Safety Insurance
SAFT
172 hedge funds and large institutions have $847M invested in Safety Insurance in 2023 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 57 increasing their positions, 67 reducing their positions, and 18 closing their positions.
157% more call options, than puts
Call options by funds: $36K | Put options by funds: $14K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 178 → 172 (-6)
11.48% less ownership
Funds ownership: 90.9% → 79.42% (-11%)
15% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 67
16% less capital invested
Capital invested by funds: $1B → $847M (-$157M)
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$12.1M |
| 2 |
SC
SRB Corp
Boston,
Massachusetts
|
+$9.88M |
| 3 |
Millennium Management
New York
|
+$2.81M |
| 4 |
Goldman Sachs
New York
|
+$2.55M |
| 5 |
Renaissance Technologies
New York
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$122M |
| 2 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$14.1M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$6.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.46M |
| 5 |
E
Ergoteles
New York
|
-$2.5M |
SAFT Hedge Fund Activity: Q2 2023 in Review
172 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Safety Insurance (SAFT) for Q2 2023, worth a combined $847M — down 16% from $1B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of SAFT and 13 opened new positions — a net loss of 5 holders — while 67 trimmed existing stakes and 57 added.
The largest buyer was Victory Capital Management, adding an estimated $12.1M. The largest seller was Bank of New York Mellon, cutting an estimated $122M.
- 172 institutional investors held Safety Insurance (SAFT) as of Q2 2023, down from 178 in Q1 2023.
- Funds reported $847M of Safety Insurance stock for Q2 2023, down 16% quarter-over-quarter.
- 13 funds opened new Safety Insurance positions in Q2 2023 and 18 closed out, a net change of -5 holders.
- The largest Safety Insurance buyer in Q2 2023 was Victory Capital Management, an estimated $12.1M added.
- The largest Safety Insurance seller in Q2 2023 was Bank of New York Mellon, an estimated $122M sold.
Based on aggregated 13F filings for Q2 2023.