United Fire Group
UFCS
127 hedge funds and large institutions have $518M invested in United Fire Group in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 49 increasing their positions, 41 reducing their positions, and 22 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 41
0.51% less ownership
Funds ownership: 63.92% → 63.41% (-0.51%)
13% less funds holding
Funds holding: 146 → 127 (-19)
26% less capital invested
Capital invested by funds: $700M → $518M (-$182M)
73% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.92M |
| 2 |
State Street
Boston,
Massachusetts
|
+$1.84M |
| 3 |
EARNEST Partners
Atlanta,
Georgia
|
+$1.59M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.49M |
| 5 |
Goldman Sachs
New York
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$6.65M |
| 2 |
Morgan Stanley
New York
|
-$2M |
| 3 |
BlackRock
New York
|
-$1.11M |
| 4 |
Squarepoint
New York
|
-$919K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$860K |
UFCS Hedge Fund Activity: Q1 2020 in Review
127 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q1 2020, worth a combined $518M — down 26% from $700M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of UFCS and 6 opened new positions — a net loss of 16 holders — while 41 trimmed existing stakes and 49 added.
The largest buyer was Vanguard Group, adding an estimated $1.92M. The largest seller was Systematic Financial Management, cutting an estimated $6.65M.
- 127 institutional investors held United Fire Group (UFCS) as of Q1 2020, down from 146 in Q4 2019.
- Funds reported $518M of United Fire Group stock for Q1 2020, down 26% quarter-over-quarter.
- 6 funds opened new United Fire Group positions in Q1 2020 and 22 closed out, a net change of -16 holders.
- The largest United Fire Group buyer in Q1 2020 was Vanguard Group, an estimated $1.92M added.
- The largest United Fire Group seller in Q1 2020 was Systematic Financial Management, an estimated $6.65M sold.
Based on aggregated 13F filings for Q1 2020.