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Safety Insurance

124 hedge funds and large institutions have $669M invested in Safety Insurance in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 54 increasing their positions, 41 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

424% more call options, than puts

Call options by funds: $812K | Put options by funds: $155K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

32% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 41

3% less capital invested

Capital invested by funds: $688M → $669M (-$19M)

5% less funds holding

Funds holding: 131124 (-7)

40% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 15

Holders
124
Holders Change
-7
Holders Change %
-5.34%
% of All Funds
3.46%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
9
Increased
54
Reduced
41
Closed
15
Calls
$812K
Puts
$155K
Net Calls
+$657K
Net Calls Change
+$240K
Name Holding Trade Value Shares
Change
Change in
Stake
SC
1
SRB Corp
Massachusetts
$78.2M +$762K +13,659 +1%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$67.5M -$1.32M -23,723 -2%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$61.4M +$3.04M +54,590 +5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$55M +$1.09M +19,524 +2%
Neuberger Berman Group
5
Neuberger Berman Group
New York
$51.9M -$1.86M -33,400 -3%
BFA
6
BlackRock Fund Advisors
California
$45.2M +$3.1M +55,531 +7%
VVP
7
Vulcan Value Partners
Alabama
$35.3M +$3.87M +69,485 +12%
Northern Trust
8
Northern Trust
Illinois
$29.6M -$5.42M -97,169 -15%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$24.2M +$1.63M +29,263 +7%
BIT
10
BlackRock Institutional Trust
California
$21.5M +$424K +7,598 +2%
Invesco
11
Invesco
Georgia
$17.4M +$8.91M +159,864 +99%
State Street
12
State Street
Massachusetts
$16.2M +$479K +8,596 +3%
CRM
13
Capital Returns Management
New York
$15.8M +$16.3M +292,362 New
Norges Bank
14
Norges Bank
Norway
$10.7M
Ameriprise
15
Ameriprise
Minnesota
$10.5M +$420K +7,526 +4%
DC
16
Davenport & Co
Virginia
$8.83M -$2.14M -38,381 -19%
Renaissance Technologies
17
Renaissance Technologies
New York
$7.03M +$2.5M +44,800 +53%
Boston Partners
18
Boston Partners
Massachusetts
$6.09M +$118K +2,124 +2%
Deutsche Bank
19
Deutsche Bank
Germany
$5.69M +$2M +35,792 +52%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$5.14M -$80.5K -1,444 -1%
MOACM
21
Mutual of America Capital Management
New York
$5.04M +$2.29M +41,000 +79%
Principal Financial Group
22
Principal Financial Group
Iowa
$4.79M +$622K +11,152 +14%
Massachusetts Financial Services
23
Massachusetts Financial Services
Massachusetts
$4.54M +$371K +6,650 +9%
Charles Schwab
24
Charles Schwab
California
$4.11M +$279K +5,006 +7%
WHG
25
Westwood Holdings Group
Texas
$3.99M -$151K -2,700 -4%

SAFT Hedge Fund Activity: Q3 2015 in Review

124 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Safety Insurance (SAFT) for Q3 2015, worth a combined $669M — down 2.8% from $688M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of SAFT and 9 opened new positions — a net loss of 6 holders — while 41 trimmed existing stakes and 54 added.

The largest buyer was Capital Returns Management, opening a new position worth an estimated $16.3M. The largest seller was Northern Trust, cutting an estimated $5.42M.

  • 124 institutional investors held Safety Insurance (SAFT) as of Q3 2015, down from 131 in Q2 2015.
  • Funds reported $669M of Safety Insurance stock for Q3 2015, down 2.8% quarter-over-quarter.
  • 9 funds opened new Safety Insurance positions in Q3 2015 and 15 closed out, a net change of -6 holders.
  • The largest Safety Insurance buyer in Q3 2015 was Capital Returns Management, an estimated $16.3M added.
  • The largest Safety Insurance seller in Q3 2015 was Northern Trust, an estimated $5.42M sold.

Based on aggregated 13F filings for Q3 2015.