Selective Insurance
SIGI
210 hedge funds and large institutions have $2.59B invested in Selective Insurance in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 78 increasing their positions, 66 reducing their positions, and 28 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 66
0.83% more ownership
Funds ownership: 79.19% → 80.02% (+0.83%)
8% less funds holding
Funds holding: 228 → 210 (-18)
8% less capital invested
Capital invested by funds: $2.82B → $2.59B (-$233M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
50% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$31M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$11.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.54M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$7.8M |
| 5 |
FIM
Foresters Investment Management
New York
|
+$7.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$19.4M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$12.1M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$8.27M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$5.19M |
| 5 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$5.17M |
SIGI Hedge Fund Activity: Q2 2018 in Review
210 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q2 2018, worth a combined $2.59B — down 8.3% from $2.82B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SIGI and 14 opened new positions — a net loss of 14 holders — while 66 trimmed existing stakes and 78 added.
The largest buyer was BlackRock, adding an estimated $31M. The largest seller was Millennium Management, cutting an estimated $19.4M.
- 210 institutional investors held Selective Insurance (SIGI) as of Q2 2018, down from 228 in Q1 2018.
- Funds reported $2.59B of Selective Insurance stock for Q2 2018, down 8.3% quarter-over-quarter.
- 14 funds opened new Selective Insurance positions in Q2 2018 and 28 closed out, a net change of -14 holders.
- The largest Selective Insurance buyer in Q2 2018 was BlackRock, an estimated $31M added.
- The largest Selective Insurance seller in Q2 2018 was Millennium Management, an estimated $19.4M sold.
Based on aggregated 13F filings for Q2 2018.