Selective Insurance
SIGI
286 hedge funds and large institutions have $3.51B invested in Selective Insurance in 2019 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 78 increasing their positions, 91 reducing their positions, and 25 closing their positions.
172% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 25
18% more funds holding
Funds holding: 243 → 286 (+43)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2% less capital invested
Capital invested by funds: $3.57B → $3.51B (-$58.7M)
1.82% less ownership
Funds ownership: 80.51% → 78.69% (-1.8%)
14% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$29.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$26.4M |
| 3 |
Morgan Stanley
New York
|
+$22.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$17.2M |
| 5 |
Renaissance Technologies
New York
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$133M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$44M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$24.5M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$17.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$16M |
SIGI Hedge Fund Activity: Q3 2019 in Review
286 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q3 2019, worth a combined $3.51B — down 1.6% from $3.57B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new SIGI positions and 25 closed out — a net gain of 43 holders — while 78 added to existing stakes and 91 trimmed.
The largest buyer was Millennium Management, adding an estimated $29.2M. The largest seller was BlackRock, cutting an estimated $133M.
- 286 institutional investors held Selective Insurance (SIGI) as of Q3 2019, up from 243 in Q2 2019.
- Funds reported $3.51B of Selective Insurance stock for Q3 2019, down 1.6% quarter-over-quarter.
- 68 funds opened new Selective Insurance positions in Q3 2019 and 25 closed out, a net change of +43 holders.
- The largest Selective Insurance buyer in Q3 2019 was Millennium Management, an estimated $29.2M added.
- The largest Selective Insurance seller in Q3 2019 was BlackRock, an estimated $133M sold.
Based on aggregated 13F filings for Q3 2019.