Selective Insurance
SIGI
136 hedge funds and large institutions have $1.02B invested in Selective Insurance in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 50 increasing their positions, 49 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
6% more capital invested
Capital invested by funds: $960M → $1.02B (+$57.8M)
5% more funds holding
Funds holding: 129 → 136 (+7)
2% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.95M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$2.84M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$2.13M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$24.2M |
| 2 |
KeyBank National Association
Cleveland,
Ohio
|
-$19.1M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$5.48M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$2.86M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$2.29M |
SIGI Hedge Fund Activity: Q3 2013 in Review
136 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q3 2013, worth a combined $1.02B — up 6% from $960M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SIGI positions and 9 closed out — a net gain of 8 holders — while 50 added to existing stakes and 49 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $6M. The largest seller was Lord, Abbett & Co, cutting an estimated $24.2M.
- 136 institutional investors held Selective Insurance (SIGI) as of Q3 2013, up from 129 in Q2 2013.
- Funds reported $1.02B of Selective Insurance stock for Q3 2013, up 6% quarter-over-quarter.
- 17 funds opened new Selective Insurance positions in Q3 2013 and 9 closed out, a net change of +8 holders.
- The largest Selective Insurance buyer in Q3 2013 was BlackRock Fund Advisors, an estimated $6M added.
- The largest Selective Insurance seller in Q3 2013 was Lord, Abbett & Co, an estimated $24.2M sold.
Based on aggregated 13F filings for Q3 2013.