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Selective Insurance

276 hedge funds and large institutions have $4.95B invested in Selective Insurance in 2023 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 101 increasing their positions, 106 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

480% more call options, than puts

Call options by funds: $772K | Put options by funds: $133K

50% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 18

12% more capital invested

Capital invested by funds: $4.41B → $4.95B (+$543M)

2% more funds holding

Funds holding: 271276 (+5)

1.24% more ownership

Funds ownership: 84.82%86.06% (+1.2%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

5% less repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 106

Holders
276
Holders Change
+5
Holders Change %
+1.85%
% of All Funds
4.4%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
27
Increased
101
Reduced
106
Closed
18
Calls
$772K
Puts
$133K
Net Calls
+$639K
Net Calls Change
-$389K
Name Holding Trade Value Shares
Change
Change in
Stake
Janus Henderson Group
26
Janus Henderson Group
United Kingdom
$50.7M -$49.6M -518,473 -49%
Bank of America
27
Bank of America
North Carolina
$43.2M +$3.83M +39,992 +10%
JP Morgan Chase
28
JP Morgan Chase
New York
$38M +$9.24M +96,592 +32%
Wellington Management Group
29
Wellington Management Group
Massachusetts
$38M +$1M +10,462 +3%
SFM
30
Systematic Financial Management
New Jersey
$37.1M -$10.6K -111 -0%
VNIM
31
Vaughan Nelson Investment Management
Texas
$36.1M -$734K -7,670 -2%
N
32
Nuveen
North Carolina
$33.3M -$1.91M -20,006 -5%
Franklin Resources
33
Franklin Resources
California
$30.5M -$176K -1,839 -0.6%
Lord, Abbett & Co
34
Lord, Abbett & Co
New Jersey
$30.1M -$5.45M -56,957 -15%
California Public Employees Retirement System
35
California Public Employees Retirement System
California
$30M +$10.9M +113,910 +57%
Balyasny Asset Management
36
Balyasny Asset Management
Illinois
$30M +$17.4M +182,148 +137%
TCM
37
Tributary Capital Management
Nebraska
$29.6M -$1.39M -14,559 -4%
Public Employees Retirement Association of Colorado
38
Public Employees Retirement Association of Colorado
Colorado
$28.7M +$288K +3,011 +1%
Principal Financial Group
39
Principal Financial Group
Iowa
$22.8M +$485K +5,070 +2%
RhumbLine Advisers
40
RhumbLine Advisers
Massachusetts
$22.4M -$112K -1,173 -0.5%
CIP
41
Chartwell Investment Partners
Pennsylvania
$21.5M -$445K -4,650 -2%
PC
42
Port Capital
Illinois
$21.4M +$6.52M +68,125 +44%
IR
43
IAT Reinsurance
New York
$19.1M
Millennium Management
44
Millennium Management
New York
$18.1M +$17.7M +184,702 +3,480%
New York State Common Retirement Fund
45
New York State Common Retirement Fund
New York
$15.5M -$554K -5,789 -3%
Legal & General Group
46
Legal & General Group
United Kingdom
$14.2M +$450K +4,700 +3%
EIP
47
Epoch Investment Partners
New York
$14M +$14.1M +147,126 New
MOACM
48
Mutual of America Capital Management
New York
$13.3M -$365K -3,813 -3%
SGCIA
49
Smith Graham & Co Investment Advisors
Texas
$12.5M -$39.8K -416 -0.3%
Swiss National Bank
50
Swiss National Bank
Switzerland
$12.4M -$1.49M -15,600 -11%

SIGI Hedge Fund Activity: Q1 2023 in Review

276 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2023, worth a combined $4.95B — up 12% from $4.41B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new SIGI positions and 18 closed out — a net gain of 9 holders — while 101 added to existing stakes and 106 trimmed.

The largest buyer was Boston Trust Walden, adding an estimated $33.7M. The largest seller was Janus Henderson Group, cutting an estimated $49.6M.

  • 276 institutional investors held Selective Insurance (SIGI) as of Q1 2023, up from 271 in Q4 2022.
  • Funds reported $4.95B of Selective Insurance stock for Q1 2023, up 12% quarter-over-quarter.
  • 27 funds opened new Selective Insurance positions in Q1 2023 and 18 closed out, a net change of +9 holders.
  • The largest Selective Insurance buyer in Q1 2023 was Boston Trust Walden, an estimated $33.7M added.
  • The largest Selective Insurance seller in Q1 2023 was Janus Henderson Group, an estimated $49.6M sold.

Based on aggregated 13F filings for Q1 2023.