United Fire Group
UFCS
120 hedge funds and large institutions have $311M invested in United Fire Group in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 35 increasing their positions, 46 reducing their positions, and 17 closing their positions.
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
2% more funds holding
Funds holding: 118 → 120 (+2)
0.01% more ownership
Funds ownership: 62.21% → 62.22% (+0.01%)
13% less capital invested
Capital invested by funds: $356M → $311M (-$45.3M)
24% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 46
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $45K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.53M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.96M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.72M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$1.03M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$793K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.68M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.53M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.01M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.06M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$746K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Balyasny Asset Management
Chicago,
Illinois
| – | -$235K | -10,355 | Closed |
|
127
VOYA Investment Management
Atlanta,
Georgia
| – | -$212K | -9,368 | Closed |
|
128
Janus Henderson Group
London,
United Kingdom
| – | -$211K | -9,314 | Closed |
|
|
BFG
129
Bleakley Financial Group
Fairfield,
New Jersey
| – | -$207K | -9,142 | Closed |
|
|
SS
130
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$207K | -9,134 | Closed |
|
131
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$204K | -8,983 | Closed |
|
132
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$14.2K | -628 | Closed |
|
133
Allspring Global Investments
Charlotte,
North Carolina
| – | -$10.6K | -468 | Closed |
|
|
PA
134
Parallel Advisors
San Francisco,
California
| – | -$1.83K | -81 | Closed |
|
|
EWA
135
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$1.22K | -54 | Closed |
|
|
MPWT
136
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$612 | -27 | Closed |
|
|
FFA
137
Farther Finance Advisors
San Francisco,
California
| – | -$317 | -14 | Closed |
|
UFCS Hedge Fund Activity: Q3 2023 in Review
120 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q3 2023, worth a combined $311M — down 13% from $356M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new UFCS positions and 17 closed out — a net gain of 3 holders — while 35 added to existing stakes and 46 trimmed.
The largest buyer was Millennium Management, adding an estimated $2.53M. The largest seller was BlackRock, cutting an estimated $2.68M.
- 120 institutional investors held United Fire Group (UFCS) as of Q3 2023, up from 118 in Q2 2023.
- Funds reported $311M of United Fire Group stock for Q3 2023, down 13% quarter-over-quarter.
- 20 funds opened new United Fire Group positions in Q3 2023 and 17 closed out, a net change of +3 holders.
- The largest United Fire Group buyer in Q3 2023 was Millennium Management, an estimated $2.53M added.
- The largest United Fire Group seller in Q3 2023 was BlackRock, an estimated $2.68M sold.
Based on aggregated 13F filings for Q3 2023.