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Selective Insurance

331 hedge funds and large institutions have $5.55B invested in Selective Insurance in 2024 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 110 increasing their positions, 126 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

289% more call options, than puts

Call options by funds: $1.57M | Put options by funds: $404K

7% more capital invested

Capital invested by funds: $5.21B → $5.55B (+$340M)

1% less funds holding

Funds holding: 334331 (-3)

3% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 40

2.57% less ownership

Funds ownership: 86.39%83.82% (-2.6%)

13% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 126

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
331
Holders Change
-3
Holders Change %
-0.9%
% of All Funds
4.77%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
39
Increased
110
Reduced
126
Closed
40
Calls
$1.57M
Puts
$404K
Net Calls
+$1.17M
Net Calls Change
-$215K
Name Holding Trade Value Shares
Change
Change in
Stake
GFS
251
GYL Financial Synergies
Connecticut
$259K -$2.88K -28 -1%
BMSSC
252
B. Metzler seel. Sohn & Co
Germany
$257K +$243K +2,355 New
MML Investors Services
253
MML Investors Services
Massachusetts
$253K -$103 -1 -0%
DACG
254
Donor Advised Charitable Giving
California
$242K -$30.1K -292 -12%
Franklin Resources
255
Franklin Resources
California
$237K +$1.65K +16 +0.7%
WS
256
Wedbush Securities
California
$235K +$222K +2,153 New
BWG
257
Berry Wealth Group
Texas
$235K +$222K +2,151 New
AAS
258
Avantax Advisory Services
Texas
$231K +$103 +1 +0%
NI
259
NDVR Inc
Massachusetts
$231K +$218K +2,116 New
HCA
260
Harbor Capital Advisors
Illinois
$230K +$217K +2,103 New
SAM
261
Shell Asset Management
Netherlands
$229K -$25.9K -251 -9%
DAM
262
Diamant Asset Management
Connecticut
$223K
NCM
263
NCM Capital Management
New Jersey
$221K
ASN
264
Advisory Services Network
Georgia
$219K -$4.43K -43 -2%
BFS
265
Bradley Foster & Sargent
Connecticut
$218K +$206K +2,000 New
NSEDCP
266
NJ State Employees Deferred Compensation Plan
New Jersey
$218K +$206K +2,000 New
RC
267
Roundview Capital
New Jersey
$217K +$205K +1,989 New
LWAM
268
Legacy Wealth Asset Management
Minnesota
$216K +$204K +1,979 New
FFM
269
Forum Financial Management
Illinois
$213K -$20.1K -195 -9%
KPWS
270
Kestra Private Wealth Services
Texas
$210K +$198K +1,921 New
SPIA
271
Steward Partners Investment Advisory
New York
$205K
BP
272
Ballentine Partners
Massachusetts
$204K +$193K +1,871 New
TRCT
273
Tower Research Capital (TRC)
New York
$174K -$745K -7,234 -82%
TF
274
Tompkins Financial
New York
$157K
KBC Group
275
KBC Group
Belgium
$144K +$24.3K +236 +22%

SIGI Hedge Fund Activity: Q1 2024 in Review

331 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2024, worth a combined $5.55B — up 6.5% from $5.21B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of SIGI and 39 opened new positions — a net loss of 1 holder — while 126 trimmed existing stakes and 110 added.

The largest buyer was First Trust Advisors, adding an estimated $58.9M. The largest seller was Morgan Stanley, cutting an estimated $206M.

  • 331 institutional investors held Selective Insurance (SIGI) as of Q1 2024, down from 334 in Q4 2023.
  • Funds reported $5.55B of Selective Insurance stock for Q1 2024, up 6.5% quarter-over-quarter.
  • 39 funds opened new Selective Insurance positions in Q1 2024 and 40 closed out, a net change of -1 holder.
  • The largest Selective Insurance buyer in Q1 2024 was First Trust Advisors, an estimated $58.9M added.
  • The largest Selective Insurance seller in Q1 2024 was Morgan Stanley, an estimated $206M sold.

Based on aggregated 13F filings for Q1 2024.