Selective Insurance
SIGI
214 hedge funds and large institutions have $1.96B invested in Selective Insurance in 2016 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 61 increasing their positions, 87 reducing their positions, and 23 closing their positions.
78.79% more ownership
Funds ownership: 0% → 78.79% (+79%)
48% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 23
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
9% more capital invested
Capital invested by funds: $1.79B → $1.96B (+$169M)
4% more funds holding
Funds holding: 205 → 214 (+9)
30% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$33M |
| 2 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$18.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.7M |
| 4 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
+$10.3M |
| 5 |
JP Morgan Chase
New York
|
+$6.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$21.5M |
| 2 |
TA
Teachers Advisors
New York
|
-$12.3M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$10.7M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$9.49M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$8.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Balyasny Asset Management
Chicago,
Illinois
| – | -$487K | -12,220 | Closed |
|
|
CCMH
227
Cornerstone Capital Management Holdings
New York
| – | -$486K | -12,200 | Closed |
|
|
SB
228
Suntrust Banks
Atlanta,
Georgia
| – | -$331K | -8,311 | Closed |
|
|
AIA
229
Affinity Investment Advisors
Newport Beach,
California
| – | -$284K | -7,134 | Closed |
|
|
TC
230
TFS Capital
West Chester,
Pennsylvania
| – | -$224K | -5,617 | Closed |
|
231
Tudor Investment Corp
Stamford,
Connecticut
| – | -$207K | -5,200 | Closed |
|
|
PAM
232
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$205K | -5,133 | Closed |
|
|
SCA
233
Stuart Chaussee & Associates
Palos Verdes Estates,
California
| – | -$18K | -444 | Closed |
|
|
JFA
234
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$8K | -202 | Closed |
|
|
S
235
SignatureFD
Atlanta,
Georgia
| – | -$8K | -202 | Closed |
|
236
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$5K | -129 | Closed |
|
|
WTB
237
Washington Trust Bank
Spokane,
Washington
| – | -$2K | -61 | Closed |
|
SIGI Hedge Fund Activity: Q4 2016 in Review
214 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q4 2016, worth a combined $1.96B — up 9.4% from $1.79B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SIGI positions and 23 closed out — a net gain of 11 holders — while 61 added to existing stakes and 87 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $33M. The largest seller was Wells Fargo, cutting an estimated $21.5M.
- 214 institutional investors held Selective Insurance (SIGI) as of Q4 2016, up from 205 in Q3 2016.
- Funds reported $1.96B of Selective Insurance stock for Q4 2016, up 9.4% quarter-over-quarter.
- 34 funds opened new Selective Insurance positions in Q4 2016 and 23 closed out, a net change of +11 holders.
- The largest Selective Insurance buyer in Q4 2016 was Fidelity Investments, an estimated $33M added.
- The largest Selective Insurance seller in Q4 2016 was Wells Fargo, an estimated $21.5M sold.
Based on aggregated 13F filings for Q4 2016.