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Selective Insurance

208 hedge funds and large institutions have $2.18B invested in Selective Insurance in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 73 increasing their positions, 77 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

11% more capital invested

Capital invested by funds: $1.96B → $2.18B (+$223M)

0.78% more ownership

Funds ownership: 78.79%79.57% (+0.78%)

5% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 77

5% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 19

3% less funds holding

Funds holding: 214208 (-6)

Holders
208
Holders Change
-6
Holders Change %
-2.8%
% of All Funds
5.18%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.15%
New
18
Increased
73
Reduced
77
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BA
51
Boston Advisors
Massachusetts
$5.73M +$1.14M +25,600 +27%
Bank of Montreal
52
Bank of Montreal
Ontario, Canada
$5.59M -$129K -2,891 -2%
NFA
53
Nationwide Fund Advisors
Ohio
$5.39M +$357K +8,037 +8%
Wells Fargo
54
Wells Fargo
California
$5.31M -$9.32M -209,576 -65%
California State Teachers Retirement System (CalSTRS)
55
California State Teachers Retirement System (CalSTRS)
California
$5.28M -$231K -5,200 -4%
California Public Employees Retirement System
56
California Public Employees Retirement System
California
$5.1M -$503K -11,300 -9%
TA
57
Teachers Advisors
New York
$4.59M +$134K +3,009 +3%
Swiss National Bank
58
Swiss National Bank
Switzerland
$4.48M
CIA
59
Covington Investment Advisors
Pennsylvania
$4.4M -$50.5K -1,135 -1%
MCC
60
Malaga Cove Capital
California
$4.19M -$11.8K -266 -0.3%
AQR Capital Management
61
AQR Capital Management
Connecticut
$4.05M -$1.41M -31,605 -27%
Canada Life
62
Canada Life
Manitoba, Canada
$3.83M +$233K +5,246 +7%
ZCM
63
Zebra Capital Management
Connecticut
$3.8M -$475K -10,675 -12%
Comerica Bank
64
Comerica Bank
Texas
$3.43M +$140K +3,151 +5%
New York State Common Retirement Fund
65
New York State Common Retirement Fund
New York
$3.41M -$244K -5,489 -7%
UBS Group
66
UBS Group
Switzerland
$3.33M -$207K -4,644 -6%
ZIM
67
Zacks Investment Management
Illinois
$3.29M +$1.29M +29,070 +71%
GC
68
Guggenheim Capital
Illinois
$3.25M +$293K +6,581 +11%
PCM
69
Piermont Capital Management
Missouri
$3.23M -$294K -6,620 -9%
Thrivent Financial for Lutherans
70
Thrivent Financial for Lutherans
Minnesota
$3.21M +$61.8K +1,390 +2%
CS
71
Credit Suisse
Switzerland
$2.98M -$790K -17,767 -22%
LPL Financial
72
LPL Financial
California
$2.86M
State Board of Administration of Florida Retirement System
73
State Board of Administration of Florida Retirement System
Florida
$2.86M
First Trust Advisors
74
First Trust Advisors
Illinois
$2.82M +$85K +1,910 +3%
Deutsche Bank
75
Deutsche Bank
Germany
$2.78M -$2.37M -53,228 -47%

SIGI Hedge Fund Activity: Q1 2017 in Review

208 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2017, worth a combined $2.18B — up 11% from $1.96B a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of SIGI and 18 opened new positions — a net loss of 1 holder — while 77 trimmed existing stakes and 73 added.

The largest buyer was BlackRock, adding an estimated $330M. The largest seller was Frontier Capital Management, cutting an estimated $41.4M.

  • 208 institutional investors held Selective Insurance (SIGI) as of Q1 2017, down from 214 in Q4 2016.
  • Funds reported $2.18B of Selective Insurance stock for Q1 2017, up 11% quarter-over-quarter.
  • 18 funds opened new Selective Insurance positions in Q1 2017 and 19 closed out, a net change of -1 holder.
  • The largest Selective Insurance buyer in Q1 2017 was BlackRock, an estimated $330M added.
  • The largest Selective Insurance seller in Q1 2017 was Frontier Capital Management, an estimated $41.4M sold.

Based on aggregated 13F filings for Q1 2017.