Safety Insurance
SAFT
178 hedge funds and large institutions have $1B invested in Safety Insurance in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 66 increasing their positions, 66 reducing their positions, and 26 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 66
8% less call options, than puts
Call options by funds: $260K | Put options by funds: $283K
1.74% less ownership
Funds ownership: 92.64% → 90.9% (-1.7%)
4% less funds holding
Funds holding: 186 → 178 (-8)
8% less capital invested
Capital invested by funds: $1.09B → $1B (-$87.2M)
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$7.8M |
| 2 |
BlackRock
New York
|
+$5.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.74M |
| 4 |
Millennium Management
New York
|
+$4.2M |
| 5 |
E
Ergoteles
New York
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$18.5M |
| 2 |
State Street
Boston,
Massachusetts
|
-$15.1M |
| 3 |
Goldman Sachs
New York
|
-$4.28M |
| 4 |
JP Morgan Chase
New York
|
-$4.07M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$2.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
201
Comerica Securities
Detroit,
Michigan
| – | -$674 | -8 | Closed |
|
202
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$674 | -8 | Closed |
|
|
C
203
Covestor
London,
United Kingdom
| – | -$81 | -1 | -33% |
|
SAFT Hedge Fund Activity: Q1 2023 in Review
178 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Safety Insurance (SAFT) for Q1 2023, worth a combined $1B — down 8% from $1.09B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of SAFT and 20 opened new positions — a net loss of 6 holders — while 66 trimmed existing stakes and 66 added.
The largest buyer was Victory Capital Management, adding an estimated $7.8M. The largest seller was Charles Schwab, cutting an estimated $18.5M.
- 178 institutional investors held Safety Insurance (SAFT) as of Q1 2023, down from 186 in Q4 2022.
- Funds reported $1B of Safety Insurance stock for Q1 2023, down 8% quarter-over-quarter.
- 20 funds opened new Safety Insurance positions in Q1 2023 and 26 closed out, a net change of -6 holders.
- The largest Safety Insurance buyer in Q1 2023 was Victory Capital Management, an estimated $7.8M added.
- The largest Safety Insurance seller in Q1 2023 was Charles Schwab, an estimated $18.5M sold.
Based on aggregated 13F filings for Q1 2023.