United Fire Group
UFCS
145 hedge funds and large institutions have $804M invested in United Fire Group in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 58 increasing their positions, 43 reducing their positions, and 18 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 43
0.38% more ownership
Funds ownership: 62.85% → 63.23% (+0.38%)
3% less funds holding
Funds holding: 150 → 145 (-5)
6% less capital invested
Capital invested by funds: $854M → $804M (-$50.3M)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
57% less call options, than puts
Call options by funds: $456K | Put options by funds: $1.06M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$5.84M |
| 2 |
State Street
Boston,
Massachusetts
|
+$3.21M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.78M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$2.58M |
| 5 |
Morgan Stanley
New York
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rafferty Asset Management
New York
|
-$5.23M |
| 2 |
QI
QS Investors
New York
|
-$2.34M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$2.19M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$2.13M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.79M |
UFCS Hedge Fund Activity: Q3 2018 in Review
145 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q3 2018, worth a combined $804M — down 5.9% from $854M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of UFCS and 14 opened new positions — a net loss of 4 holders — while 43 trimmed existing stakes and 58 added.
The largest buyer was Victory Capital Management, adding an estimated $5.84M. The largest seller was Rafferty Asset Management, exiting entirely with an estimated $5.23M sold.
- 145 institutional investors held United Fire Group (UFCS) as of Q3 2018, down from 150 in Q2 2018.
- Funds reported $804M of United Fire Group stock for Q3 2018, down 5.9% quarter-over-quarter.
- 14 funds opened new United Fire Group positions in Q3 2018 and 18 closed out, a net change of -4 holders.
- The largest United Fire Group buyer in Q3 2018 was Victory Capital Management, an estimated $5.84M added.
- The largest United Fire Group seller in Q3 2018 was Rafferty Asset Management, an estimated $5.23M sold.
Based on aggregated 13F filings for Q3 2018.