Safety Insurance
SAFT
153 hedge funds and large institutions have $853M invested in Safety Insurance in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 65 increasing their positions, 44 reducing their positions, and 20 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 44
0.66% more ownership
Funds ownership: 79.69% → 80.34% (+0.66%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $890M → $853M (-$36.3M)
8% less funds holding
Funds holding: 166 → 153 (-13)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
67% less call options, than puts
Call options by funds: $3.46M | Put options by funds: $10.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$105M |
| 2 |
Renaissance Technologies
New York
|
+$6.87M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$6.44M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$5.96M |
| 5 |
State Street
Boston,
Massachusetts
|
+$5.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$7.6M |
| 2 |
MOACM
Mutual of America Capital Management
New York
|
-$4.96M |
| 3 |
MCM
Matarin Capital Management
New York
|
-$4.14M |
| 4 |
Citigroup
New York
|
-$4.12M |
| 5 |
Millennium Management
New York
|
-$2.98M |
SAFT Hedge Fund Activity: Q1 2017 in Review
153 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Safety Insurance (SAFT) for Q1 2017, worth a combined $853M — down 4.1% from $890M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SAFT and 13 opened new positions — a net loss of 7 holders — while 44 trimmed existing stakes and 65 added.
The largest buyer was BlackRock, adding an estimated $105M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $7.6M sold.
- 153 institutional investors held Safety Insurance (SAFT) as of Q1 2017, down from 166 in Q4 2016.
- Funds reported $853M of Safety Insurance stock for Q1 2017, down 4.1% quarter-over-quarter.
- 13 funds opened new Safety Insurance positions in Q1 2017 and 20 closed out, a net change of -7 holders.
- The largest Safety Insurance buyer in Q1 2017 was BlackRock, an estimated $105M added.
- The largest Safety Insurance seller in Q1 2017 was Neuberger Berman Group, an estimated $7.6M sold.
Based on aggregated 13F filings for Q1 2017.