JPMorgan Chase Reduces Stake in Selective Insurance Group

Institutional investor lowers holdings in insurance provider by 7.3% in Q3

Mar. 23, 2026 at 8:52am

Got story updates? Submit your updates here. ›

JPMorgan Chase & Co. has reduced its stake in Selective Insurance Group, Inc. (NASDAQ:SIGI) by 7.3% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 440,825 shares of the insurance provider's stock, down from 475,302 shares previously.

Why it matters

As a major institutional investor, JPMorgan Chase's moves can signal broader market sentiment and trends. The reduction in Selective Insurance Group holdings may indicate a shift in the firm's investment strategy or outlook on the insurance sector.

The details

According to the 13F filing, JPMorgan Chase sold 34,477 shares of Selective Insurance Group during the third quarter. The firm now owns 0.73% of the insurance provider's outstanding stock, valued at $35.7 million as of the most recent reporting period.

  • JPMorgan Chase reduced its Selective Insurance Group holdings during the 3rd quarter of 2026.

The players

JPMorgan Chase & Co.

A multinational investment bank and financial services company headquartered in New York City.

Selective Insurance Group, Inc.

A property and casualty insurance provider based in Branchville, New Jersey.

Got photos? Submit your photos here. ›

The takeaway

JPMorgan Chase's reduction in Selective Insurance Group holdings could signal a broader shift in investor sentiment around the insurance sector, though the reasons behind the firm's portfolio changes are not entirely clear from the limited information provided.