United Fire Group
UFCS
132 hedge funds and large institutions have $456M invested in United Fire Group in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 51 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
6% more capital invested
Capital invested by funds: $430M → $456M (+$26.9M)
6% more funds holding
Funds holding: 125 → 132 (+7)
27% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.86M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2.12M |
| 3 |
MC
Menta Capital
San Francisco,
California
|
+$1.27M |
| 4 |
Morgan Stanley
New York
|
+$1.06M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$896K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
-$2.97M |
| 2 |
KBC Group
Brussels,
Belgium
|
-$2.25M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$2.24M |
| 4 |
Goldman Sachs
New York
|
-$1.68M |
| 5 |
JP Morgan Chase
New York
|
-$1.42M |
UFCS Hedge Fund Activity: Q1 2014 in Review
132 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q1 2014, worth a combined $456M — up 6.3% from $430M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new UFCS positions and 8 closed out — a net gain of 7 holders — while 37 added to existing stakes and 51 trimmed.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $3.86M. The largest seller was EARNEST Partners, cutting an estimated $2.97M.
- 132 institutional investors held United Fire Group (UFCS) as of Q1 2014, up from 125 in Q4 2013.
- Funds reported $456M of United Fire Group stock for Q1 2014, up 6.3% quarter-over-quarter.
- 15 funds opened new United Fire Group positions in Q1 2014 and 8 closed out, a net change of +7 holders.
- The largest United Fire Group buyer in Q1 2014 was Kennedy Capital Management, an estimated $3.86M added.
- The largest United Fire Group seller in Q1 2014 was EARNEST Partners, an estimated $2.97M sold.
Based on aggregated 13F filings for Q1 2014.