Selective Insurance
SIGI
207 hedge funds and large institutions have $1.82B invested in Selective Insurance in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 66 increasing their positions, 94 reducing their positions, and 21 closing their positions.
6% more capital invested
Capital invested by funds: $1.72B → $1.82B (+$98.3M)
3% less funds holding
Funds holding: 214 → 207 (-7)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
30% less repeat investments, than reductions
Existing positions increased: 66 | 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 |
JP Morgan Chase
New York
|
-$5.46M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$4.27M |
| 3 |
ARM
Adirondack Research & Management
Guilderland,
New York
|
-$4.09M |
| 4 |
HIS
Horizon Investment Services
Hammond,
Indiana
|
-$3.95M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$3.68M |
SIGI Hedge Fund Activity: Q3 2016 in Review
207 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q3 2016, worth a combined $1.82B — up 5.7% from $1.72B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SIGI and 16 opened new positions — a net loss of 5 holders — while 94 trimmed existing stakes and 66 added.
The largest buyer was AllianceBernstein, adding an estimated $52.2M. The largest seller was JP Morgan Chase, cutting an estimated $5.46M.
- 207 institutional investors held Selective Insurance (SIGI) as of Q3 2016, down from 214 in Q2 2016.
- Funds reported $1.82B of Selective Insurance stock for Q3 2016, up 5.7% quarter-over-quarter.
- 16 funds opened new Selective Insurance positions in Q3 2016 and 21 closed out, a net change of -5 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 JP Morgan Chase, an estimated $5.46M sold.
Based on aggregated 13F filings for Q3 2016.