Selective Insurance
SIGI
203 hedge funds and large institutions have $2.49B invested in Selective Insurance in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 68 increasing their positions, 80 reducing their positions, and 24 closing their positions.
187% more call options, than puts
Call options by funds: $1.27M | Put options by funds: $442K
7% more capital invested
Capital invested by funds: $2.31B → $2.49B (+$171M)
0.11% more ownership
Funds ownership: 79.38% → 79.49% (+0.11%)
5% less funds holding
Funds holding: 213 → 203 (-10)
15% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 80
29% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 24
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| 1 |
SAM
Silvercrest Asset Management
New York
|
+$23.2M |
| 2 |
Goldman Sachs
New York
|
+$17.8M |
| 3 |
Millennium Management
New York
|
+$11.1M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$6.28M |
| 5 |
State Street
Boston,
Massachusetts
|
+$5.89M |
Top Sellers
SIGI Hedge Fund Activity: Q3 2017 in Review
203 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q3 2017, worth a combined $2.49B — up 7.4% from $2.31B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SIGI and 17 opened new positions — a net loss of 7 holders — while 80 trimmed existing stakes and 68 added.
The largest buyer was Silvercrest Asset Management, adding an estimated $23.2M. The largest seller was Mesirow Financial Investment Management - Fixed Income, exiting entirely with an estimated $23.8M sold.
- 203 institutional investors held Selective Insurance (SIGI) as of Q3 2017, down from 213 in Q2 2017.
- Funds reported $2.49B of Selective Insurance stock for Q3 2017, up 7.4% quarter-over-quarter.
- 17 funds opened new Selective Insurance positions in Q3 2017 and 24 closed out, a net change of -7 holders.
- The largest Selective Insurance buyer in Q3 2017 was Silvercrest Asset Management, an estimated $23.2M added.
- The largest Selective Insurance seller in Q3 2017 was Mesirow Financial Investment Management - Fixed Income, an estimated $23.8M sold.
Based on aggregated 13F filings for Q3 2017.