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Selective Insurance

205 hedge funds and large institutions have $1.79B invested in Selective Insurance in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 65 increasing their positions, 94 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less capital invested

Capital invested by funds: $1.83B → $1.79B (-$34.6M)

4% less funds holding

Funds holding: 213205 (-8)

27% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 22

31% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 94

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

Holders
205
Holders Change
-8
Holders Change %
-3.76%
% of All Funds
5.47%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.11%
New
16
Increased
65
Reduced
94
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TCM
26
Tributary Capital Management
Nebraska
$14.2M +$960K +24,434 +7%
EA
27
Emerald Acquisition
Washington
$11.3M -$2.87M -73,039 -20%
PAM
28
Panagora Asset Management
Massachusetts
$10.7M +$2.02M +51,398 +24%
Charles Schwab
29
Charles Schwab
California
$10.7M -$2.56M -65,209 -19%
Franklin Resources
30
Franklin Resources
California
$10.7M -$1.64M -41,600 -13%
PPA
31
Parametric Portfolio Associates
Washington
$10.3M -$583K -14,838 -5%
NAM
32
Netols Asset Management
Wisconsin
$10.2M -$214K -5,455 -2%
BIM
33
BlackRock Investment Management
Delaware
$10.1M -$27.8K -706 -0.3%
BCM
34
Bridgeway Capital Management
Texas
$9.24M -$23.6K -600 -0.3%
SGCIA
35
Smith Graham & Co Investment Advisors
Texas
$9.19M +$260K +6,620 +3%
ICOM
36
Investment Counselors of Maryland
Maryland
$8.9M -$1.44M -36,600 -14%
LSV Asset Management
37
LSV Asset Management
Illinois
$8.88M -$4.27M -108,654 -33%
IR
38
IAT Reinsurance
New York
$7.97M
Morgan Stanley
39
Morgan Stanley
New York
$7.91M +$3.13M +79,582 +67%
JP Morgan Chase
40
JP Morgan Chase
New York
$7.78M -$5.46M -138,937 -42%
Arrowstreet Capital
41
Arrowstreet Capital
Massachusetts
$7.67M +$1.17M +29,804 +18%
American Century Companies
42
American Century Companies
Missouri
$7.64M -$353K -8,976 -4%
BGIM
43
Brandywine Global Investment Management
Pennsylvania
$7.57M +$62.9K +1,600 +0.8%
BA
44
BlackRock Advisors
Delaware
$7.5M
MCM
45
Matarin Capital Management
New York
$7.33M +$2.15M +54,672 +42%
Citadel Advisors
46
Citadel Advisors
Florida
$6.67M +$573K +14,585 +10%
PP
47
Prospector Partners
Connecticut
$6.55M +$82.5K +2,100 +1%
Deutsche Bank
48
Deutsche Bank
Germany
$6.53M -$845K -21,509 -12%
Stifel Financial
49
Stifel Financial
Missouri
$6.49M +$1.16M +29,452 +22%
MAM
50
Martingale Asset Management
Massachusetts
$6.19M +$2.97M +75,516 +95%

SIGI Hedge Fund Activity: Q3 2016 in Review

205 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q3 2016, worth a combined $1.79B — down 1.9% from $1.83B a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of SIGI and 16 opened new positions — a net loss of 6 holders — while 94 trimmed existing stakes and 65 added.

The largest buyer was AllianceBernstein, adding an estimated $52.2M. The largest seller was Macquarie Group, cutting an estimated $112M.

  • 205 institutional investors held Selective Insurance (SIGI) as of Q3 2016, down from 213 in Q2 2016.
  • Funds reported $1.79B of Selective Insurance stock for Q3 2016, down 1.9% quarter-over-quarter.
  • 16 funds opened new Selective Insurance positions in Q3 2016 and 22 closed out, a net change of -6 holders.
  • The largest Selective Insurance buyer in Q3 2016 was AllianceBernstein, an estimated $52.2M added.
  • The largest Selective Insurance seller in Q3 2016 was Macquarie Group, an estimated $112M sold.

Based on aggregated 13F filings for Q3 2016.