United Fire Group
UFCS
150 hedge funds and large institutions have $854M invested in United Fire Group in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 48 reducing their positions, and 19 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 48
15% more capital invested
Capital invested by funds: $741M → $854M (+$113M)
0.7% more ownership
Funds ownership: 62.15% → 62.85% (+0.7%)
3% less funds holding
Funds holding: 154 → 150 (-4)
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
28% less call options, than puts
Call options by funds: $932K | Put options by funds: $1.3M
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$10.7M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$8.47M |
| 3 |
Rafferty Asset Management
New York
|
+$4.98M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$4.36M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.74M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$9.47M |
| 2 |
Goldman Sachs
New York
|
-$3.54M |
| 3 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$2.49M |
| 4 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$2.28M |
| 5 |
Two Sigma Investments
New York
|
-$2.1M |
UFCS Hedge Fund Activity: Q2 2018 in Review
150 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q2 2018, worth a combined $854M — up 15% from $741M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of UFCS and 16 opened new positions — a net loss of 3 holders — while 48 trimmed existing stakes and 56 added.
The largest buyer was Invesco, adding an estimated $10.7M. The largest seller was Millennium Management, exiting entirely with an estimated $9.47M sold.
- 150 institutional investors held United Fire Group (UFCS) as of Q2 2018, down from 154 in Q1 2018.
- Funds reported $854M of United Fire Group stock for Q2 2018, up 15% quarter-over-quarter.
- 16 funds opened new United Fire Group positions in Q2 2018 and 19 closed out, a net change of -3 holders.
- The largest United Fire Group buyer in Q2 2018 was Invesco, an estimated $10.7M added.
- The largest United Fire Group seller in Q2 2018 was Millennium Management, an estimated $9.47M sold.
Based on aggregated 13F filings for Q2 2018.