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Safety Insurance

172 hedge funds and large institutions have $800M invested in Safety Insurance in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 54 increasing their positions, 76 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

682% more call options, than puts

Call options by funds: $266K | Put options by funds: $34K

7% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 14

0% more funds holding

Funds holding: 172172 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.12% less ownership

Funds ownership: 79.42%79.31% (-0.12%)

6% less capital invested

Capital invested by funds: $847M → $800M (-$47.3M)

29% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 76

Holders
172
Holders Change
Holders Change %
0%
% of All Funds
2.73%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
54
Reduced
76
Closed
14
Calls
$266K
Puts
$34K
Net Calls
+$232K
Net Calls Change
+$210K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$145M -$1.51M -21,716 -1%
SC
2
SRB Corp
Massachusetts
$126M +$2.25M +32,384 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$111M -$33.3K -478 -0%
Victory Capital Management
4
Victory Capital Management
Texas
$78.8M +$2.09M +29,996 +3%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$50.6M +$663K +9,526 +1%
State Street
6
State Street
Massachusetts
$37.9M +$103K +1,478 +0.3%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$21.5M +$628K +9,024 +3%
Charles Schwab
8
Charles Schwab
California
$14.1M +$935K +13,430 +7%
Renaissance Technologies
9
Renaissance Technologies
New York
$13.6M +$633K +9,100 +5%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$13.3M -$540K -7,753 -4%
Northern Trust
11
Northern Trust
Illinois
$11M -$1.91M -27,408 -15%
JP Morgan Chase
12
JP Morgan Chase
New York
$9.93M -$61.2K -880 -0.6%
Morgan Stanley
13
Morgan Stanley
New York
$8.17M +$121K +1,739 +1%
Millennium Management
14
Millennium Management
New York
$7.78M +$1.68M +24,131 +27%
Kayne Anderson Rudnick Investment Management
15
Kayne Anderson Rudnick Investment Management
California
$7.77M -$338K -4,864 -4%
Invesco
16
Invesco
Georgia
$7.71M -$46.9K -674 -0.6%
RA
17
Royce & Associates
New York
$7.48M +$348K +5,000 +5%
American Century Companies
18
American Century Companies
Missouri
$5.61M -$337K -4,848 -6%
Principal Financial Group
19
Principal Financial Group
Iowa
$5.43M -$330K -4,745 -6%
TD Asset Management
20
TD Asset Management
Ontario, Canada
$5.41M -$1.01M -14,500 -15%
Hotchkis & Wiley Capital Management
21
Hotchkis & Wiley Capital Management
California
$5.17M
NAMM
22
NorthStar Asset Management (Massachusetts)
Massachusetts
$4.83M +$109K +1,565 +2%
Goldman Sachs
23
Goldman Sachs
New York
$4.28M +$52K +747 +1%
N
24
Nuveen
North Carolina
$4.16M +$1.11M +15,966 +35%
Robeco Institutional Asset Management
25
Robeco Institutional Asset Management
Netherlands
$3.85M -$1.21M -17,412 -24%

SAFT Hedge Fund Activity: Q3 2023 in Review

172 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Safety Insurance (SAFT) for Q3 2023, worth a combined $800M — down 5.6% from $847M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new SAFT positions and 14 closed out — a net gain of 1 holder — while 54 added to existing stakes and 76 trimmed.

The largest buyer was SRB Corp, adding an estimated $2.25M. The largest seller was Citadel Advisors, cutting an estimated $2.73M.

  • 172 institutional investors held Safety Insurance (SAFT) as of Q3 2023, unchanged from Q2 2023.
  • Funds reported $800M of Safety Insurance stock for Q3 2023, down 5.6% quarter-over-quarter.
  • 15 funds opened new Safety Insurance positions in Q3 2023 and 14 closed out, a net change of +1 holder.
  • The largest Safety Insurance buyer in Q3 2023 was SRB Corp, an estimated $2.25M added.
  • The largest Safety Insurance seller in Q3 2023 was Citadel Advisors, an estimated $2.73M sold.

Based on aggregated 13F filings for Q3 2023.