UNITED FIRE GROUP INC UFCS
COM · Common Stock · CUSIP 910340108
- SectorFinancials
- IndustryFire, Marine & Casualty Insurance
- HeadquartersCedar Rapids, IA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($7.3m this quarter). Holder counts are more reliable. Shares outstanding: 25.7m as of 2026-07-29, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $52.20.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 129 |
| Q4 2022 | 122 |
| Q1 2023 | 122 |
| Q2 2023 | 119 |
| Q3 2023 | 121 |
| Q4 2023 | 137 |
| Q1 2024 | 142 |
| Q2 2024 | 152 |
| Q3 2024 | 154 |
| Q4 2024 | 173 |
| Q1 2025 | 183 |
| Q2 2025 | 180 |
| Q3 2025 | 192 |
| Q4 2025 | 210 |
| Q1 2026 | 221 |
| Q2 2026 | 231 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 76 | 68 |
| Q4 2024 | 81 | 73 |
| Q1 2025 | 97 | 70 |
| Q2 2025 | 88 | 83 |
| Q3 2025 | 98 | 75 |
| Q4 2025 | 102 | 79 |
| Q1 2026 | 109 | 79 |
| Q2 2026 | 123 | 86 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $0 | $0 | — |
| Q4 2025 | $0 | $0 | — |
| Q1 2026 | $3.7k | $0 | 0.00 |
| Q2 2026 | $0 | $0 | — |
Biggest buyers
| AMERICAN CENTURY COMPANIES INC | Added | +154.2k |
| PANAGORA ASSET MANAGEMENT INC | Added | +77.5k |
| RAYMOND JAMES FINANCIAL INC | Added | +69.5k |
| MORGAN STANLEY | Added | +61.3k |
| PRUDENTIAL FINANCIAL INC | Added | +57.4k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +47.9k |
| BlackRock, Inc. | Added | +44.2k |
| STATE STREET CORP | Added | +43.1k |
| LSV ASSET MANAGEMENT | Added | +32.5k |
| Hillsdale Investment Management Inc. | Added | +29.8k |
Biggest sellers
| UBS Group AG | Reduced | -76.3k |
| Qube Research & Technologies Ltd | Reduced | -69.0k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -63.4k |
| GOLDMAN SACHS GROUP INC | Reduced | -60.0k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -36.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -34.3k |
| ExodusPoint Capital Management, LP | Sold out | -29.6k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | Reduced | -29.5k |
| SIERRA SUMMIT ADVISORS LLC | Sold out | -25.2k |
| ROYAL BANK OF CANADA | Reduced | -24.8k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-29 | 12.7% |
| McIntyre Dee Ann 13G · passive investor -0.3 pts · filed 2026-02-06 | 11.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 2 | $180.8k | — |
| Q1 2025 | 2 | $148.3k | 1 | $209.3k | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 1 | $14.5k | 1 | $79.0k | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 1 | $489.9k | — |
| Q2 2026 | 1 | $203.5k | 0 | — | — |
| Q3 2026 | 0 | — | 1 | $542.8k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-03 | Carlton Scott L Director | Sold | $542.8k9.8k shares |
| 2026-06-05 | MILLIGAN GEORGE D Director | Bought | $203.5k4.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 3.5m $183.1m | Added +44.2k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.5m $78.9m | Added +15.2k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 965.3k $50.6m | Reduced -1.0k |
| STATE STREET CORP 0.00% of their portfolio | 860.6k $45.1m | Added +43.1k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 721.2k $37.8m | Added +154.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 710.2k $37.2m | Added +47.9k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.61% of their portfolio | 582.9k $30.6m | Reduced -29.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 558.6k $29.3m | Added +25.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 475.5k $24.9m | Reduced -21.9k |
| Invesco Ltd. 0.00% of their portfolio | 433.2k $22.7m | Added +29.6k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 405.8k $21.3m | Reduced -16.3k |
| MORGAN STANLEY 0.00% of their portfolio | 317.7k $16.7m | Added +61.3k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 251.9k $9.3m | Unchanged |
| ROYCE & ASSOCIATES LP 0.11% of their portfolio | 250.2k $13.1m | Added +3.2k |
| Hillsdale Investment Management Inc. 0.29% of their portfolio | 241.6k $12.7m | Added +29.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 241.3k $12.7m | Added +26.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 210.2k $11.0m | Added +6.7k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.18% of their portfolio | 190.2k $10.0m | Added +17.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 185.4k $9.7m | Reduced -2.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 184.8k $9.7m | Added +4.4k |
| EARNEST PARTNERS LLC 0.03% of their portfolio | 158.5k $8.3m | Reduced -6.4k |
| PANAGORA ASSET MANAGEMENT INC 0.02% of their portfolio | 149.9k $7.9m | Added +77.5k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 145.3k $7.6m | Added +1.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 134.2k $7.0m | Added +2.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 130.9k $6.9m | Added +8.2k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 128.0k $6.7m | Added +32.5k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 117.3k $6.2m | Added +57.4k |
| CSM Advisors, LLC 0.13% of their portfolio | 115.2k $6.0m | Added +18.3k |
| Empowered Funds, LLC 0.03% of their portfolio | 113.2k $5.9m | Added +17.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 112.7k $5.9m | Reduced -2.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 112.0k $5.9m | Reduced -60.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 105.0k $5.5m | Added +69.5k |
