United Fire Group
UFCS
124 hedge funds and large institutions have $397M invested in United Fire Group in 2013 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 46 increasing their positions, 39 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
26% more capital invested
Capital invested by funds: $316M → $397M (+$81.4M)
18% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 39
6% more funds holding
Funds holding: 117 → 124 (+7)
0% more call options, than puts
Call options by funds: $1K | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$2.72M |
| 2 |
KBC Group
Brussels,
Belgium
|
+$2.51M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.43M |
| 4 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$2.41M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.72M |
| 2 |
Morgan Stanley
New York
|
-$1.88M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.41M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$1.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$957K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARTA
126
A.R.T. Advisors
New York
| – | -$443K | -17,863 | Closed |
|
127
Wellington Management Group
Boston,
Massachusetts
| – | -$425K | -17,100 | Closed |
|
|
MA
128
MUFG Americas
New York
| – | -$241K | -9,700 | Closed |
|
129
Renaissance Technologies
New York
| – | -$230K | -9,283 | Closed |
|
130
Acadian Asset Management
Boston,
Massachusetts
| – | -$72K | -2,918 | Closed |
|
131
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$68K | -2,746 | Closed |
|
132
Schroder Investment Management Group
London,
United Kingdom
| – | -$44.7K | -1,800 | Closed |
|
|
TSWM
133
Triangle Securities Wealth Management
Raleigh,
North Carolina
| – | -$43K | -1,730 | Closed |
|
|
OMCS
134
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$20K | -800 | Closed |
|
|
AC
135
Alexandria Capital
Arlington,
Virginia
| – | -$4K | -150 | Closed |
|
|
RFA
136
Reilly Financial Advisors
La Mesa,
California
| – | -$3K | -114 | Closed |
|
UFCS Hedge Fund Activity: Q3 2013 in Review
124 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q3 2013, worth a combined $397M — up 26% from $316M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new UFCS positions and 11 closed out — a net gain of 9 holders — while 46 added to existing stakes and 39 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $2.72M. The largest seller was Millennium Management, cutting an estimated $4.72M.
- 124 institutional investors held United Fire Group (UFCS) as of Q3 2013, up from 117 in Q2 2013.
- Funds reported $397M of United Fire Group stock for Q3 2013, up 26% quarter-over-quarter.
- 20 funds opened new United Fire Group positions in Q3 2013 and 11 closed out, a net change of +9 holders.
- The largest United Fire Group buyer in Q3 2013 was JP Morgan Chase, an estimated $2.72M added.
- The largest United Fire Group seller in Q3 2013 was Millennium Management, an estimated $4.72M sold.
Based on aggregated 13F filings for Q3 2013.