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Selective Insurance

239 hedge funds and large institutions have $3B invested in Selective Insurance in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 87 increasing their positions, 71 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 71

4% more capital invested

Capital invested by funds: $2.89B → $3B (+$107M)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

0.61% less ownership

Funds ownership: 80.55%79.94% (-0.61%)

3% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 29

1% less funds holding

Funds holding: 242239 (-3)

Holders
239
Holders Change
-3
Holders Change %
-1.24%
% of All Funds
5.17%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.13%
New
28
Increased
87
Reduced
71
Closed
29
Calls
$1.84M
Puts
Net Calls
+$1.84M
Net Calls Change
+$390K
Name Holding Trade Value Shares
Change
Change in
Stake
Swiss National Bank
51
Swiss National Bank
Switzerland
$6.8M +$214K +3,400 +3%
Russell Investments Group
52
Russell Investments Group
United Kingdom
$6.37M -$1.15M -18,244 -15%
Public Sector Pension Investment Board (PSP Investments)
53
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$5.89M +$1.16M +18,500 +25%
ASRS
54
Arizona State Retirement System
Arizona
$5.76M +$17.4K +277 +0.3%
California State Teachers Retirement System (CalSTRS)
55
California State Teachers Retirement System (CalSTRS)
California
$5.63M -$131K -2,083 -2%
LPL Financial
56
LPL Financial
California
$5.33M +$770K +12,245 +17%
California Public Employees Retirement System
57
California Public Employees Retirement System
California
$5.25M -$581K -9,228 -10%
AQR Capital Management
58
AQR Capital Management
Connecticut
$5.16M -$218K -3,461 -4%
SO
59
STRS Ohio
Ohio
$5.04M -$629K -10,000 -11%
Canada Life
60
Canada Life
Manitoba, Canada
$5.03M +$138K +2,196 +3%
New York State Common Retirement Fund
61
New York State Common Retirement Fund
New York
$5M +$76K +1,208 +2%
CIA
62
Covington Investment Advisors
Pennsylvania
$4.97M +$133K +2,115 +3%
Natixis Advisors
63
Natixis Advisors
Massachusetts
$4.97M +$711K +11,296 +17%
Bessemer Group
64
Bessemer Group
New Jersey
$4.42M +$1.76M +27,963 +67%
CS
65
Credit Suisse
Switzerland
$4.39M +$53.2K +846 +1%
Comerica Bank
66
Comerica Bank
Texas
$4.11M +$212K +3,373 +6%
UBS Group
67
UBS Group
Switzerland
$4.06M -$1.15M -18,245 -22%
Envestnet Asset Management
68
Envestnet Asset Management
Illinois
$3.97M +$379K +6,026 +11%
Renaissance Technologies
69
Renaissance Technologies
New York
$3.85M +$516K +8,200 +16%
Barclays
70
Barclays
United Kingdom
$3.73M +$1.6M +25,395 +76%
Millennium Management
71
Millennium Management
New York
$3.53M +$2.01M +31,992 +134%
TD Asset Management
72
TD Asset Management
Ontario, Canada
$2.86M -$384K -6,100 -12%
Thrivent Financial for Lutherans
73
Thrivent Financial for Lutherans
Minnesota
$2.85M +$225K +3,575 +9%
AIG
74
American International Group
New York
$2.78M -$74.5K -1,184 -3%
State Board of Administration of Florida Retirement System
75
State Board of Administration of Florida Retirement System
Florida
$2.75M -$151K -2,400 -5%

SIGI Hedge Fund Activity: Q1 2019 in Review

239 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2019, worth a combined $3B — up 3.7% from $2.89B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of SIGI and 28 opened new positions — a net loss of 1 holder — while 71 trimmed existing stakes and 87 added.

The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $8.67M. The largest seller was Dimensional Fund Advisors, cutting an estimated $13.6M.

  • 239 institutional investors held Selective Insurance (SIGI) as of Q1 2019, down from 242 in Q4 2018.
  • Funds reported $3B of Selective Insurance stock for Q1 2019, up 3.7% quarter-over-quarter.
  • 28 funds opened new Selective Insurance positions in Q1 2019 and 29 closed out, a net change of -1 holder.
  • The largest Selective Insurance buyer in Q1 2019 was Cramer Rosenthal McGlynn, an estimated $8.67M added.
  • The largest Selective Insurance seller in Q1 2019 was Dimensional Fund Advisors, an estimated $13.6M sold.

Based on aggregated 13F filings for Q1 2019.