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Safety Insurance

174 hedge funds and large institutions have $921M invested in Safety Insurance in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 47 increasing their positions, 72 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

433% more call options, than puts

Call options by funds: $160K | Put options by funds: $30K

15% more capital invested

Capital invested by funds: $800M → $921M (+$121M)

13% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 16

2.6% more ownership

Funds ownership: 79.31%81.91% (+2.6%)

1% more funds holding

Funds holding: 172174 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

35% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 72

Holders
174
Holders Change
+2
Holders Change %
+1.16%
% of All Funds
2.54%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
18
Increased
47
Reduced
72
Closed
16
Calls
$160K
Puts
$30K
Net Calls
+$130K
Net Calls Change
-$102K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$162M +$767K +10,155 +0.5%
SC
2
SRB Corp
Massachusetts
$140M
Vanguard Group
3
Vanguard Group
Pennsylvania
$125M +$1.26M +16,684 +1%
Victory Capital Management
4
Victory Capital Management
Texas
$89.2M +$1.43M +19,004 +2%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$56.3M -$62.8K -832 -0.1%
State Street
6
State Street
Massachusetts
$44.5M +$2.31M +30,546 +6%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$24.8M +$895K +11,860 +4%
Morgan Stanley
8
Morgan Stanley
New York
$23.6M +$14.4M +191,055 +159%
Charles Schwab
9
Charles Schwab
California
$16.5M +$740K +9,803 +5%
TCM
10
TimesSquare Capital Management
New York
$15.3M +$15.2M +200,900 New
Renaissance Technologies
11
Renaissance Technologies
New York
$12.9M -$2.21M -29,300 -15%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$12.9M -$1.97M -26,145 -13%
JP Morgan Chase
13
JP Morgan Chase
New York
$12.4M +$1.32M +17,491 +12%
Northern Trust
14
Northern Trust
Illinois
$12.3M +$59.9K +794 +0.5%
RA
15
Royce & Associates
New York
$8.34M
Kayne Anderson Rudnick Investment Management
16
Kayne Anderson Rudnick Investment Management
California
$8.28M -$380K -5,029 -4%
Invesco
17
Invesco
Georgia
$7.93M -$655K -8,671 -8%
American Century Companies
18
American Century Companies
Missouri
$5.94M -$305K -4,039 -5%
Principal Financial Group
19
Principal Financial Group
Iowa
$5.86M -$196K -2,601 -3%
Hotchkis & Wiley Capital Management
20
Hotchkis & Wiley Capital Management
California
$5.69M -$67.9K -900 -1%
HSBC Holdings
21
HSBC Holdings
United Kingdom
$5.4M +$5.03M +66,696 +1,430%
NAMM
22
NorthStar Asset Management (Massachusetts)
Massachusetts
$5.36M -$19.7K -261 -0.4%
TD Asset Management
23
TD Asset Management
Ontario, Canada
$5.12M -$906K -12,000 -15%
Ameriprise
24
Ameriprise
Minnesota
$4.7M +$481K +6,371 +11%
Goldman Sachs
25
Goldman Sachs
New York
$4.35M -$417K -5,524 -9%

SAFT Hedge Fund Activity: Q4 2023 in Review

174 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Safety Insurance (SAFT) for Q4 2023, worth a combined $921M — up 15% from $800M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new SAFT positions and 16 closed out — a net gain of 2 holders — while 47 added to existing stakes and 72 trimmed.

The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $15.2M. The largest seller was Millennium Management, cutting an estimated $6.5M.

  • 174 institutional investors held Safety Insurance (SAFT) as of Q4 2023, up from 172 in Q3 2023.
  • Funds reported $921M of Safety Insurance stock for Q4 2023, up 15% quarter-over-quarter.
  • 18 funds opened new Safety Insurance positions in Q4 2023 and 16 closed out, a net change of +2 holders.
  • The largest Safety Insurance buyer in Q4 2023 was TimesSquare Capital Management, an estimated $15.2M added.
  • The largest Safety Insurance seller in Q4 2023 was Millennium Management, an estimated $6.5M sold.

Based on aggregated 13F filings for Q4 2023.