Safety Insurance
SAFT
173 hedge funds and large institutions have $917M invested in Safety Insurance in 2024 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 62 reducing their positions, and 23 closing their positions.
563% more call options, than puts
Call options by funds: $53K | Put options by funds: $8K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.17% less ownership
Funds ownership: 82.52% → 82.35% (-0.17%)
8% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 62
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
2% less funds holding
Funds holding: 177 → 173 (-4)
9% less capital invested
Capital invested by funds: $1B → $917M (-$86.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$7.46M |
| 2 |
FIM
Fernwood Investment Management
Quincy,
Massachusetts
|
+$5.74M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$3.96M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$2.1M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$3.05M |
| 2 |
BlackRock
New York
|
-$2.95M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$2.54M |
| 4 |
RA
Royce & Associates
New York
|
-$2.23M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.23M |
SAFT Hedge Fund Activity: Q2 2024 in Review
173 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Safety Insurance (SAFT) for Q2 2024, worth a combined $917M — down 8.6% from $1B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SAFT and 21 opened new positions — a net loss of 2 holders — while 62 trimmed existing stakes and 57 added.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $7.46M. The largest seller was Victory Capital Management, cutting an estimated $3.05M.
- 173 institutional investors held Safety Insurance (SAFT) as of Q2 2024, down from 177 in Q1 2024.
- Funds reported $917M of Safety Insurance stock for Q2 2024, down 8.6% quarter-over-quarter.
- 21 funds opened new Safety Insurance positions in Q2 2024 and 23 closed out, a net change of -2 holders.
- The largest Safety Insurance buyer in Q2 2024 was Adage Capital Partners, an estimated $7.46M added.
- The largest Safety Insurance seller in Q2 2024 was Victory Capital Management, an estimated $3.05M sold.
Based on aggregated 13F filings for Q2 2024.