Greenhaven Road Capital’s Updates on Kingsway Financial (KFS)
Greenhaven Road Capital, an investment management company, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Stilwell Value LLC Joseph Stilwell | 3,363,450 | $45,238,403 | -37% | 24.94% |
| 2. | Greenhaven Road Investment Management Scott Stewart Miller | 1,884,529 | $25,346,915 | +44% | 4.27% |
| 3. | Renaissance Technologies Jim Simons | 261,380 | $3,515,561 | -4% | 0.01% |
| 4. | Citadel Investment Group Ken Griffin | 64,898 | $872,878 | +176% | 0% |
| 5. | Squarepoint Ops LLC Maxime Fortin (Cio) | 45,158 | $607,375 | 0% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $12.19 | 128 | $1,560.32 | 119,835 | 2026-02-17 | Filing | |
| $12.19 | 205 | $2,498.95 | 1,460,291 | 2026-02-17 | Filing | |
| $13.69 | 183 | $2,505.27 | 1,460,086 | 2026-02-02 | Filing | |
| $13.69 | 114 | $1,560.66 | 119,707 | 2026-02-02 | Filing | |
| $13.54 | 185 | $2,504.90 | 1,459,903 | 2026-01-15 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $13.67 | 7,500 | $102,508.50 | 128,850 | 2025-12-29 | Filing | |
| $13.32 | 30,000 | $399,714.00 | 1,459,534 | 2025-12-23 | Filing | |
| $12.80 | 19,229 | $246,131.20 | 300,000 | 2025-12-22 | Filing | |
| $12.80 | 10,429 | $133,491.20 | 534,706 | 2025-12-16 | Filing | |
| $12.80 | 34,269 | $438,660.33 | 545,135 | 2025-12-15 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 1,983,825 | $26,682,446 | 2.48% | |
| 2. | 1,173,864 | $15,788,471 | 0% | |
| 3. | 994,759 | $13,379,509 | 0% | |
| 4. | 470,407 | $6,329,329 | 0% | |
| 5. | 356,411 | $4,793,728 | 0.17% |