Safety Insurance
SAFT
166 hedge funds and large institutions have $890M invested in Safety Insurance in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 67 increasing their positions, 46 reducing their positions, and 10 closing their positions.
200% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 10
79.69% more ownership
Funds ownership: 0% → 79.69% (+80%)
46% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 46
12% more funds holding
Funds holding: 148 → 166 (+18)
11% more capital invested
Capital invested by funds: $803M → $890M (+$86.9M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less call options, than puts
Call options by funds: $4.11M | Put options by funds: $8.96M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$15.5M |
| 2 |
Millennium Management
New York
|
+$5.29M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.71M |
| 4 |
Morgan Stanley
New York
|
+$4.38M |
| 5 |
Two Sigma Investments
New York
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$24.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$19M |
| 3 |
CRM
Capital Returns Management
Rye,
New York
|
-$11.3M |
| 4 |
Neuberger Berman Group
New York
|
-$7.32M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.75M |
SAFT Hedge Fund Activity: Q4 2016 in Review
166 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Safety Insurance (SAFT) for Q4 2016, worth a combined $890M — up 11% from $803M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SAFT positions and 10 closed out — a net gain of 20 holders — while 67 added to existing stakes and 46 trimmed.
The largest buyer was Robeco Institutional Asset Management, adding an estimated $15.5M. The largest seller was Vulcan Value Partners, exiting entirely with an estimated $24.9M sold.
- 166 institutional investors held Safety Insurance (SAFT) as of Q4 2016, up from 148 in Q3 2016.
- Funds reported $890M of Safety Insurance stock for Q4 2016, up 11% quarter-over-quarter.
- 30 funds opened new Safety Insurance positions in Q4 2016 and 10 closed out, a net change of +20 holders.
- The largest Safety Insurance buyer in Q4 2016 was Robeco Institutional Asset Management, an estimated $15.5M added.
- The largest Safety Insurance seller in Q4 2016 was Vulcan Value Partners, an estimated $24.9M sold.
Based on aggregated 13F filings for Q4 2016.