Safety Insurance
SAFT
146 hedge funds and large institutions have $933M invested in Safety Insurance in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 66 increasing their positions, 35 reducing their positions, and 10 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 35
12% more capital invested
Capital invested by funds: $829M → $933M (+$103M)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
0.51% more ownership
Funds ownership: 79.79% → 80.3% (+0.51%)
0% more funds holding
Funds holding: 146 → 146 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less call options, than puts
Call options by funds: $9.12M | Put options by funds: $9.47M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$8.08M |
| 2 |
Millennium Management
New York
|
+$2.28M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$2.12M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.98M |
| 5 |
Renaissance Technologies
New York
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$12.2M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.63M |
| 3 |
Morgan Stanley
New York
|
-$1.48M |
| 4 |
JP Morgan Chase
New York
|
-$1.26M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$840K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
151
Cutler Group
San Francisco,
California
| – | -$155K | -2,182 | Closed |
|
152
Creative Planning
Overland Park,
Kansas
| – | -$83K | -1,220 | Closed |
|
|
AIM
153
Acrospire Investment Management
Chicago,
Illinois
| – | -$27K | -396 | Closed |
|
|
EA
154
Edge Advisors
Atlanta,
Georgia
| – | -$5K | -87 | Closed |
|
155
SEI Investments
Oaks,
Pennsylvania
| – | +$142 | +2 | +200% |
|
|
WAM
156
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | +$427 | +6 | New |
|
SAFT Hedge Fund Activity: Q3 2017 in Review
146 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Safety Insurance (SAFT) for Q3 2017, worth a combined $933M — up 12% from $829M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SAFT positions and 10 closed out — a net gain of 1 holder — while 66 added to existing stakes and 35 trimmed.
The largest buyer was Norges Bank, adding an estimated $8.08M. The largest seller was Victory Capital Management, cutting an estimated $12.2M.
- 146 institutional investors held Safety Insurance (SAFT) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $933M of Safety Insurance stock for Q3 2017, up 12% quarter-over-quarter.
- 11 funds opened new Safety Insurance positions in Q3 2017 and 10 closed out, a net change of +1 holder.
- The largest Safety Insurance buyer in Q3 2017 was Norges Bank, an estimated $8.08M added.
- The largest Safety Insurance seller in Q3 2017 was Victory Capital Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q3 2017.