Chinese Billionaire Zhang Lei is Selling These 5 Stocks

04. Hippo Holdings Inc. (NYSE:HIPO)

Number of Hedge Fund Holders as of Q2 2022: 21

Hippo Holdings Inc. (NYSE:HIPO) provides home protection insurance in the United States and the District of Columbia. The company posted an EPS of -$0.13 in Q2 2022, missing the estimates by $0.02.

Hillhouse Capital dumped its entire stake of 2.77 million shares of Hippo Holdings Inc. (NYSE:HIPO) worth $5.516 million during Q2. Hedge fund sentiment around Hippo Holdings Inc. (NYSE:HIPO) has also decreased in the second quarter of 2022, with 21 hedge funds long the stock, compared to 30 in Q1 2022. Jim Tarantino and Chris Galvin’s Westerly Capital Management is the largest shareholder of Hippo Holdings Inc. (NYSE:HIPO) during Q2, holding 4.025 million of its shares worth $3.53 million.