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Selective Insurance

163 hedge funds and large institutions have $924M invested in Selective Insurance in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 62 increasing their positions, 64 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 64

2% less funds holding

Funds holding: 166163 (-3)

11% less capital invested

Capital invested by funds: $1.04B → $924M (-$112M)

23% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 13

Holders
163
Holders Change
-3
Holders Change %
-1.81%
% of All Funds
4.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
62
Reduced
64
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
76
PNC Financial Services Group
Pennsylvania
$1.14M +$3.42K +145 +0.3%
TPSF
77
Texas Permanent School Fund
Texas
$1.13M -$135K -5,715 -10%
Goldman Sachs
78
Goldman Sachs
New York
$1.13M +$24.8K +1,051 +2%
AIG
79
American International Group
New York
$1.12M +$181K +7,659 +18%
BG
80
BlackRock Group
United Kingdom
$1.07M -$43.4K -1,839 -4%
State of Tennessee, Department of Treasury
81
State of Tennessee, Department of Treasury
Tennessee
$1.07M
MLICM
82
Metropolitan Life Insurance Company (MetLife)
New York
$995K
GC
83
Guggenheim Capital
Illinois
$928K -$27.2K -1,152 -3%
TAM
84
THB Asset Management
Connecticut
$897K -$8.46K -358 -0.9%
ASRS
85
Arizona State Retirement System
Arizona
$865K -$14.2K -600 -2%
OA
86
OFI Advisors
Pennsylvania
$864K +$65K +2,750 +8%
TC
87
TFS Capital
Pennsylvania
$723K -$1.43M -60,402 -65%
Tudor Investment Corp
88
Tudor Investment Corp
Connecticut
$701K +$372K +15,752 +99%
BA
89
BlackRock Advisors
Delaware
$696K -$16.1K -680 -2%
US Bancorp
90
US Bancorp
Minnesota
$663K -$112K -4,725 -14%
TD Asset Management
91
TD Asset Management
Ontario, Canada
$629K +$99.2K +4,200 +17%
KeyBank National Association
92
KeyBank National Association
Ohio
$626K -$494K -20,919 -43%
Legal & General Group
93
Legal & General Group
United Kingdom
$610K +$195K +8,249 +43%
Los Angeles Capital Management
94
Los Angeles Capital Management
California
$601K -$14.2K -600 -2%
CAM
95
Capstone Asset Management
Texas
$586K -$3.78K -160 -0.6%
FNBOO
96
First National Bank of Omaha
Nebraska
$578K
LSERS
97
Louisiana State Employees Retirement System
Louisiana
$573K -$4.72K -200 -0.8%
Bank of America
98
Bank of America
North Carolina
$559K -$59.3K -2,512 -9%
PAM
99
Panagora Asset Management
Massachusetts
$557K +$163K +6,902 +38%
ProShare Advisors
100
ProShare Advisors
Maryland
$521K -$392K -16,600 -41%

SIGI Hedge Fund Activity: Q3 2014 in Review

163 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q3 2014, worth a combined $924M — down 11% from $1.04B a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of SIGI and 10 opened new positions — a net loss of 3 holders — while 64 trimmed existing stakes and 62 added.

The largest buyer was Balyasny Asset Management, adding an estimated $6.72M. The largest seller was Norges Bank, cutting an estimated $11.8M.

  • 163 institutional investors held Selective Insurance (SIGI) as of Q3 2014, down from 166 in Q2 2014.
  • Funds reported $924M of Selective Insurance stock for Q3 2014, down 11% quarter-over-quarter.
  • 10 funds opened new Selective Insurance positions in Q3 2014 and 13 closed out, a net change of -3 holders.
  • The largest Selective Insurance buyer in Q3 2014 was Balyasny Asset Management, an estimated $6.72M added.
  • The largest Selective Insurance seller in Q3 2014 was Norges Bank, an estimated $11.8M sold.

Based on aggregated 13F filings for Q3 2014.