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Selective Insurance

239 hedge funds and large institutions have $3B invested in Selective Insurance in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 87 increasing their positions, 71 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 71

4% more capital invested

Capital invested by funds: $2.89B → $3B (+$107M)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

0.61% less ownership

Funds ownership: 80.55%79.94% (-0.61%)

3% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 29

1% less funds holding

Funds holding: 242239 (-3)

Holders
239
Holders Change
-3
Holders Change %
-1.24%
% of All Funds
5.17%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.13%
New
28
Increased
87
Reduced
71
Closed
29
Calls
$1.84M
Puts
Net Calls
+$1.84M
Net Calls Change
+$390K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$530M +$673K +10,693 +0.1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$382M +$5.24M +83,361 +1%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$215M -$13.6M -216,786 -6%
Macquarie Group
4
Macquarie Group
Australia
$173M +$3.1M +49,243 +2%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$153M -$5.91M -93,920 -4%
State Street
6
State Street
Massachusetts
$112M +$3.09M +49,110 +3%
Goldman Sachs
7
Goldman Sachs
New York
$101M +$313K +4,969 +0.3%
SAM
8
Silvercrest Asset Management
New York
$91.2M -$5.24M -83,268 -5%
Northern Trust
9
Northern Trust
Illinois
$87.7M +$155K +2,456 +0.2%
AllianceBernstein
10
AllianceBernstein
Tennessee
$79.4M +$894K +14,208 +1%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$66M +$87.1K +1,384 +0.1%
VNIM
12
Vaughan Nelson Investment Management
Texas
$62M +$7M +111,260 +13%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$49.7M +$6.07M +96,449 +14%
Norges Bank
14
Norges Bank
Norway
$44.5M +$1.03M +16,409 +2%
Invesco
15
Invesco
Georgia
$39.4M +$3.45M +54,866 +10%
Bank of America
16
Bank of America
North Carolina
$36.4M -$1.85M -29,436 -5%
TCM
17
Tributary Capital Management
Nebraska
$33.7M +$3.8M +60,457 +13%
Principal Financial Group
18
Principal Financial Group
Iowa
$30.3M -$349K -5,550 -1%
SFM
19
Systematic Financial Management
New Jersey
$30.3M -$93.7K -1,490 -0.3%
CRCP
20
Copper Rock Capital Partners
Massachusetts
$29.9M -$1.73M -27,448 -6%
Charles Schwab
21
Charles Schwab
California
$28.9M +$2.83M +45,024 +11%
SCM
22
Sterling Capital Management
North Carolina
$27.8M
Public Employees Retirement Association of Colorado
23
Public Employees Retirement Association of Colorado
Colorado
$27.1M
CIP
24
Chartwell Investment Partners
Pennsylvania
$26.8M -$238K -3,779 -0.9%
Ameriprise
25
Ameriprise
Minnesota
$24.7M -$827K -13,148 -3%

SIGI Hedge Fund Activity: Q1 2019 in Review

239 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2019, worth a combined $3B — up 3.7% from $2.89B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of SIGI and 28 opened new positions — a net loss of 1 holder — while 71 trimmed existing stakes and 87 added.

The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $8.67M. The largest seller was Dimensional Fund Advisors, cutting an estimated $13.6M.

  • 239 institutional investors held Selective Insurance (SIGI) as of Q1 2019, down from 242 in Q4 2018.
  • Funds reported $3B of Selective Insurance stock for Q1 2019, up 3.7% quarter-over-quarter.
  • 28 funds opened new Selective Insurance positions in Q1 2019 and 29 closed out, a net change of -1 holder.
  • The largest Selective Insurance buyer in Q1 2019 was Cramer Rosenthal McGlynn, an estimated $8.67M added.
  • The largest Selective Insurance seller in Q1 2019 was Dimensional Fund Advisors, an estimated $13.6M sold.

Based on aggregated 13F filings for Q1 2019.