United Fire Group
UFCS
119 hedge funds and large institutions have $315M invested in United Fire Group in 2020 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 37 increasing their positions, 44 reducing their positions, and 14 closing their positions.
1.26% less ownership
Funds ownership: 63.21% → 61.95% (-1.3%)
2% less funds holding
Funds holding: 121 → 119 (-2)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
16% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 44
28% less capital invested
Capital invested by funds: $438M → $315M (-$123M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.74M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.73M |
| 3 |
Renaissance Technologies
New York
|
+$1.74M |
| 4 |
Millennium Management
New York
|
+$1.36M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$4.59M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$3.43M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$2.95M |
| 4 |
Morgan Stanley
New York
|
-$2.34M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.79M |
UFCS Hedge Fund Activity: Q3 2020 in Review
119 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q3 2020, worth a combined $315M — down 28% from $438M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of UFCS and 12 opened new positions — a net loss of 2 holders — while 44 trimmed existing stakes and 37 added.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $2.74M. The largest seller was Hotchkis & Wiley Capital Management, exiting entirely with an estimated $4.59M sold.
- 119 institutional investors held United Fire Group (UFCS) as of Q3 2020, down from 121 in Q2 2020.
- Funds reported $315M of United Fire Group stock for Q3 2020, down 28% quarter-over-quarter.
- 12 funds opened new United Fire Group positions in Q3 2020 and 14 closed out, a net change of -2 holders.
- The largest United Fire Group buyer in Q3 2020 was Assenagon Asset Management, an estimated $2.74M added.
- The largest United Fire Group seller in Q3 2020 was Hotchkis & Wiley Capital Management, an estimated $4.59M sold.
Based on aggregated 13F filings for Q3 2020.