Selective Insurance
SIGI
231 hedge funds and large institutions have $2.36B invested in Selective Insurance in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 84 increasing their positions, 90 reducing their positions, and 57 closing their positions.
4,538% more call options, than puts
Call options by funds: $974K | Put options by funds: $21K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
0.78% more ownership
Funds ownership: 78.68% → 79.46% (+0.78%)
7% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 90
14% less funds holding
Funds holding: 269 → 231 (-38)
23% less capital invested
Capital invested by funds: $3.05B → $2.36B (-$689M)
60% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$27.2M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$23.9M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$20.1M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$13.9M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$22.5M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$22M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$17.1M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$14.8M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$13M |
SIGI Hedge Fund Activity: Q1 2020 in Review
231 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2020, worth a combined $2.36B — down 23% from $3.05B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of SIGI and 23 opened new positions — a net loss of 34 holders — while 90 trimmed existing stakes and 84 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $27.2M. The largest seller was Dimensional Fund Advisors, cutting an estimated $22.5M.
- 231 institutional investors held Selective Insurance (SIGI) as of Q1 2020, down from 269 in Q4 2019.
- Funds reported $2.36B of Selective Insurance stock for Q1 2020, down 23% quarter-over-quarter.
- 23 funds opened new Selective Insurance positions in Q1 2020 and 57 closed out, a net change of -34 holders.
- The largest Selective Insurance buyer in Q1 2020 was Wellington Management Group, an estimated $27.2M added.
- The largest Selective Insurance seller in Q1 2020 was Dimensional Fund Advisors, an estimated $22.5M sold.
Based on aggregated 13F filings for Q1 2020.