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Safety Insurance

177 hedge funds and large institutions have $1B invested in Safety Insurance in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 52 increasing their positions, 69 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,191% more call options, than puts

Call options by funds: $756K | Put options by funds: $33K

27% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 15

9% more capital invested

Capital invested by funds: $921M → $1B (+$82.5M)

2% more funds holding

Funds holding: 174177 (+3)

0.61% more ownership

Funds ownership: 81.91%82.52% (+0.61%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

25% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 69

Holders
177
Holders Change
+3
Holders Change %
+1.72%
% of All Funds
2.55%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
19
Increased
52
Reduced
69
Closed
15
Calls
$756K
Puts
$33K
Net Calls
+$723K
Net Calls Change
+$593K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$178M +$2.4M +29,611 +1%
SC
2
SRB Corp
Massachusetts
$151M
Vanguard Group
3
Vanguard Group
Pennsylvania
$139M +$4.41M +54,441 +3%
Victory Capital Management
4
Victory Capital Management
Texas
$104M +$7.87M +97,047 +8%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$61.3M +$320K +3,947 +0.5%
State Street
6
State Street
Massachusetts
$49.4M +$1.22M +15,071 +3%
TCM
7
TimesSquare Capital Management
New York
$33.3M +$16.6M +204,218 +102%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$27.5M +$624K +7,695 +2%
Charles Schwab
9
Charles Schwab
California
$18.3M +$543K +6,701 +3%
JP Morgan Chase
10
JP Morgan Chase
New York
$14.4M +$970K +11,960 +7%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$13.6M -$363K -4,480 -3%
Northern Trust
12
Northern Trust
Illinois
$13.1M -$219K -2,705 -2%
Renaissance Technologies
13
Renaissance Technologies
New York
$12.7M -$1.24M -15,286 -9%
Morgan Stanley
14
Morgan Stanley
New York
$11.2M -$14.2M -175,101 -56%
RA
15
Royce & Associates
New York
$9.02M
Kayne Anderson Rudnick Investment Management
16
Kayne Anderson Rudnick Investment Management
California
$8.83M -$126K -1,560 -1%
Invesco
17
Invesco
Georgia
$8.18M -$392K -4,833 -5%
American Century Companies
18
American Century Companies
Missouri
$6.44M +$8.76K +108 +0.1%
Principal Financial Group
19
Principal Financial Group
Iowa
$6.31M -$25.5K -314 -0.4%
NAMM
20
NorthStar Asset Management (Massachusetts)
Massachusetts
$5.83M +$33.4K +412 +0.6%
Hotchkis & Wiley Capital Management
21
Hotchkis & Wiley Capital Management
California
$5.67M -$483K -5,960 -8%
TD Asset Management
22
TD Asset Management
Ontario, Canada
$5.18M -$357K -4,400 -7%
Ameriprise
23
Ameriprise
Minnesota
$5.17M +$84.6K +1,043 +2%
Jacobs Levy Equity Management
24
Jacobs Levy Equity Management
New Jersey
$4.51M +$2.36M +29,167 +113%
Goldman Sachs
25
Goldman Sachs
New York
$4.15M -$545K -6,719 -12%

SAFT Hedge Fund Activity: Q1 2024 in Review

177 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Safety Insurance (SAFT) for Q1 2024, worth a combined $1B — up 9% from $921M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new SAFT positions and 15 closed out — a net gain of 4 holders — while 52 added to existing stakes and 69 trimmed.

The largest buyer was TimesSquare Capital Management, adding an estimated $16.6M. The largest seller was Morgan Stanley, cutting an estimated $14.2M.

  • 177 institutional investors held Safety Insurance (SAFT) as of Q1 2024, up from 174 in Q4 2023.
  • Funds reported $1B of Safety Insurance stock for Q1 2024, up 9% quarter-over-quarter.
  • 19 funds opened new Safety Insurance positions in Q1 2024 and 15 closed out, a net change of +4 holders.
  • The largest Safety Insurance buyer in Q1 2024 was TimesSquare Capital Management, an estimated $16.6M added.
  • The largest Safety Insurance seller in Q1 2024 was Morgan Stanley, an estimated $14.2M sold.

Based on aggregated 13F filings for Q1 2024.