UF
United Fire Group Inc Historical SEC 13F Holdings & Archive (Q4 2023)
United Fire Group IncCIK: 0000101199
Quality / disciplined sizingLong-term holder
Total reported value
$55.0M
Reporting period: 2023-12-31 · Number of holdings: 21
United Fire Group Inc disclosed 21 holdings in its latest 13F filing for the period ending 2023-12-31, with total reported value of $55.0M and a quarterly turnover rate of 0.0%.
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Personality snowflake
- Concentration
- 26.29
- Portfolio Stability
- 0
- Momentum
- 50
- Sector conviction
- 38
- Diversification
- 42
- Sizing Uniformity
- 93.68
United Fire Group Inc's disclosed holdings carry a Herfindahl concentration index of 0.066 — mathematically equivalent to about 15 equally-sized positions, close to its 21 actual disclosed holdings. Value is spread relatively evenly across the portfolio rather than concentrated in a handful of names.
Position sizes are fairly uniform across the portfolio (a coefficient of variation of 0.63), suggesting a disciplined, rules-based approach to how much capital goes into each idea.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govNo holding changes this quarter
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | EPD | Enterprise Products Partners | Stock-Energy | 12.45% | — | — | |
| 2 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 10.47% | — | — | |
| 3 | UNP | Union Pacific CORP | Stock-Industrials | 10.04% | — | — | |
| 4 | MSFT | Microsoft CORP | Stock-Tech | 6.83% | — | — | |
| 5 | NKE | Nike Inc -cl B | Stock-Consumer Disc | 5.92% | — | — | |
| 6 | DOW | Dow Inc | Stock-Materials | 5.65% | — | — | |
| 7 | MA | Mastercard Inc - A | Stock-Financials | 4.81% | — | — | |
| 8 | ENB | