United Fire Group
UFCS
148 hedge funds and large institutions have $744M invested in United Fire Group in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 56 increasing their positions, 47 reducing their positions, and 14 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 47
0.94% less ownership
Funds ownership: 63.62% → 62.68% (-0.94%)
4% less capital invested
Capital invested by funds: $777M → $744M (-$33.3M)
5% less funds holding
Funds holding: 156 → 148 (-8)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
92% less call options, than puts
Call options by funds: $169K | Put options by funds: $2.05M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$3.24M |
| 2 |
BlackRock
New York
|
+$2.82M |
| 3 |
Renaissance Technologies
New York
|
+$665K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$662K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$610K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$5.82M |
| 2 |
Morgan Stanley
New York
|
-$3.47M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.73M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.67M |
| 5 |
Millennium Management
New York
|
-$1.46M |
UFCS Hedge Fund Activity: Q3 2019 in Review
148 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q3 2019, worth a combined $744M — down 4.3% from $777M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of UFCS and 6 opened new positions — a net loss of 8 holders — while 47 trimmed existing stakes and 56 added.
The largest buyer was Norges Bank, adding an estimated $3.24M. The largest seller was Victory Capital Management, cutting an estimated $5.82M.
- 148 institutional investors held United Fire Group (UFCS) as of Q3 2019, down from 156 in Q2 2019.
- Funds reported $744M of United Fire Group stock for Q3 2019, down 4.3% quarter-over-quarter.
- 6 funds opened new United Fire Group positions in Q3 2019 and 14 closed out, a net change of -8 holders.
- The largest United Fire Group buyer in Q3 2019 was Norges Bank, an estimated $3.24M added.
- The largest United Fire Group seller in Q3 2019 was Victory Capital Management, an estimated $5.82M sold.
Based on aggregated 13F filings for Q3 2019.