United Fire Group
UFCS
142 hedge funds and large institutions have $658M invested in United Fire Group in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 55 increasing their positions, 42 reducing their positions, and 11 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 42
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0.73% less ownership
Funds ownership: 61.17% → 60.44% (-0.73%)
3% less funds holding
Funds holding: 146 → 142 (-4)
14% less capital invested
Capital invested by funds: $762M → $658M (-$104M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$108M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.08M |
| 3 |
Millennium Management
New York
|
+$5.06M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$2.93M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$7.17M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$6.08M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$4.68M |
| 4 |
Bank of New York Mellon
New York
|
-$4.35M |
| 5 |
Morgan Stanley
New York
|
-$2.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$6K | -131 | Closed |
|
|
CG
152
Cutler Group
San Francisco,
California
| – | -$584 | -13 | Closed |
|
|
WTB
153
Washington Trust Bank
Spokane,
Washington
| – | -$1K | -13 | Closed |
|
UFCS Hedge Fund Activity: Q1 2017 in Review
142 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q1 2017, worth a combined $658M — down 14% from $762M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new UFCS positions and 11 closed out — a net gain of 1 holder — while 55 added to existing stakes and 42 trimmed.
The largest buyer was BlackRock, adding an estimated $108M. The largest seller was Macquarie Group, cutting an estimated $7.17M.
- 142 institutional investors held United Fire Group (UFCS) as of Q1 2017, down from 146 in Q4 2016.
- Funds reported $658M of United Fire Group stock for Q1 2017, down 14% quarter-over-quarter.
- 12 funds opened new United Fire Group positions in Q1 2017 and 11 closed out, a net change of +1 holder.
- The largest United Fire Group buyer in Q1 2017 was BlackRock, an estimated $108M added.
- The largest United Fire Group seller in Q1 2017 was Macquarie Group, an estimated $7.17M sold.
Based on aggregated 13F filings for Q1 2017.