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Selective Insurance

215 hedge funds and large institutions have $1.6B invested in Selective Insurance in 2016 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 91 increasing their positions, 77 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

11,700% more call options, than puts

Call options by funds: $118K | Put options by funds: $1K

27% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 15

18% more repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 77

9% more capital invested

Capital invested by funds: $1.47B → $1.6B (+$133M)

2% more funds holding

Funds holding: 211215 (+4)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

Holders
215
Holders Change
+4
Holders Change %
+1.9%
% of All Funds
5.73%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.16%
New
19
Increased
91
Reduced
77
Closed
15
Calls
$118K
Puts
$1K
Net Calls
+$117K
Net Calls Change
-$116K
Name Holding Trade Value Shares
Change
Change in
Stake
California Public Employees Retirement System
51
California Public Employees Retirement System
California
$5.98M -$795K -24,000 -13%
AQR Capital Management
52
AQR Capital Management
Connecticut
$5.51M +$2.5M +75,308 +100%
New York State Teachers Retirement System (NYSTRS)
53
New York State Teachers Retirement System (NYSTRS)
New York
$5.42M +$126K +3,800 +3%
Allianz Asset Management
54
Allianz Asset Management
Germany
$5.24M -$127K -3,845 -3%
LPL Financial
55
LPL Financial
California
$5.06M +$8.62K +260 +0.2%
Citadel Advisors
56
Citadel Advisors
Florida
$5M +$875K +26,398 +24%
Bank of Montreal
57
Bank of Montreal
Ontario, Canada
$4.92M -$112K -3,384 -2%
Morgan Stanley
58
Morgan Stanley
New York
$4.58M -$4.32M -130,254 -51%
California State Teachers Retirement System (CalSTRS)
59
California State Teachers Retirement System (CalSTRS)
California
$4.43M +$510K +15,392 +15%
MCM
60
Matarin Capital Management
New York
$4.37M +$3.39M +102,233 +593%
PFC
61
Phocas Financial Corp
California
$4.34M +$3.93M +118,634 New
HIS
62
Horizon Investment Services
Indiana
$4.18M -$774K -23,364 -17%
NFA
63
Nationwide Fund Advisors
Ohio
$4.11M -$124K -3,735 -3%
MCM
64
McKinley Capital Management
Alaska
$4.05M -$2.92K -88 -0.1%
MOACM
65
Mutual of America Capital Management
New York
$4.03M -$2.62K -79 -0.1%
RhumbLine Advisers
66
RhumbLine Advisers
Massachusetts
$3.97M +$299K +9,020 +9%
UBS Group
67
UBS Group
Switzerland
$3.86M +$87.9K +2,651 +3%
Goldman Sachs
68
Goldman Sachs
New York
$3.85M +$1.02M +30,864 +42%
CIA
69
Covington Investment Advisors
Pennsylvania
$3.66M -$50.5K -1,525 -2%
Thrivent Financial for Lutherans
70
Thrivent Financial for Lutherans
Minnesota
$3.65M -$515K -15,540 -13%
Grantham, Mayo, Van Otterloo & Co (GMO)
71
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$3.65M +$497K +15,000 +18%
MCC
72
Malaga Cove Capital
California
$3.46M +$16.3K +493 +0.5%
Royal Bank of Canada
73
Royal Bank of Canada
Ontario, Canada
$3.4M +$94.3K +2,846 +3%
Swiss National Bank
74
Swiss National Bank
Switzerland
$3.39M +$626K +18,900 +25%
SAM
75
Shell Asset Management
Netherlands
$3.35M -$182K -5,479 -6%

SIGI Hedge Fund Activity: Q1 2016 in Review

215 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2016, worth a combined $1.6B — up 9% from $1.47B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new SIGI positions and 15 closed out — a net gain of 4 holders — while 91 added to existing stakes and 77 trimmed.

The largest buyer was Wells Fargo, adding an estimated $20.2M. The largest seller was Russell Frank Company, cutting an estimated $6.69M.

  • 215 institutional investors held Selective Insurance (SIGI) as of Q1 2016, up from 211 in Q4 2015.
  • Funds reported $1.6B of Selective Insurance stock for Q1 2016, up 9% quarter-over-quarter.
  • 19 funds opened new Selective Insurance positions in Q1 2016 and 15 closed out, a net change of +4 holders.
  • The largest Selective Insurance buyer in Q1 2016 was Wells Fargo, an estimated $20.2M added.
  • The largest Selective Insurance seller in Q1 2016 was Russell Frank Company, an estimated $6.69M sold.

Based on aggregated 13F filings for Q1 2016.