Selective Insurance
SIGI
262 hedge funds and large institutions have $4.2B invested in Selective Insurance in 2022 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 90 increasing their positions, 91 reducing their positions, and 23 closing their positions.
61% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 23
6% more funds holding
Funds holding: 248 → 262 (+14)
1.18% more ownership
Funds ownership: 81.71% → 82.9% (+1.2%)
5% more capital invested
Capital invested by funds: $4.02B → $4.2B (+$187M)
1% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 91
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$46.4M |
| 2 |
CIAS
CFS Investment Advisory Services
Totowa,
New Jersey
|
+$24.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$17.8M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$25.5M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$15.1M |
| 3 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$12.2M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$10.2M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$9.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IPW
276
IronBridge Private Wealth
Austin,
Texas
| – | -$17K | -206 | Closed |
|
|
ACM
277
Aquatic Capital Management
Chicago,
Illinois
| – | -$16K | -200 | Closed |
|
278
Fidelity International
Hamilton,
Bermuda
| – | -$16K | -200 | Closed |
|
|
CT
279
Cambridge Trust
Cambridge,
Massachusetts
| – | -$15K | -185 | Closed |
|
|
HPC
280
HM Payson & Co
Portland,
Maine
| – | -$4K | -45 | Closed |
|
|
ST
281
Sageworth Trust
Lancaster,
Pennsylvania
| – | -$3K | -32 | Closed |
|
|
QT
282
Quantbot Technologies
New York
| – | -$2K | -31 | Closed |
|
|
JFGIW
283
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$1K | -8 | Closed |
|
|
SIC
284
SJS Investment Consulting
Sylvania,
Ohio
| – | +$244 | +3 | New |
|
|
HCP
285
Hexagon Capital Partners
Rogers,
Arkansas
| – | +$325 | +4 | New |
|
SIGI Hedge Fund Activity: Q1 2022 in Review
262 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2022, worth a combined $4.2B — up 4.7% from $4.02B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SIGI positions and 23 closed out — a net gain of 14 holders — while 90 added to existing stakes and 91 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $46.4M. The largest seller was Victory Capital Management, cutting an estimated $25.5M.
- 262 institutional investors held Selective Insurance (SIGI) as of Q1 2022, up from 248 in Q4 2021.
- Funds reported $4.2B of Selective Insurance stock for Q1 2022, up 4.7% quarter-over-quarter.
- 37 funds opened new Selective Insurance positions in Q1 2022 and 23 closed out, a net change of +14 holders.
- The largest Selective Insurance buyer in Q1 2022 was Lord, Abbett & Co, an estimated $46.4M added.
- The largest Selective Insurance seller in Q1 2022 was Victory Capital Management, an estimated $25.5M sold.
Based on aggregated 13F filings for Q1 2022.