| ZACKS INVESTMENT MANAGEMENT 0.04% of their portfolio | 103.7k $5.4m | Added +5.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 101.2k $5.3m | Added +8.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 99.4k $5.2m | Reduced -5.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 88.6k $4.6m | Reduced -24.8k |
| UBS Group AG 0.00% of their portfolio | 86.1k $4.5m | Reduced -76.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 82.6k $4.4m | Added +29.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 82.2k $4.3m | Added +4.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 80.7k $4.2m | Added +10.3k |
| MARTINGALE ASSET MANAGEMENT L P 0.10% of their portfolio | 77.9k $4.1m | Added +1.9k |
| Trexquant Investment LP 0.03% of their portfolio | 77.8k $4.1m | Added +19.8k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 75.8k $4.0m | Reduced -2.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 68.2k $3.6m | Reduced -6.0k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 67.0k $3.5m | Reduced -69.0k |
| NORGES BANK 0.00% of their portfolio | 66.2k $3.5m | Not comparable |
| BARCLAYS PLC 0.00% of their portfolio | 63.3k $3.3m | Reduced -12.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 53.1k $2.8m | Added +6.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 52.5k $2.8m | Reduced -7.0k |
| Legal & General Group Plc 0.00% of their portfolio | 51.1k $2.7m | Added +1.7k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 50.6k $2.7m | Added +5.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 48.2k $2.5m | Added +15.3k |
| Quantinno Capital Management LP 0.00% of their portfolio | 47.7k $2.5m | Added +3.8k |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 47.6k $2.5m | Reduced -7.1k |
| JUPITER ASSET MANAGEMENT LTD 0.01% of their portfolio | 46.2k $2.4m | Unchanged |
| GLOBEFLEX CAPITAL L P 0.29% of their portfolio | 43.9k $2.3m | Added +915 |
| Swiss National Bank 0.00% of their portfolio | 43.6k $2.3m | Added +800 |
| INTECH INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 43.5k $2.3m | Reduced -24.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 43.0k $2.3m | Added +22.6k |
| Nuveen, LLC 0.00% of their portfolio | 42.9k $2.2m | Added +3.0k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 37.1k $1.9m | Reduced -12.4k |
| Man Group plc 0.00% of their portfolio | 37.0k $1.9m | Reduced -2.0k |
| Cerity Partners LLC 0.00% of their portfolio | 36.5k $1.9m | Reduced -1.5k |
| LPL Financial LLC 0.00% of their portfolio | 36.1k $1.9m | Added +14.4k |
| Integrated Quantitative Investments LLC 0.30% of their portfolio | 35.1k $1.8m | Added +26.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 33.1k $1.7m | Added +707 |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 32.7k $1.7m | Reduced -63.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 32.4k $1.7m | Reduced -36.5k |
| GSA CAPITAL PARTNERS LLP 0.11% of their portfolio | 32.0k $1.7m | Reduced -1.1k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 31.0k $1.6m | Reduced -12.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 30.7k $1.6m | Reduced -7.9k |
| Wilmington Savings Fund Society, FSB 0.03% of their portfolio | 27.5k $1.4m | Unchanged |
| XTX Topco Ltd 0.02% of their portfolio | 27.2k $1.4m | Added +20.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 27.2k $1.0m | Added +7.3k |
| Focus Partners Wealth 0.00% of their portfolio | 26.9k $1.4m | Added +424 |
| Ellsworth Advisors, LLC 0.21% of their portfolio | 25.7k $1.3m | Reduced -122 |
| Cetera Investment Advisers 0.00% of their portfolio | 23.3k $1.2m | Reduced -1.2k |
| Creative Planning 0.00% of their portfolio | 22.7k $1.2m | Added +2.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 22.5k $1.2m | Added +4.6k |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 22.3k $1.2m | Added +702 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 21.9k $1.1m | Reduced -272 |
| EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio | 21.3k $1.1m | Reduced -321 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 21.1k $1.1m | Reduced -5.5k |
| FMR LLC 0.00% of their portfolio | 20.8k $1.1m | Reduced -3.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 19.3k $1.0m | New |
| Horizon Investments, LLC 0.01% of their portfolio | 18.6k $1.1m | Reduced -211 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 18.2k $953.4k | Reduced -4.2k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 18.1k $950.6k | Added +2.0k |
| Tidal Investments LLC 0.00% of their portfolio | 18.1k $949.4k | Reduced -2.9k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 16.5k $867.0k | Reduced -1.2k |
| STRS OHIO 0.00% of their portfolio | 16.4k $860.0k | Reduced -1.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 15.8k $831.0k | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 14.9k $780.0k | Reduced -4.6k |
| Mariner, LLC 0.00% of their portfolio | 14.6k $764.8k | Reduced -139 |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 14.5k $760.0k | Reduced -157 |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 14.5k $759.0k | Reduced -1.5k |
| CITIGROUP INC 0.00% of their portfolio | 14.3k $749.9k | Reduced -2.5k |
| HANCOCK WHITNEY CORP 0.01% of their portfolio | 13.7k $720.6k | Added +160 |
| Aquatic Capital Management LLC 0.02% of their portfolio | 13.3k $696.8k | New |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 12.8k $673.9k | Added +4.2k |