Selective Insurance
SIGI
332 hedge funds and large institutions have $5.55B invested in Selective Insurance in 2024 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 111 increasing their positions, 125 reducing their positions, and 40 closing their positions.
289% more call options, than puts
Call options by funds: $1.57M | Put options by funds: $404K
11% more capital invested
Capital invested by funds: $5B → $5.55B (+$549M)
0.9% more ownership
Funds ownership: 82.93% → 83.82% (+0.9%)
0% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 40
1% less funds holding
Funds holding: 334 → 332 (-2)
11% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 125
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$58.9M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$52.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$37.9M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$12.9M |
| 5 |
DIA
Dana Investment Advisors
Waukesha,
Wisconsin
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$26.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.7M |
| 3 |
BlackRock
New York
|
-$10.6M |
| 4 |
Janus Henderson Group
London,
|
-$10.4M |
| 5 |
Millennium Management
New York
|
-$9.37M |
SIGI Hedge Fund Activity: Q1 2024 in Review
332 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Selective Insurance (SIGI) for Q1 2024, worth a combined $5.55B — up 11% from $5B a quarter earlier.
Fund positioning in SIGI was balanced in Q1 2024: 40 funds opened new positions, 40 closed out, 111 added to existing stakes and 125 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $58.9M. The largest seller was Goldman Sachs, cutting an estimated $26.5M.
- 332 institutional investors held Selective Insurance (SIGI) as of Q1 2024, down from 334 in Q4 2023.
- Funds reported $5.55B of Selective Insurance stock for Q1 2024, up 11% quarter-over-quarter.
- 40 funds opened new Selective Insurance positions in Q1 2024 and 40 closed out, a net change of 0 holders.
- The largest Selective Insurance buyer in Q1 2024 was First Trust Advisors, an estimated $58.9M added.
- The largest Selective Insurance seller in Q1 2024 was Goldman Sachs, an estimated $26.5M sold.
Based on aggregated 13F filings for Q1 2024.