Selective Insurance
SIGI
208 hedge funds and large institutions have $2.19B 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 20 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
11% more capital invested
Capital invested by funds: $1.96B → $2.19B (+$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
3% less funds holding
Funds holding: 215 → 208 (-7)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$330M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.1M |
| 3 |
Goldman Sachs
New York
|
+$14M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$13.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$41.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$20M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$9.32M |
| 4 |
Bank of New York Mellon
New York
|
-$7.67M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.81M |
SIGI Hedge Fund Activity: Q1 2017 in Review
208 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2017, worth a combined $2.19B — up 11% from $1.96B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SIGI and 18 opened new positions — a net loss of 2 holders — 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 215 in Q4 2016.
- Funds reported $2.19B of Selective Insurance stock for Q1 2017, up 11% quarter-over-quarter.
- 18 funds opened new Selective Insurance positions in Q1 2017 and 20 closed out, a net change of -2 holders.
- 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.