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Selective Insurance

243 hedge funds and large institutions have $3.57B invested in Selective Insurance in 2019 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 80 increasing their positions, 73 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

943% more call options, than puts

Call options by funds: $1.41M | Put options by funds: $135K

23% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 31

19% more capital invested

Capital invested by funds: $3B → $3.57B (+$575M)

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

2% more funds holding

Funds holding: 239243 (+4)

10% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 73

0.57% more ownership

Funds ownership: 79.94%80.51% (+0.57%)

Holders
243
Holders Change
+4
Holders Change %
+1.67%
% of All Funds
5.28%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.15%
New
38
Increased
80
Reduced
73
Closed
31
Calls
$1.41M
Puts
$135K
Net Calls
+$1.27M
Net Calls Change
-$568K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$640M +$12M +168,925 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$457M +$4.53M +63,672 +1%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$233M -$20.2M -283,354 -8%
Macquarie Group
4
Macquarie Group
Australia
$200M -$4.74M -66,491 -2%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$179M -$1.68M -23,572 -1%
State Street
6
State Street
Massachusetts
$140M +$7.85M +110,233 +6%
SAM
7
Silvercrest Asset Management
New York
$107M -$841K -11,811 -0.8%
AllianceBernstein
8
AllianceBernstein
Tennessee
$97.3M +$3.25M +45,574 +4%
Goldman Sachs
9
Goldman Sachs
New York
$94.6M -$23.6M -331,590 -21%
Northern Trust
10
Northern Trust
Illinois
$88.1M -$14.8M -208,363 -15%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$77.5M -$509K -7,151 -0.7%
VNIM
12
Vaughan Nelson Investment Management
Texas
$70M -$3.21M -45,100 -5%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$66.7M +$7.56M +106,200 +14%
Norges Bank
14
Norges Bank
Norway
$52.6M
Invesco
15
Invesco
Georgia
$48.2M +$1.47M +20,668 +3%
TCM
16
Tributary Capital Management
Nebraska
$39.9M +$24.8K +348 +0.1%
Bank of America
17
Bank of America
North Carolina
$39M -$3.84M -53,914 -9%
CRM
18
Cramer Rosenthal McGlynn
Connecticut
$37.6M +$25.9M +363,956 +264%
Principal Financial Group
19
Principal Financial Group
Iowa
$36.1M +$153K +2,150 +0.4%
Charles Schwab
20
Charles Schwab
California
$34.3M +$103K +1,446 +0.3%
Public Employees Retirement Association of Colorado
21
Public Employees Retirement Association of Colorado
Colorado
$31.7M -$352K -4,949 -1%
SFM
22
Systematic Financial Management
New Jersey
$31.2M -$4.43M -62,253 -13%
CIP
23
Chartwell Investment Partners
Pennsylvania
$30.6M -$1.07M -15,008 -4%
SCM
24
Sterling Capital Management
North Carolina
$30.3M -$2.49M -35,000 -8%
CRCP
25
Copper Rock Capital Partners
Massachusetts
$29M -$5.52M -77,562 -17%

SIGI Hedge Fund Activity: Q2 2019 in Review

243 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q2 2019, worth a combined $3.57B — up 19% from $3B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new SIGI positions and 31 closed out — a net gain of 7 holders — while 80 added to existing stakes and 73 trimmed.

The largest buyer was Cramer Rosenthal McGlynn, adding an estimated $25.9M. The largest seller was Goldman Sachs, cutting an estimated $23.6M.

  • 243 institutional investors held Selective Insurance (SIGI) as of Q2 2019, up from 239 in Q1 2019.
  • Funds reported $3.57B of Selective Insurance stock for Q2 2019, up 19% quarter-over-quarter.
  • 38 funds opened new Selective Insurance positions in Q2 2019 and 31 closed out, a net change of +7 holders.
  • The largest Selective Insurance buyer in Q2 2019 was Cramer Rosenthal McGlynn, an estimated $25.9M added.
  • The largest Selective Insurance seller in Q2 2019 was Goldman Sachs, an estimated $23.6M sold.

Based on aggregated 13F filings for Q2 2019.