Selective Insurance
SIGI
298 hedge funds and large institutions have $5.26B invested in Selective Insurance in 2023 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 105 increasing their positions, 105 reducing their positions, and 31 closing their positions.
128% more call options, than puts
Call options by funds: $1.2M | Put options by funds: $526K
7% more capital invested
Capital invested by funds: $4.91B → $5.26B (+$351M)
10% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 31
0% more funds holding
Funds holding: 298 → 298 (0)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 105
0.62% less ownership
Funds ownership: 84.8% → 84.18% (-0.62%)
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$40M |
| 2 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$9.31M |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$7.6M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$5.49M |
| 5 |
Morgan Stanley
New York
|
+$4.98M |
Top Sellers
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$25.4M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$22.8M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$18.1M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$15.6M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$9.29M |
SIGI Hedge Fund Activity: Q3 2023 in Review
298 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q3 2023, worth a combined $5.26B — up 7.1% from $4.91B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SIGI positions and 31 closed out — a net gain of 3 holders — while 105 added to existing stakes and 105 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $40M. The largest seller was American Century Companies, cutting an estimated $25.4M.
- 298 institutional investors held Selective Insurance (SIGI) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $5.26B of Selective Insurance stock for Q3 2023, up 7.1% quarter-over-quarter.
- 34 funds opened new Selective Insurance positions in Q3 2023 and 31 closed out, a net change of +3 holders.
- The largest Selective Insurance buyer in Q3 2023 was Fidelity Investments, an estimated $40M added.
- The largest Selective Insurance seller in Q3 2023 was American Century Companies, an estimated $25.4M sold.
Based on aggregated 13F filings for Q3 2023.