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Continental General Insurance Co.

CIK:0000024046
Insurance Company
$4B AUM
12 holdings
Austin, TX, USA
Founded:1961
90 employees
Latest filing:Jun 30, 2025

Continental General Insurance Company (CGIC) is a U.S.-based insurance firm headquartered in Austin, Texas. The company is focused on providing life and health insurance solutions, specializing primarily in long-term care, life insurance, and similar products. CGIC is a subsidiary operating under Continental Insurance Group structures, with its heritage tied to Nebraska incorporation but more recently operating out of Texas. The firm primarily serves individual policyholders and institutions seeking long-term care and analogous insurance products. Detailed public information about its founding year and employee count is limited.

Investment Strategy

Continental General Insurance Company primarily invests its portfolio to support long-term insurance obligations, focusing on asset-liability matching. The company manages a diversified portfolio that typically includes fixed-income securities (such as corporate bonds, government securities, and securitized products), designed to generate stable returns while ensuring sufficient liquidity for insurance claims. Their strategy emphasizes risk management, capital preservation, and prudent allocation in accordance with regulatory and policyholder requirements.

Latest 13F Filing Activity

Continental General Insurance Co. filed their most recent 13F report on Jun 30, 2025 disclosing 11 equity positions with a total 13F market value of $390M. The fund increased holdings in Geo Group Inc. New, Groupon Inc., Ambac Finl Group Inc. among other positions. Continental General Insurance Co. reduced exposure to Daqo New Energy Corp., Bleichroeder Acquisition Cor, Alpha Metallurgical Resour I among others.

Top Buys
G
GEOGEO GROUP INC NEW
+$82.3M
G
GRPNGROUPON INC
+$55.2M
B
BACQBLEICHROEDER ACQUISITION COR
-$15.9M
A
AMBCAMBAC FINL GROUP INC
+$8.7M
A
AMRALPHA METALLURGICAL RESOUR I
-$7.7M
Top Sells
D
DQDAQO NEW ENERGY CORP
-$17.5M
B
BACQBLEICHROEDER ACQUISITION COR
-$15.9M
A
AMBCAMBAC FINL GROUP INC
+$8.7M
A
AMRALPHA METALLURGICAL RESOUR I
-$7.7M
D
DOLEDOLE PLC
-$6.7M

Top Holdings

G
GRPNGROUPON INC
+25.1%$98.0M
G
GEOGEO GROUP INC NEW
+24.0%$93.5M
D
DQDAQO NEW ENERGY CORP
+23.2%$90.5M
A
AMRALPHA METALLURGICAL RESOUR I
+17.5%$68.1M
R
RAILFREIGHTCAR AMER INC
+2.8%$10.8M

Equity Positions (11)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
GROUPON INC25.14%$98.0M2,929,832$22.01$33.45+$55.2M
GEO GROUP INC NEW23.99%$93.5M3,904,474$24.47$23.95+$82.3M
DAQO NEW ENERGY CORP23.22%$90.5M5,966,202$25.98$15.17-$17.5M
ALPHA METALLURGICAL RESOUR I17.47%$68.1M605,449$150.82$112.48-$7.7M
FREIGHTCAR AMER INC2.76%$10.8M1,247,976$3.20$8.62+$2.8M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+36.2%
BITUMINOUS COAL & LIGNITE SURFACE MINING
+19.3%
GENERAL BLDG CONTRACTORS - RESIDENTIAL BLDGS
+16.9%
SERVICES-ADVERTISING AGENCIES
+13.3%
GOLD AND SILVER ORES
+5.7%