/Wealth	Peter Dwight Scholtz President	2.37% $5.1M	0.16% 43.6K shares	Q1 2025 Held for 8 months	$214.3M
P Philadelphia Financial Management of San Francisco, LLC Hedge Fund•Sector	Jordan Neil Hymowitz Managing Partner	1.30% $6.5M	0.21% 55.9K shares	Q3 2025 Held for 2 months	$503.5M
EMERALD ADVISERS INC/PA Long Only Manager	Kenneth George Mertz CEO	1.13% $35.1M	1.12% 301.0K shares	Q3 2019 Held for 6y 2m	$3.1B
EMERALD MUTUAL FUND ADVISERS TRUST Long Only Manager	Stacey Lynn Sears President	1.00% $18.7M	0.60% 160.3K shares	Q3 2019 Held for 6y 2m	$1.9B
Riverwater Partners LLC RIA/Wealth	Adam Jonathan Peck CIO	0.87% $2.1M	0.07% 18.1K shares	Q3 2024 Held for 1y 2m	$240.9M
Stephens Investment Management Group LLC Long Only Manager	Joseph Warren Simpson CEO	0.87% $67.7M	2.16% 579.5K shares	Q3 2019 Held for 6y 2m	$7.8B
Sheets Smith Investment Management RIA/Wealth	Zolly Cornell Bowden President	0.80% $1.2M	0.04% 10.6K shares	Q4 2024 Held for 11 months	$154.2M
H HUSSMAN STRATEGIC ADVISORS, INC. Institution	John Peter Hussman President	0.53% $2.5M	0.08% 21.0K shares	Q3 2025 Held for 2 months	$458.6M
GENEVA CAPITAL MANAGEMENT LTD/WI Long Only Manager	Jose Manuel Munoz Quiroga Managing Partner	0.52% $30.3M	0.97% 259.3K shares	Q2 2020 Held for 5y 5m	$5.8B

Hedge Fund Spotlight

Discover hedge funds investing in PLMR

Quantinno Capital Management LP

Hedge Fund • Market Neutral

Portfolio ManagerHoon Nmn Kim

Portfolio Value: $36.6B
Positions: 2,911
Last Reported: Q3 2025

Sector Allocation

Position in Palomar Holdings, Inc.

Market Value: $774.5K
Shares Held: 6.6K
Portfolio Weight: 0.00%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$2.1B	5.71%
2 Apple AAPL	Consumer Electronics Technology	$1.9B	5.06%
3 Microsoft MSFT	Software - Infrastructure Technology	$1.4B	3.93%