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Safety Insurance

178 hedge funds and large institutions have $1B invested in Safety Insurance in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 66 increasing their positions, 66 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 66

8% less call options, than puts

Call options by funds: $260K | Put options by funds: $283K

1.74% less ownership

Funds ownership: 92.64%90.9% (-1.7%)

4% less funds holding

Funds holding: 186178 (-8)

8% less capital invested

Capital invested by funds: $1.09B → $1B (-$87.2M)

23% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 26

Holders
178
Holders Change
-8
Holders Change %
-4.3%
% of All Funds
2.84%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
20
Increased
66
Reduced
66
Closed
26
Calls
$260K
Puts
$283K
Net Calls
-$23K
Net Calls Change
-$529K
Name Holding Trade Value Shares
Change
Change in
Stake
DIA
26
Dean Investment Associates
Ohio
$3.86M -$31K -380 -0.7%
Millennium Management
27
Millennium Management
New York
$3.84M +$4.2M +51,538 New
RhumbLine Advisers
28
RhumbLine Advisers
Massachusetts
$3.48M +$223K +2,732 +6%
Legal & General Group
29
Legal & General Group
United Kingdom
$3.2M -$36.3K -446 -1%
SLA
30
Silver Lake Advisory
Utah
$3.19M +$14.2K +174 +0.4%
HSBC Holdings
31
HSBC Holdings
United Kingdom
$2.8M -$424K -5,209 -12%
N
32
Nuveen
North Carolina
$2.7M -$347K -4,255 -11%
First Trust Advisors
33
First Trust Advisors
Illinois
$2.64M -$953K -11,695 -25%
E
34
Ergoteles
New York
$2.5M +$2.26M +27,746 +474%
CPSC
35
Carl P. Sherr & Co
Massachusetts
$2.39M +$570 +7 +0%
Swiss National Bank
36
Swiss National Bank
Switzerland
$2.37M -$310K -3,800 -11%
New York State Teachers Retirement System (NYSTRS)
37
New York State Teachers Retirement System (NYSTRS)
New York
$2.28M -$32.6K -400 -1%
Allspring Global Investments
38
Allspring Global Investments
North Carolina
$2.24M +$125K +1,536 +5%
UBS AM
39
UBS AM
Illinois
$2.04M +$314K +3,851 +16%
Goldman Sachs
40
Goldman Sachs
New York
$2.02M -$4.28M -52,519 -66%
AQR Capital Management
41
AQR Capital Management
Connecticut
$1.97M -$90.8K -1,115 -4%
State of New Jersey Common Pension Fund D
42
State of New Jersey Common Pension Fund D
New Jersey
$1.95M
Public Sector Pension Investment Board (PSP Investments)
43
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.93M -$72.7K -892 -3%
QC
44
Quadrature Capital
United Kingdom
$1.72M +$1.89M +23,142 New
UIC
45
Uniplan Investment Counsel
Wisconsin
$1.69M -$94.1K -1,155 -5%
ETC
46
Exchange Traded Concepts
Oklahoma
$1.61M +$44.1K +541 +3%
DCM
47
Dean Capital Management
Kansas
$1.46M -$93.6K -1,149 -6%
LCM
48
Legato Capital Management
California
$1.46M -$93.6K -1,149 -6%
DC
49
Davenport & Co
Virginia
$1.44M -$86.4K -1,060 -5%
MUAMU
50
Mitsubishi UFJ Asset Management (UK)
United Kingdom
$1.42M

SAFT Hedge Fund Activity: Q1 2023 in Review

178 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Safety Insurance (SAFT) for Q1 2023, worth a combined $1B — down 8% from $1.09B a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of SAFT and 20 opened new positions — a net loss of 6 holders — while 66 trimmed existing stakes and 66 added.

The largest buyer was Victory Capital Management, adding an estimated $7.8M. The largest seller was Charles Schwab, cutting an estimated $18.5M.

  • 178 institutional investors held Safety Insurance (SAFT) as of Q1 2023, down from 186 in Q4 2022.
  • Funds reported $1B of Safety Insurance stock for Q1 2023, down 8% quarter-over-quarter.
  • 20 funds opened new Safety Insurance positions in Q1 2023 and 26 closed out, a net change of -6 holders.
  • The largest Safety Insurance buyer in Q1 2023 was Victory Capital Management, an estimated $7.8M added.
  • The largest Safety Insurance seller in Q1 2023 was Charles Schwab, an estimated $18.5M sold.

Based on aggregated 13F filings for Q1 2023.