United Fire Group
UFCS
146 hedge funds and large institutions have $665M invested in United Fire Group in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 57 increasing their positions, 50 reducing their positions, and 22 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 50
2% less capital invested
Capital invested by funds: $675M → $665M (-$10.2M)
8% less funds holding
Funds holding: 158 → 146 (-12)
50% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$10.3M |
| 2 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$5.68M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$3.34M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.33M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$3.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4.73M |
| 2 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$4.53M |
| 3 |
JP Morgan Chase
New York
|
-$2.19M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.86M |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$1.85M |
UFCS Hedge Fund Activity: Q2 2016 in Review
146 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q2 2016, worth a combined $665M — down 1.5% from $675M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of UFCS and 11 opened new positions — a net loss of 11 holders — while 50 trimmed existing stakes and 57 added.
The largest buyer was Mackenzie Financial, opening a new position worth an estimated $10.3M. The largest seller was Numeric Investors, exiting entirely with an estimated $4.73M sold.
- 146 institutional investors held United Fire Group (UFCS) as of Q2 2016, down from 158 in Q1 2016.
- Funds reported $665M of United Fire Group stock for Q2 2016, down 1.5% quarter-over-quarter.
- 11 funds opened new United Fire Group positions in Q2 2016 and 22 closed out, a net change of -11 holders.
- The largest United Fire Group buyer in Q2 2016 was Mackenzie Financial, an estimated $10.3M added.
- The largest United Fire Group seller in Q2 2016 was Numeric Investors, an estimated $4.73M sold.
Based on aggregated 13F filings for Q2 2016.