Selective Insurance
SIGI
228 hedge funds and large institutions have $2.54B invested in Selective Insurance in 2020 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 80 increasing their positions, 83 reducing their positions, and 35 closing their positions.
8% more capital invested
Capital invested by funds: $2.36B → $2.54B (+$186M)
1.24% more ownership
Funds ownership: 79.46% → 80.7% (+1.2%)
4% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 83
6% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 35
1% less funds holding
Funds holding: 231 → 228 (-3)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$34.3M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$18.3M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$11.6M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$11M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$23.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$15.2M |
| 3 |
Goldman Sachs
New York
|
-$11.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.62M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$7.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
251
Paloma Partners
Greenwich,
Connecticut
| – | -$205K | -4,119 | Closed |
|
|
VI
252
Vestcor Inc
Fredericton,
New Brunswick, Canada
| – | -$149K | -2,988 | Closed |
|
|
FC
253
FORA Capital
Miami,
Florida
| – | -$135K | -2,707 | Closed |
|
|
MFIMFI
254
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
| – | -$113K | -2,275 | Closed |
|
|
AIC
255
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$56K | -1,190 | Closed |
|
256
Lazard Asset Management
New York
| – | -$21K | -434 | Closed |
|
|
JFGIW
257
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$20K | -396 | Closed |
|
|
SF
258
Synovus Financial
Columbus,
Georgia
| – | -$15K | -277 | Closed |
|
|
GT
259
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$17K | -271 | Closed |
|
|
CFGS
260
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$3.24K | -64 | Closed |
|
|
LWA
261
Lenox Wealth Advisors
New York
| – | -$3K | -63 | Closed |
|
|
ASN
262
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -13 | Closed |
|
SIGI Hedge Fund Activity: Q2 2020 in Review
228 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q2 2020, worth a combined $2.54B — up 7.9% from $2.36B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of SIGI and 33 opened new positions — a net loss of 2 holders — while 83 trimmed existing stakes and 80 added.
The largest buyer was Victory Capital Management, adding an estimated $34.3M. The largest seller was Dimensional Fund Advisors, cutting an estimated $23.7M.
- 228 institutional investors held Selective Insurance (SIGI) as of Q2 2020, down from 231 in Q1 2020.
- Funds reported $2.54B of Selective Insurance stock for Q2 2020, up 7.9% quarter-over-quarter.
- 33 funds opened new Selective Insurance positions in Q2 2020 and 35 closed out, a net change of -2 holders.
- The largest Selective Insurance buyer in Q2 2020 was Victory Capital Management, an estimated $34.3M added.
- The largest Selective Insurance seller in Q2 2020 was Dimensional Fund Advisors, an estimated $23.7M sold.
Based on aggregated 13F filings for Q2 2020.