Selective Insurance
SIGI
334 hedge funds and large institutions have $5.21B invested in Selective Insurance in 2023 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 108 increasing their positions, 111 reducing their positions, and 20 closing their positions.
356% more call options, than puts
Call options by funds: $1.77M | Put options by funds: $388K
205% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 20
12% more funds holding
Funds holding: 298 → 334 (+36)
2.21% more ownership
Funds ownership: 84.18% → 86.39% (+2.2%)
1% less capital invested
Capital invested by funds: $5.26B → $5.21B (-$57.2M)
3% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 111
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$222M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$97.2M |
| 3 |
BlackRock
New York
|
+$41.5M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$15.4M |
| 5 |
State Street
Boston,
Massachusetts
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$102M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$51.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.5M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$35.9M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$31M |
SIGI Hedge Fund Activity: Q4 2023 in Review
334 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q4 2023, worth a combined $5.21B — down 1.1% from $5.26B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new SIGI positions and 20 closed out — a net gain of 41 holders — while 108 added to existing stakes and 111 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $222M. The largest seller was AllianceBernstein, cutting an estimated $102M.
- 334 institutional investors held Selective Insurance (SIGI) as of Q4 2023, up from 298 in Q3 2023.
- Funds reported $5.21B of Selective Insurance stock for Q4 2023, down 1.1% quarter-over-quarter.
- 61 funds opened new Selective Insurance positions in Q4 2023 and 20 closed out, a net change of +41 holders.
- The largest Selective Insurance buyer in Q4 2023 was Morgan Stanley, an estimated $222M added.
- The largest Selective Insurance seller in Q4 2023 was AllianceBernstein, an estimated $102M sold.
Based on aggregated 13F filings for Q4 2023.