United Fire Group
UFCS
142 hedge funds and large institutions have $340M invested in United Fire Group in 2024 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 50 reducing their positions, and 15 closing their positions.
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
7% more capital invested
Capital invested by funds: $318M → $340M (+$22M)
4% more funds holding
Funds holding: 137 → 142 (+5)
0.79% less ownership
Funds ownership: 62.64% → 61.85% (-0.79%)
2% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 50
82% less call options, than puts
Call options by funds: $7K | Put options by funds: $39K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.95M |
| 2 |
Renaissance Technologies
New York
|
+$1.6M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.44M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.42M |
| 5 |
HF
HRT Financial
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.34M |
| 2 |
BlackRock
New York
|
-$3.24M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.29M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$1.41M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.38M |
UFCS Hedge Fund Activity: Q1 2024 in Review
142 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in United Fire Group (UFCS) for Q1 2024, worth a combined $340M — up 6.9% from $318M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new UFCS positions and 15 closed out — a net gain of 5 holders — while 49 added to existing stakes and 50 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $1.95M. The largest seller was Vanguard Group, cutting an estimated $5.34M.
- 142 institutional investors held United Fire Group (UFCS) as of Q1 2024, up from 137 in Q4 2023.
- Funds reported $340M of United Fire Group stock for Q1 2024, up 6.9% quarter-over-quarter.
- 20 funds opened new United Fire Group positions in Q1 2024 and 15 closed out, a net change of +5 holders.
- The largest United Fire Group buyer in Q1 2024 was Arrowstreet Capital, an estimated $1.95M added.
- The largest United Fire Group seller in Q1 2024 was Vanguard Group, an estimated $5.34M sold.
Based on aggregated 13F filings for Q1 2024.