Selective Insurance
SIGI
276 hedge funds and large institutions have $4.95B invested in Selective Insurance in 2023 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 101 increasing their positions, 106 reducing their positions, and 18 closing their positions.
480% more call options, than puts
Call options by funds: $772K | Put options by funds: $133K
50% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 18
12% more capital invested
Capital invested by funds: $4.41B → $4.95B (+$543M)
2% more funds holding
Funds holding: 271 → 276 (+5)
1.24% more ownership
Funds ownership: 84.82% → 86.06% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 106
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$33.7M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$19.1M |
| 3 |
Millennium Management
New York
|
+$17.7M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$17.4M |
| 5 |
EIP
Epoch Investment Partners
New York
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$49.6M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$15.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$11M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$10.9M |
| 5 |
Goldman Sachs
New York
|
-$8.42M |
SIGI Hedge Fund Activity: Q1 2023 in Review
276 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2023, worth a combined $4.95B — up 12% from $4.41B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SIGI positions and 18 closed out — a net gain of 9 holders — while 101 added to existing stakes and 106 trimmed.
The largest buyer was Boston Trust Walden, adding an estimated $33.7M. The largest seller was Janus Henderson Group, cutting an estimated $49.6M.
- 276 institutional investors held Selective Insurance (SIGI) as of Q1 2023, up from 271 in Q4 2022.
- Funds reported $4.95B of Selective Insurance stock for Q1 2023, up 12% quarter-over-quarter.
- 27 funds opened new Selective Insurance positions in Q1 2023 and 18 closed out, a net change of +9 holders.
- The largest Selective Insurance buyer in Q1 2023 was Boston Trust Walden, an estimated $33.7M added.
- The largest Selective Insurance seller in Q1 2023 was Janus Henderson Group, an estimated $49.6M sold.
Based on aggregated 13F filings for Q1 2023.