SelectQuote
SLQT
122 hedge funds and large institutions have $182M invested in SelectQuote in 2023 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 37 increasing their positions, 31 reducing their positions, and 19 closing their positions.
328% more call options, than puts
Call options by funds: $479K | Put options by funds: $112K
234% more capital invested
Capital invested by funds: $54.6M → $182M (+$128M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
19% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 31
3% more funds holding
Funds holding: 119 → 122 (+3)
1.65% more ownership
Funds ownership: 48.78% → 50.43% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIPM
G2 Investment Partners Management
New York
|
+$8.82M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$2.18M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.75M |
| 4 |
Renaissance Technologies
New York
|
+$950K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$832K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$3.82M |
| 2 |
Millennium Management
New York
|
-$3.76M |
| 3 |
HF
HRT Financial
New York
|
-$1.62M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.26M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
E
126
Ergoteles
New York
| – | -$41.3K | -61,533 | Closed |
|
|
YIH
127
Y-Intercept (HK)
Hong Kong
| – | -$16.2K | -24,176 | Closed |
|
|
VF
128
Virtu Financial
New York
| – | -$13K | -19,930 | Closed |
|
129
Walleye Trading
New York
| – | -$11.5K | -17,113 | Closed |
|
|
HA
130
Harbor Advisors
West Palm Beach,
Florida
| – | -$10.4K | -15,500 | Closed |
|
131
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$10K | -14,951 | Closed |
|
132
Simplex Trading
Chicago,
Illinois
| – | -$12.1K | -7,501 | Closed |
|
|
BCM
133
Blume Capital Management
Berkeley,
California
| – | -$2.47K | -3,680 | Closed |
|
|
TRSOTSOK
134
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
| – | -$1K | -2,228 | Closed |
|
|
CG
135
Cutler Group
San Francisco,
California
| – | -$1.71K | -1,060 | Closed |
|
|
CWP
136
Concord Wealth Partners
Abingdon,
Virginia
| – | -$672 | -1,000 | Closed |
|
|
IA
137
IFP Advisors
Tampa,
Florida
| – | -$3K | -20 | Closed |
|
|
CS
138
Credit Suisse
Zurich,
Switzerland
| – | -$3 | -5 | Closed |
|
SLQT Hedge Fund Activity: Q1 2023 in Review
122 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in SelectQuote (SLQT) for Q1 2023, worth a combined $182M — up 234% from $54.6M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SLQT positions and 19 closed out — a net gain of 5 holders — while 37 added to existing stakes and 31 trimmed.
The largest buyer was G2 Investment Partners Management, opening a new position worth an estimated $8.82M. The largest seller was D.E. Shaw & Co, cutting an estimated $3.82M.
- 122 institutional investors held SelectQuote (SLQT) as of Q1 2023, up from 119 in Q4 2022.
- Funds reported $182M of SelectQuote stock for Q1 2023, up 234% quarter-over-quarter.
- 24 funds opened new SelectQuote positions in Q1 2023 and 19 closed out, a net change of +5 holders.
- The largest SelectQuote buyer in Q1 2023 was G2 Investment Partners Management, an estimated $8.82M added.
- The largest SelectQuote seller in Q1 2023 was D.E. Shaw & Co, an estimated $3.82M sold.
Based on aggregated 13F filings for Q1 2023.