Safety Insurance
SAFT
150 hedge funds and large institutions have $806M invested in Safety Insurance in 2016 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 65 increasing their positions, 36 reducing their positions, and 12 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 36
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
7% more capital invested
Capital invested by funds: $752M → $806M (+$54.7M)
6% more funds holding
Funds holding: 141 → 150 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
82% less call options, than puts
Call options by funds: $1.5M | Put options by funds: $8.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.82M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.45M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.29M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$2.28M |
| 5 |
MCM
Matarin Capital Management
New York
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$11.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$7.98M |
| 3 |
CRM
Capital Returns Management
Rye,
New York
|
-$7.26M |
| 4 |
Neuberger Berman Group
New York
|
-$5.62M |
| 5 |
Bank of New York Mellon
New York
|
-$3.61M |
SAFT Hedge Fund Activity: Q3 2016 in Review
150 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Safety Insurance (SAFT) for Q3 2016, worth a combined $806M — up 7.3% from $752M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new SAFT positions and 12 closed out — a net gain of 9 holders — while 65 added to existing stakes and 36 trimmed.
The largest buyer was Vanguard Group, adding an estimated $3.82M. The largest seller was Vulcan Value Partners, cutting an estimated $11.9M.
- 150 institutional investors held Safety Insurance (SAFT) as of Q3 2016, up from 141 in Q2 2016.
- Funds reported $806M of Safety Insurance stock for Q3 2016, up 7.3% quarter-over-quarter.
- 21 funds opened new Safety Insurance positions in Q3 2016 and 12 closed out, a net change of +9 holders.
- The largest Safety Insurance buyer in Q3 2016 was Vanguard Group, an estimated $3.82M added.
- The largest Safety Insurance seller in Q3 2016 was Vulcan Value Partners, an estimated $11.9M sold.
Based on aggregated 13F filings for Q3 2016.