United Fire Group
UFCS
149 hedge funds and large institutions have $707M invested in United Fire Group in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 67 increasing their positions, 43 reducing their positions, and 16 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 43
0.59% less ownership
Funds ownership: 65.04% → 64.46% (-0.59%)
3% less funds holding
Funds holding: 153 → 149 (-4)
22% less capital invested
Capital invested by funds: $903M → $707M (-$196M)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
71% less call options, than puts
Call options by funds: $257K | Put options by funds: $883K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.5M |
| 2 |
Bank of New York Mellon
New York
|
+$4.67M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.39M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.5M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$9.38M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$5.81M |
| 3 |
Comerica Bank
Dallas,
Texas
|
-$3.63M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.9M |
| 5 |
JP Morgan Chase
New York
|
-$1.57M |
UFCS Hedge Fund Activity: Q1 2019 in Review
149 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q1 2019, worth a combined $707M — down 22% from $903M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of UFCS and 12 opened new positions — a net loss of 4 holders — while 43 trimmed existing stakes and 67 added.
The largest buyer was BlackRock, adding an estimated $6.5M. The largest seller was Advisory Research, cutting an estimated $9.38M.
- 149 institutional investors held United Fire Group (UFCS) as of Q1 2019, down from 153 in Q4 2018.
- Funds reported $707M of United Fire Group stock for Q1 2019, down 22% quarter-over-quarter.
- 12 funds opened new United Fire Group positions in Q1 2019 and 16 closed out, a net change of -4 holders.
- The largest United Fire Group buyer in Q1 2019 was BlackRock, an estimated $6.5M added.
- The largest United Fire Group seller in Q1 2019 was Advisory Research, an estimated $9.38M sold.
Based on aggregated 13F filings for Q1 2019.