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Selective Insurance

208 hedge funds and large institutions have $2.18B invested in Selective Insurance in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 73 increasing their positions, 77 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

11% more capital invested

Capital invested by funds: $1.96B → $2.18B (+$223M)

0.78% more ownership

Funds ownership: 78.79%79.57% (+0.78%)

5% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 77

5% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 19

3% less funds holding

Funds holding: 214208 (-6)

Holders
208
Holders Change
-6
Holders Change %
-2.8%
% of All Funds
5.18%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.15%
New
18
Increased
73
Reduced
77
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$350M +$330M +7,411,852 +54,172%
Vanguard Group
2
Vanguard Group
Pennsylvania
$246M +$14.1M +317,023 +6%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$224M -$1.7M -38,251 -0.8%
Macquarie Group
4
Macquarie Group
Australia
$140M +$2.38M +53,418 +2%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$122M -$3.07M -69,110 -3%
AllianceBernstein
6
AllianceBernstein
Tennessee
$81.3M +$13.5M +302,566 +21%
State Street
7
State Street
Massachusetts
$64.2M +$3.87M +87,068 +7%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$57.2M -$7.67M -172,529 -12%
Northern Trust
9
Northern Trust
Illinois
$55.2M +$817K +18,376 +2%
Bank of America
10
Bank of America
North Carolina
$39.9M +$6.17M +138,779 +20%
Norges Bank
11
Norges Bank
Norway
$34.9M +$4.64M +104,350 +16%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$29.3M +$1.09M +24,490 +4%
CRCP
13
Copper Rock Capital Partners
Massachusetts
$28.1M +$448K +10,061 +2%
SFM
14
Systematic Financial Management
New Jersey
$28M -$2.23M -50,241 -8%
SCM
15
Sterling Capital Management
North Carolina
$27.8M +$17.1K +384 +0.1%
William Blair Investment Management
16
William Blair Investment Management
Illinois
$26.1M -$101K -2,260 -0.4%
Invesco
17
Invesco
Georgia
$25M -$3.65K -82 -0%
MFIMFI
18
Mesirow Financial Investment Management - Fixed Income
Illinois
$22.7M +$1.09M +24,435 +5%
Principal Financial Group
19
Principal Financial Group
Iowa
$22.5M +$760K +17,090 +4%
TCM
20
Tributary Capital Management
Nebraska
$22.4M +$4.13M +92,823 +24%
CIP
21
Chartwell Investment Partners
Pennsylvania
$21.1M +$32.2K +725 +0.2%
Goldman Sachs
22
Goldman Sachs
New York
$20.4M +$14M +315,138 +269%
VOYA Investment Management
23
VOYA Investment Management
Georgia
$19.8M -$2.57M -57,802 -12%
Prudential Financial
24
Prudential Financial
New Jersey
$18.8M -$3.25M -73,107 -16%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$18.5M -$20M -450,279 -54%

SIGI Hedge Fund Activity: Q1 2017 in Review

208 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2017, worth a combined $2.18B — up 11% from $1.96B a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of SIGI and 18 opened new positions — a net loss of 1 holder — while 77 trimmed existing stakes and 73 added.

The largest buyer was BlackRock, adding an estimated $330M. The largest seller was Frontier Capital Management, cutting an estimated $41.4M.

  • 208 institutional investors held Selective Insurance (SIGI) as of Q1 2017, down from 214 in Q4 2016.
  • Funds reported $2.18B of Selective Insurance stock for Q1 2017, up 11% quarter-over-quarter.
  • 18 funds opened new Selective Insurance positions in Q1 2017 and 19 closed out, a net change of -1 holder.
  • The largest Selective Insurance buyer in Q1 2017 was BlackRock, an estimated $330M added.
  • The largest Selective Insurance seller in Q1 2017 was Frontier Capital Management, an estimated $41.4M sold.

Based on aggregated 13F filings for Q1 2017.