Selective Insurance
SIGI
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, 79 increasing their positions, 74 reducing their positions, and 31 closing their positions.
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 (+$571M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2% more funds holding
Funds holding: 239 → 243 (+4)
7% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 74
0.48% more ownership
Funds ownership: 80.02% → 80.51% (+0.48%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$25.9M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$21.2M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$13.9M |
| 4 |
BlackRock
New York
|
+$12M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$23.6M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$20.2M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$14.8M |
| 4 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$11.3M |
| 5 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$5.52M |
SIGI Hedge Fund Activity: Q2 2019 in Review
243 of the 4,625 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 79 added to existing stakes and 74 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.