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Selective Insurance

213 hedge funds and large institutions have $2.31B invested in Selective Insurance in 2017 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 76 increasing their positions, 76 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 14

6% more capital invested

Capital invested by funds: $2.18B → $2.31B (+$130M)

2% more funds holding

Funds holding: 208213 (+5)

0% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 76

0.18% less ownership

Funds ownership: 79.57%79.38% (-0.18%)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

27% less call options, than puts

Call options by funds: $458K | Put options by funds: $626K

Holders
213
Holders Change
+5
Holders Change %
+2.4%
% of All Funds
5.31%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.12%
New
21
Increased
76
Reduced
76
Closed
14
Calls
$458K
Puts
$626K
Net Calls
-$168K
Net Calls Change
-$168K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$373M +$942K +19,072 +0.3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$265M +$4.02M +81,335 +2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$226M -$11.3M -229,471 -5%
Macquarie Group
4
Macquarie Group
Australia
$137M -$11.3M -228,928 -8%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$126M -$3.89M -78,840 -3%
AllianceBernstein
6
AllianceBernstein
Tennessee
$76.8M -$9.43M -191,017 -11%
State Street
7
State Street
Massachusetts
$70.8M +$2.62M +53,087 +4%
Northern Trust
8
Northern Trust
Illinois
$68M +$9.35M +189,401 +16%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$59.6M -$1.11M -22,384 -2%
SAM
10
Silvercrest Asset Management
New York
$53.7M +$52.9M +1,071,229 New
Goldman Sachs
11
Goldman Sachs
New York
$49.8M +$27.8M +563,487 +130%
Bank of America
12
Bank of America
North Carolina
$42.1M -$189K -3,822 -0.5%
Norges Bank
13
Norges Bank
Norway
$42.1M +$4.98M +100,739 +14%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$30M -$1.1M -22,209 -4%
CRCP
15
Copper Rock Capital Partners
Massachusetts
$29.3M -$1.05M -21,223 -4%
William Blair Investment Management
16
William Blair Investment Management
Illinois
$29M +$1.3M +26,310 +5%
SFM
17
Systematic Financial Management
New Jersey
$27.6M -$2.11M -42,717 -7%
TCM
18
Tributary Capital Management
Nebraska
$26.6M +$2.79M +56,446 +12%
Invesco
19
Invesco
Georgia
$24.8M -$1.75M -35,427 -7%
Principal Financial Group
20
Principal Financial Group
Iowa
$24.6M +$689K +13,956 +3%
MFIMFI
21
Mesirow Financial Investment Management - Fixed Income
Illinois
$23.8M -$327K -6,630 -1%
CIP
22
Chartwell Investment Partners
Pennsylvania
$23.2M +$718K +14,546 +3%
SCM
23
Sterling Capital Management
North Carolina
$22.7M -$6.79M -137,403 -23%
Public Employees Retirement Association of Colorado
24
Public Employees Retirement Association of Colorado
Colorado
$20.1M +$1.17M +23,764 +6%
VOYA Investment Management
25
VOYA Investment Management
Georgia
$19.6M -$1.38M -27,889 -7%

SIGI Hedge Fund Activity: Q2 2017 in Review

213 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q2 2017, worth a combined $2.31B — up 5.9% from $2.18B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new SIGI positions and 14 closed out — a net gain of 7 holders — while 76 added to existing stakes and 76 trimmed.

The largest buyer was Silvercrest Asset Management, opening a new position worth an estimated $52.9M. The largest seller was Fidelity Investments, exiting entirely with an estimated $18.5M sold.

  • 213 institutional investors held Selective Insurance (SIGI) as of Q2 2017, up from 208 in Q1 2017.
  • Funds reported $2.31B of Selective Insurance stock for Q2 2017, up 5.9% quarter-over-quarter.
  • 21 funds opened new Selective Insurance positions in Q2 2017 and 14 closed out, a net change of +7 holders.
  • The largest Selective Insurance buyer in Q2 2017 was Silvercrest Asset Management, an estimated $52.9M added.
  • The largest Selective Insurance seller in Q2 2017 was Fidelity Investments, an estimated $18.5M sold.

Based on aggregated 13F filings for Q2 2017.