Selective Insurance
SIGI
215 hedge funds and large institutions have $1.6B invested in Selective Insurance in 2016 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 91 increasing their positions, 77 reducing their positions, and 15 closing their positions.
11,700% more call options, than puts
Call options by funds: $118K | Put options by funds: $1K
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
18% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 77
9% more capital invested
Capital invested by funds: $1.47B → $1.6B (+$133M)
2% more funds holding
Funds holding: 211 → 215 (+4)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$20.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.35M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$3.93M |
| 4 |
MCM
Matarin Capital Management
New York
|
+$3.39M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$6.69M |
| 2 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$5.05M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$4.72M |
| 4 |
Morgan Stanley
New York
|
-$4.32M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
226
Quantbot Technologies
New York
| – | -$111K | -3,317 | Closed |
|
|
CG
227
Cutler Group
San Francisco,
California
| – | -$82K | -2,475 | Closed |
|
|
IA
228
IFP Advisors
Tampa,
Florida
| – | -$40K | -1,200 | Closed |
|
229
Walleye Trading
New York
| – | -$7K | -218 | Closed |
|
|
HMS
230
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$4K | -133 | Closed |
|
SIGI Hedge Fund Activity: Q1 2016 in Review
215 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2016, worth a combined $1.6B — up 9% from $1.47B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SIGI positions and 15 closed out — a net gain of 4 holders — while 91 added to existing stakes and 77 trimmed.
The largest buyer was Wells Fargo, adding an estimated $20.2M. The largest seller was Russell Frank Company, cutting an estimated $6.69M.
- 215 institutional investors held Selective Insurance (SIGI) as of Q1 2016, up from 211 in Q4 2015.
- Funds reported $1.6B of Selective Insurance stock for Q1 2016, up 9% quarter-over-quarter.
- 19 funds opened new Selective Insurance positions in Q1 2016 and 15 closed out, a net change of +4 holders.
- The largest Selective Insurance buyer in Q1 2016 was Wells Fargo, an estimated $20.2M added.
- The largest Selective Insurance seller in Q1 2016 was Russell Frank Company, an estimated $6.69M sold.
Based on aggregated 13F filings for Q1 2016.