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SelectQuote

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.

New
Increased
Maintained
Reduced
Closed

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: 23 (+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: 119122 (+3)

1.65% more ownership

Funds ownership: 48.78%50.43% (+1.7%)

Holders
122
Holders Change
+3
Holders Change %
+2.52%
% of All Funds
1.94%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
24
Increased
37
Reduced
31
Closed
19
Calls
$479K
Puts
$112K
Net Calls
+$367K
Net Calls Change
+$276K
Name Holding Trade Value Shares
Change
Change in
Stake
BEP
1
Brookside Equity Partners
Connecticut
$38.4M
BlackRock
2
BlackRock
New York
$20.3M +$217K +134,233 +1%
ABI
3
Abrams Bison Investments
Maryland
$17.2M
Vanguard Group
4
Vanguard Group
Pennsylvania
$15M +$200K +124,217 +2%
GIPM
5
G2 Investment Partners Management
New York
$11.9M +$8.82M +5,464,724 New
Hotchkis & Wiley Capital Management
6
Hotchkis & Wiley Capital Management
California
$5.78M
State Street
7
State Street
Massachusetts
$5.36M +$55.5K +34,395 +1%
Mariner
8
Mariner
Kansas
$5.32M -$768K -476,195 -16%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$5.27M +$163K +101,211 +4%
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$4.61M -$3.82M -2,366,187 -53%
Jacobs Levy Equity Management
11
Jacobs Levy Equity Management
New Jersey
$3.72M +$1.75M +1,082,781 +172%
Renaissance Technologies
12
Renaissance Technologies
New York
$3.14M +$950K +588,999 +69%
CAPTRUST Financial Advisors
13
CAPTRUST Financial Advisors
North Carolina
$3.14M -$34.5K -21,353 -1%
Prudential Financial
14
Prudential Financial
New Jersey
$2.95M +$2.18M +1,350,175 +13,257%
GC
15
Guggenheim Capital
Illinois
$2.61M +$3.1K +1,921 +0.2%
Millennium Management
16
Millennium Management
New York
$2.49M -$3.76M -2,332,780 -67%
Federated Hermes
17
Federated Hermes
Pennsylvania
$2.36M -$1.1M -679,501 -38%
Northern Trust
18
Northern Trust
Illinois
$2.35M -$4.74K -2,936 -0.3%
Two Sigma Investments
19
Two Sigma Investments
New York
$2.34M +$705K +436,677 +68%
GCP
20
GSA Capital Partners
United Kingdom
$2.31M -$1.26M -783,493 -42%
N
21
Nuveen
North Carolina
$2.25M +$832K +515,419 +99%
Charles Schwab
22
Charles Schwab
California
$2.05M +$76.3K +47,283 +5%
Bank of America
23
Bank of America
North Carolina
$1.15M +$471K +292,063 +122%
Morgan Stanley
24
Morgan Stanley
New York
$1.13M +$391K +242,103 +87%
Marshall Wace
25
Marshall Wace
United Kingdom
$1.07M +$799K +495,040 New

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.