United Fire Group
UFCS
158 hedge funds and large institutions have $675M invested in United Fire Group in 2016 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 67 increasing their positions, 44 reducing their positions, and 11 closing their positions.
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
52% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 44
17% more capital invested
Capital invested by funds: $578M → $675M (+$97.4M)
7% more funds holding
Funds holding: 147 → 158 (+11)
77% less call options, than puts
Call options by funds: $74K | Put options by funds: $316K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$5.04M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$4.53M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.19M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$2.8M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$3.66M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.28M |
| 3 |
B
Bailard
Foster City,
California
|
-$2.12M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$1.5M |
| 5 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
-$1.41M |
UFCS Hedge Fund Activity: Q1 2016 in Review
158 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q1 2016, worth a combined $675M — up 17% from $578M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new UFCS positions and 11 closed out — a net gain of 11 holders — while 67 added to existing stakes and 44 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $5.04M. The largest seller was Systematic Financial Management, cutting an estimated $3.66M.
- 158 institutional investors held United Fire Group (UFCS) as of Q1 2016, up from 147 in Q4 2015.
- Funds reported $675M of United Fire Group stock for Q1 2016, up 17% quarter-over-quarter.
- 22 funds opened new United Fire Group positions in Q1 2016 and 11 closed out, a net change of +11 holders.
- The largest United Fire Group buyer in Q1 2016 was Bank of New York Mellon, an estimated $5.04M added.
- The largest United Fire Group seller in Q1 2016 was Systematic Financial Management, an estimated $3.66M sold.
Based on aggregated 13F filings for Q1 2016.