Selective Insurance
SIGI
166 hedge funds and large institutions have $1.04B invested in Selective Insurance in 2014 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 58 reducing their positions, and 11 closing their positions.
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
8% more capital invested
Capital invested by funds: $956M → $1.04B (+$79.4M)
6% more funds holding
Funds holding: 156 → 166 (+10)
3% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$12.1M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$4.57M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.74M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$2.65M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$10.5M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$4.22M |
| 3 |
Renaissance Technologies
New York
|
-$2.49M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.91M |
| 5 |
Millennium Management
New York
|
-$1.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Credit Agricole
Montrouge Cedex,
France
| – | -$51K | -2,200 | Closed |
|
|
TRCT
177
Tower Research Capital (TRC)
New York
| – | -$6K | -276 | Closed |
|
SIGI Hedge Fund Activity: Q2 2014 in Review
166 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q2 2014, worth a combined $1.04B — up 8.3% from $956M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new SIGI positions and 11 closed out — a net gain of 10 holders — while 60 added to existing stakes and 58 trimmed.
The largest buyer was Norges Bank, adding an estimated $12.1M. The largest seller was Cramer Rosenthal McGlynn, exiting entirely with an estimated $10.5M sold.
- 166 institutional investors held Selective Insurance (SIGI) as of Q2 2014, up from 156 in Q1 2014.
- Funds reported $1.04B of Selective Insurance stock for Q2 2014, up 8.3% quarter-over-quarter.
- 21 funds opened new Selective Insurance positions in Q2 2014 and 11 closed out, a net change of +10 holders.
- The largest Selective Insurance buyer in Q2 2014 was Norges Bank, an estimated $12.1M added.
- The largest Selective Insurance seller in Q2 2014 was Cramer Rosenthal McGlynn, an estimated $10.5M sold.
Based on aggregated 13F filings for Q2 2014.