Selective Insurance
SIGI
240 hedge funds and large institutions have $3.22B invested in Selective Insurance in 2020 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 72 increasing their positions, 90 reducing their positions, and 28 closing their positions.
64% more call options, than puts
Call options by funds: $1.51M | Put options by funds: $925K
30% more capital invested
Capital invested by funds: $2.48B → $3.22B (+$733M)
21% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 28
2% more funds holding
Funds holding: 235 → 240 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.35% less ownership
Funds ownership: 80.86% → 80.51% (-0.35%)
20% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$19.2M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$18.8M |
| 3 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$14.2M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$10.8M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$8.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$40.1M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$12.6M |
| 3 |
Renaissance Technologies
New York
|
-$11.6M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$11.5M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$9.13M |
SIGI Hedge Fund Activity: Q4 2020 in Review
240 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q4 2020, worth a combined $3.22B — up 30% from $2.48B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SIGI positions and 28 closed out — a net gain of 6 holders — while 72 added to existing stakes and 90 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $19.2M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $40.1M sold.
- 240 institutional investors held Selective Insurance (SIGI) as of Q4 2020, up from 235 in Q3 2020.
- Funds reported $3.22B of Selective Insurance stock for Q4 2020, up 30% quarter-over-quarter.
- 34 funds opened new Selective Insurance positions in Q4 2020 and 28 closed out, a net change of +6 holders.
- The largest Selective Insurance buyer in Q4 2020 was Massachusetts Financial Services, an estimated $19.2M added.
- The largest Selective Insurance seller in Q4 2020 was Vaughan Nelson Investment Management, an estimated $40.1M sold.
Based on aggregated 13F filings for Q4 2020.