Selective Insurance
SIGI
299 hedge funds and large institutions have $4.91B invested in Selective Insurance in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 83 increasing their positions, 123 reducing their positions, and 12 closing their positions.
227% more call options, than puts
Call options by funds: $1.04M | Put options by funds: $317K
183% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 12
8% more funds holding
Funds holding: 277 → 299 (+22)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.26% less ownership
Funds ownership: 86.07% → 84.81% (-1.3%)
21% less capital inflows, than outflows
Capital inflows: $229M | Capital outflows: $291M
33% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 123
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$85.6M |
| 2 |
BlackRock
New York
|
+$22.3M |
| 3 |
Ceredex Value Advisors
Orlando,
Florida
|
+$11M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.4M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$8.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$32.5M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$30.7M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$30.6M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$21.6M |
| 5 |
Champlain Investment Partners
Burlington,
Vermont
|
-$17.9M |
SIGI Hedge Fund Activity: Q2 2023 in Review
299 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q2 2023, worth a combined $4.91B — down 0.8% from $4.95B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SIGI positions and 12 closed out — a net gain of 22 holders — while 83 added to existing stakes and 123 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $85.6M. The largest seller was Janus Henderson Group, cutting an estimated $32.5M.
- 299 institutional investors held Selective Insurance (SIGI) as of Q2 2023, up from 277 in Q1 2023.
- Funds reported $4.91B of Selective Insurance stock for Q2 2023, down 0.8% quarter-over-quarter.
- 34 funds opened new Selective Insurance positions in Q2 2023 and 12 closed out, a net change of +22 holders.
- The largest Selective Insurance buyer in Q2 2023 was Fidelity Investments, an estimated $85.6M added.
- The largest Selective Insurance seller in Q2 2023 was Janus Henderson Group, an estimated $32.5M sold.
Based on aggregated 13F filings for Q2 2023.