Selective Insurance
SIGI
205 hedge funds and large institutions have $1.79B invested in Selective Insurance in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 65 increasing their positions, 94 reducing their positions, and 22 closing their positions.
2% less capital invested
Capital invested by funds: $1.83B → $1.79B (-$34.6M)
4% less funds holding
Funds holding: 213 → 205 (-8)
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
31% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 94
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$52.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$8.33M |
| 4 |
Morgan Stanley
New York
|
+$3.13M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$2.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$112M |
| 2 |
JP Morgan Chase
New York
|
-$5.46M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$4.27M |
| 4 |
ARM
Adirondack Research & Management
Guilderland,
New York
|
-$4.09M |
| 5 |
HIS
Horizon Investment Services
Hammond,
Indiana
|
-$3.95M |
SIGI Hedge Fund Activity: Q3 2016 in Review
205 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q3 2016, worth a combined $1.79B — down 1.9% from $1.83B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SIGI and 16 opened new positions — a net loss of 6 holders — while 94 trimmed existing stakes and 65 added.
The largest buyer was AllianceBernstein, adding an estimated $52.2M. The largest seller was Macquarie Group, cutting an estimated $112M.
- 205 institutional investors held Selective Insurance (SIGI) as of Q3 2016, down from 213 in Q2 2016.
- Funds reported $1.79B of Selective Insurance stock for Q3 2016, down 1.9% quarter-over-quarter.
- 16 funds opened new Selective Insurance positions in Q3 2016 and 22 closed out, a net change of -6 holders.
- The largest Selective Insurance buyer in Q3 2016 was AllianceBernstein, an estimated $52.2M added.
- The largest Selective Insurance seller in Q3 2016 was Macquarie Group, an estimated $112M sold.
Based on aggregated 13F filings for Q3 2016.