SCHEDULE 13G/A: Khrom Capital Management Amends HCI Group Stake Disclosure to 7.39%

Khrom Capital Management LLC has filed an amended Schedule 13G, reporting a 7.39% beneficial ownership stake in HCI Group, Inc. as of March 31, 2025.

Summary

• Khrom Capital Management LLC, an investment adviser based in New York, has filed an Amendment No. 1 to Schedule 13G regarding its beneficial ownership in HCI Group, Inc.
• As of March 31, 2025, Khrom Capital Management LLC beneficially owns 796,170 common shares of HCI Group, Inc.
• This ownership represents 7.39% of the total class of securities.
• Khrom Capital Management LLC holds sole voting power and sole dispositive power over all 796,170 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of HCI Group, Inc.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing disclosing beneficial ownership and does not contain information that would inherently suggest a positive or negative sentiment regarding the issuer's performance or outlook.

Risks

• The filing explicitly states that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, mitigating potential activist investor risks.

Future Outlook

NA

Industry Context

This Schedule 13G/A filing is a standard regulatory disclosure in the investment industry, indicating that an institutional investor, Khrom Capital Management LLC, holds a significant passive stake (over 5%) in HCI Group, Inc. As an amendment, it updates a previously reported position. Such filings provide transparency regarding large ownership positions, which can be of interest to other investors and market participants.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional ownership stake in HCI Group, Inc.
• Investment Professionals: Offers data on institutional holdings for market analysis and tracking.

Key Dates

Keywords

HCI Group Inc., Khrom Capital Management LLC, Schedule 13G, Beneficial Ownership, Common Shares, Investment Adviser, SEC Filing, Equity Stake