Presurance Holdings
PRHI on Nasdaq. Market value $28m.
Should I look at this?
We have not checked this company yet
This is not advice.
Who owns it
None of the long-term investors we follow own it. 9 funds in all.
Largest holders overall
- IAT Reinsurance$175,357New
- Vanguard Fiduciary Trust$49,296New
- Nemes Rush Group$18,368New
- Vanguard Capital Management$12,054New
- UBS Group AG$5,111New
- Tower Research Capital LLC (TRC)$3,354New
- Osaic Holdings$2,803New
- CoreCap Advisors$2,759New
- Morgan Stanley$368New
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
2 investors own more than 5%.
- Jeffrey A. HakalaPassive investorat least 69.7%+22.0 pts(filed with 3 related holders)Since 8 October 2025
What they said
Clarkston Ventures, LLC purchased its 4,277,455 shares of Common Stock of the Issuer pursuant to the Rights Offering for investment purposes. Clarkston Ventures, LLC is a private special purpose vehicle and is not an operating company or public company. Clarkston Companies, Inc.…
Read the filing - Clarkston 91 West, LLCPassive investor24.7%Since 12 December 2024
What they said
Clarkston Ventures, LLC purchased its 3,735,769 shares of Common Stock of the Issuer for investment purposes. Clarkston Ventures, LLC is a private special purpose vehicle and is not an operating company or public company. Clarkston 91 West LLC purchased 1,500 shares of Series B…
Read the filing
| Holder | Stake | Since | |
|---|---|---|---|
Jeffrey A. Hakala Passive investor | at least 69.7%+22.0 pts (filed with 3 related holders) | 8 October 2025 | What they saidClarkston Ventures, LLC purchased its 4,277,455 shares of Common Stock of the Issuer pursuant to the Rights Offering for investment purposes. Clarkston Ventures, LLC is a private special purpose vehicle and is not an operating company or public company. Clarkston Companies, Inc.… Read the filing |
Clarkston 91 West, LLC Passive investor | 24.7% | 12 December 2024 | What they saidClarkston Ventures, LLC purchased its 3,735,769 shares of Common Stock of the Issuer for investment purposes. Clarkston Ventures, LLC is a private special purpose vehicle and is not an operating company or public company. Clarkston 91 West LLC purchased 1,500 shares of Series B… Read the filing |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 5 insiders bought $339,275 of shares on the open market. 1 sold $16,138.
- SARAFA JOSEPH DDirectorBought
- Date
- 30 September 2026
- Shares
- 11,000
- Price
- $6.75
- Value
- $74,247
- O'Hanlon IsoldeDirectorBought
- Date
- 30 September 2026
- Shares
- 7,250
- Price
- $6.75
- Value
- $48,935
- Smith James GrantDirectorBought
- Date
- 30 September 2026
- Shares
- 7,250
- Price
- $6.75
- Value
- $48,935
- RONEY BRIAN JChief Executive OfficerBought
- Date
- 30 September 2026
- Shares
- 7,500
- Price
- $6.75
- Value
- $50,623
- MELOCHE HAROLD JCFO, TreasurerBought
- Date
- 30 September 2026
- Shares
- 4,100
- Price
- $6.38
- Value
- $26,138
- Lamothe TimothyDirectorSold
- Date
- 27 August 2026
- Shares
- 2,478
- Price
- $6.51
- Value
- $16,138
- Smith James GrantDirectorBought
- Date
- 13 April 2026
- Shares
- 23,672
- Price
- $0.74
- Value
- $17,517
- Smith James GrantDirectorBought
- Date
- 6 April 2026
- Shares
- 1,100
- Price
- $0.80
- Value
- $880
- RONEY BRIAN JChief Executive OfficerBought
- Date
- 1 April 2026
- Shares
- 100,000
- Price
- $0.72
- Value
- $72,000
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 30 September 2026 | SARAFA JOSEPH D Director | Bought | 11,000 | $6.75 | $74,247 |
| 30 September 2026 | O'Hanlon Isolde Director | Bought | 7,250 | $6.75 | $48,935 |
| 30 September 2026 | Smith James Grant Director | Bought | 7,250 | $6.75 | $48,935 |
| 30 September 2026 | RONEY BRIAN J Chief Executive Officer | Bought | 7,500 | $6.75 | $50,623 |
| 30 September 2026 | MELOCHE HAROLD J CFO, Treasurer | Bought | 4,100 | $6.38 | $26,138 |
| 27 August 2026 | Lamothe Timothy Director | Sold | 2,478 | $6.51 | $16,138 |
| 13 April 2026 | Smith James Grant Director | Bought | 23,672 | $0.74 | $17,517 |
| 6 April 2026 | Smith James Grant Director | Bought | 1,100 | $0.80 | $880 |
| 1 April 2026 | RONEY BRIAN J Chief Executive Officer | Bought | 100,000 | $0.72 | $72,000 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the serious warning signs we check for were found. 1 thing worth knowing.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 27 Mar 2026, plus the 10-Q filed 12 Aug 2026 and 5 later 8-Ks.
Changed auditor
Worth knowingThe company changed its auditor (the firm that checks its books) in the last two years.
“On July 8, 2025, the Audit Committee of the Board of Directors (the “Audit Committee”) of Conifer Holdings, Inc. (the “Company”) dismissed Plante & Moran, PLLC ("Plante Moran") as the Company’s independent registered public accounting firm effective immediately.”
From an 8-K filed 11 July 2025: Change of auditor. Read it in the filing
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.