Selective Insurance
SIGI
156 hedge funds and large institutions have $956M invested in Selective Insurance in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 51 increasing their positions, 58 reducing their positions, and 13 closing their positions.
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
6% more funds holding
Funds holding: 147 → 156 (+9)
12% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 58
13% less capital invested
Capital invested by funds: $1.1B → $956M (-$143M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
+$4.38M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$2.97M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$2.89M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$2.78M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$7.51M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$6.18M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$2.76M |
| 4 |
Goldman Sachs
New York
|
-$2.36M |
| 5 |
JP Morgan Chase
New York
|
-$2.17M |
SIGI Hedge Fund Activity: Q1 2014 in Review
156 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2014, worth a combined $956M — down 13% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SIGI positions and 13 closed out — a net gain of 9 holders — while 51 added to existing stakes and 58 trimmed.
The largest buyer was Bryn Mawr Capital Management Inc, opening a new position worth an estimated $4.38M. The largest seller was Cramer Rosenthal McGlynn, cutting an estimated $7.51M.
- 156 institutional investors held Selective Insurance (SIGI) as of Q1 2014, up from 147 in Q4 2013.
- Funds reported $956M of Selective Insurance stock for Q1 2014, down 13% quarter-over-quarter.
- 22 funds opened new Selective Insurance positions in Q1 2014 and 13 closed out, a net change of +9 holders.
- The largest Selective Insurance buyer in Q1 2014 was Bryn Mawr Capital Management Inc, an estimated $4.38M added.
- The largest Selective Insurance seller in Q1 2014 was Cramer Rosenthal McGlynn, an estimated $7.51M sold.
Based on aggregated 13F filings for Q1 2014.