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United Fire Group

150 hedge funds and large institutions have $854M invested in United Fire Group in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 48 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 48

15% more capital invested

Capital invested by funds: $741M → $854M (+$113M)

0.7% more ownership

Funds ownership: 62.15%62.85% (+0.7%)

3% less funds holding

Funds holding: 154150 (-4)

16% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 19

28% less call options, than puts

Call options by funds: $932K | Put options by funds: $1.3M

Holders
150
Holders Change
-4
Holders Change %
-2.6%
% of All Funds
3.43%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
56
Reduced
48
Closed
19
Calls
$932K
Puts
$1.3M
Net Calls
-$365K
Net Calls Change
-$542K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$130M +$883K +16,991 +0.7%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$114M -$273K -5,255 -0.3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$111M +$3.74M +71,949 +4%
EARNEST Partners
4
EARNEST Partners
Georgia
$79.3M +$296K +5,699 +0.4%
Northern Trust
5
Northern Trust
Illinois
$33.2M +$322K +6,192 +1%
State Street
6
State Street
Massachusetts
$31.4M +$2M +38,503 +7%
SFM
7
Systematic Financial Management
New Jersey
$29.5M +$1.87M +35,919 +7%
Norges Bank
8
Norges Bank
Norway
$27.4M
New York State Common Retirement Fund
9
New York State Common Retirement Fund
New York
$19.1M
Ameriprise
10
Ameriprise
Minnesota
$15.3M +$281K +5,403 +2%
AR
11
Advisory Research
Illinois
$15.1M -$95.3K -1,834 -0.7%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$15M -$251K -4,831 -2%
Invesco
13
Invesco
Georgia
$14.9M +$10.7M +206,774 +309%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$11.6M +$913K +17,575 +9%
MPI
15
Mairs & Power Inc
Minnesota
$10.7M -$1.28M -24,700 -11%
Renaissance Technologies
16
Renaissance Technologies
New York
$9.44M +$77.9K +1,500 +0.9%
Principal Financial Group
17
Principal Financial Group
Iowa
$9.25M +$380K +7,323 +5%
BAM
18
Burgundy Asset Management
Ontario, Canada
$8.89M +$8.47M +163,050 New
Victory Capital Management
19
Victory Capital Management
Texas
$8.29M +$4.36M +84,010 +123%
Wells Fargo
20
Wells Fargo
California
$7.75M -$76.2K -1,467 -1%
BCM
21
Bridgeway Capital Management
Texas
$7.62M
Charles Schwab
22
Charles Schwab
California
$6.57M +$976K +18,792 +18%
Deutsche Bank
23
Deutsche Bank
Germany
$6.28M -$630K -12,119 -10%
TCIM
24
TIAA CREF Investment Management
New York
$6.05M +$471K +9,066 +9%
Bank of America
25
Bank of America
North Carolina
$5.98M +$310K +5,963 +6%

UFCS Hedge Fund Activity: Q2 2018 in Review

150 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q2 2018, worth a combined $854M — up 15% from $741M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of UFCS and 16 opened new positions — a net loss of 3 holders — while 48 trimmed existing stakes and 56 added.

The largest buyer was Invesco, adding an estimated $10.7M. The largest seller was Millennium Management, exiting entirely with an estimated $9.47M sold.

  • 150 institutional investors held United Fire Group (UFCS) as of Q2 2018, down from 154 in Q1 2018.
  • Funds reported $854M of United Fire Group stock for Q2 2018, up 15% quarter-over-quarter.
  • 16 funds opened new United Fire Group positions in Q2 2018 and 19 closed out, a net change of -3 holders.
  • The largest United Fire Group buyer in Q2 2018 was Invesco, an estimated $10.7M added.
  • The largest United Fire Group seller in Q2 2018 was Millennium Management, an estimated $9.47M sold.

Based on aggregated 13F filings for Q2 2018.