Selective Insurance
SIGI
235 hedge funds and large institutions have $2.48B invested in Selective Insurance in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 66 increasing their positions, 94 reducing their positions, and 19 closing their positions.
119% more call options, than puts
Call options by funds: $855K | Put options by funds: $391K
42% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 19
3% more funds holding
Funds holding: 228 → 235 (+7)
0.16% more ownership
Funds ownership: 80.7% → 80.86% (+0.16%)
2% less capital invested
Capital invested by funds: $2.54B → $2.48B (-$60.1M)
30% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 94
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$55.7M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$31.8M |
| 3 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$23.8M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$17.8M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$29.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$16.5M |
| 3 |
BlackRock
New York
|
-$14.1M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$10.6M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$9.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WC
251
Wexford Capital
West Palm Beach,
Florida
| – | -$74K | -1,400 | Closed |
|
252
Rockefeller Capital Management
New York
| – | -$3.14K | -57 | -85% |
|
|
OPS
253
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$3K | -54 | Closed |
|
SIGI Hedge Fund Activity: Q3 2020 in Review
235 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q3 2020, worth a combined $2.48B — down 2.4% from $2.54B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SIGI positions and 19 closed out — a net gain of 8 holders — while 66 added to existing stakes and 94 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $55.7M. The largest seller was Invesco, cutting an estimated $29.7M.
- 235 institutional investors held Selective Insurance (SIGI) as of Q3 2020, up from 228 in Q2 2020.
- Funds reported $2.48B of Selective Insurance stock for Q3 2020, down 2.4% quarter-over-quarter.
- 27 funds opened new Selective Insurance positions in Q3 2020 and 19 closed out, a net change of +8 holders.
- The largest Selective Insurance buyer in Q3 2020 was Janus Henderson Group, an estimated $55.7M added.
- The largest Selective Insurance seller in Q3 2020 was Invesco, an estimated $29.7M sold.
Based on aggregated 13F filings for Q3 2020.