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Safety Insurance

172 hedge funds and large institutions have $800M invested in Safety Insurance in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 54 increasing their positions, 76 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

682% more call options, than puts

Call options by funds: $266K | Put options by funds: $34K

7% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 14

0% more funds holding

Funds holding: 172172 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.12% less ownership

Funds ownership: 79.42%79.31% (-0.12%)

6% less capital invested

Capital invested by funds: $847M → $800M (-$47.3M)

29% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 76

Holders
172
Holders Change
Holders Change %
0%
% of All Funds
2.73%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
54
Reduced
76
Closed
14
Calls
$266K
Puts
$34K
Net Calls
+$232K
Net Calls Change
+$210K
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$3.78M -$475K -6,821 -11%
RhumbLine Advisers
27
RhumbLine Advisers
Massachusetts
$3.15M -$40.3K -579 -1%
SLA
28
Silver Lake Advisory
Utah
$2.88M -$8.42K -121 -0.3%
Legal & General Group
29
Legal & General Group
United Kingdom
$2.83M -$50.2K -722 -2%
DIA
30
Dean Investment Associates
Ohio
$2.71M -$488K -7,008 -15%
Assenagon Asset Management
31
Assenagon Asset Management
Luxembourg
$2.68M +$1.35M +19,467 +98%
CPSC
32
Carl P. Sherr & Co
Massachusetts
$2.33M +$149K +2,137 +7%
Swiss National Bank
33
Swiss National Bank
Switzerland
$2.23M +$20.9K +300 +0.9%
GCP
34
GSA Capital Partners
United Kingdom
$2.21M +$1.69M +24,260 +298%
New York State Teachers Retirement System (NYSTRS)
35
New York State Teachers Retirement System (NYSTRS)
New York
$1.94M -$30K -431 -1%
Bank of America
36
Bank of America
North Carolina
$1.67M +$208K +2,993 +14%
CS
37
Credit Suisse
Switzerland
$1.67M -$56.2K -808 -3%
AQR Capital Management
38
AQR Capital Management
Connecticut
$1.64M -$101K -1,449 -6%
UBS AM
39
UBS AM
Illinois
$1.53M -$340K -4,889 -18%
Allspring Global Investments
40
Allspring Global Investments
North Carolina
$1.34M -$636K -9,140 -32%
MUAMU
41
Mitsubishi UFJ Asset Management (UK)
United Kingdom
$1.3M
ETC
42
Exchange Traded Concepts
Oklahoma
$1.26M +$149K +2,138 +13%
Public Sector Pension Investment Board (PSP Investments)
43
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.25M -$564K -8,105 -31%
First Trust Advisors
44
First Trust Advisors
Illinois
$1.23M -$1.57M -22,579 -56%
RJFSA
45
Raymond James Financial Services Advisors
Florida
$1.23M +$376K +5,397 +43%
DC
46
Davenport & Co
Virginia
$1.23M -$65.8K -945 -5%
NGA
47
Naples Global Advisors
Florida
$1.21M +$29.6K +425 +2%
First Manhattan
48
First Manhattan
New York
$1.2M +$667K +9,590 +120%
Prudential Financial
49
Prudential Financial
New Jersey
$1.17M -$79.1K -1,137 -6%
FIM
50
Fernwood Investment Management
Massachusetts
$1.17M -$1.74K -25 -0.1%

SAFT Hedge Fund Activity: Q3 2023 in Review

172 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Safety Insurance (SAFT) for Q3 2023, worth a combined $800M — down 5.6% from $847M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new SAFT positions and 14 closed out — a net gain of 1 holder — while 54 added to existing stakes and 76 trimmed.

The largest buyer was SRB Corp, adding an estimated $2.25M. The largest seller was Citadel Advisors, cutting an estimated $2.73M.

  • 172 institutional investors held Safety Insurance (SAFT) as of Q3 2023, unchanged from Q2 2023.
  • Funds reported $800M of Safety Insurance stock for Q3 2023, down 5.6% quarter-over-quarter.
  • 15 funds opened new Safety Insurance positions in Q3 2023 and 14 closed out, a net change of +1 holder.
  • The largest Safety Insurance buyer in Q3 2023 was SRB Corp, an estimated $2.25M added.
  • The largest Safety Insurance seller in Q3 2023 was Citadel Advisors, an estimated $2.73M sold.

Based on aggregated 13F filings for Q3 2023.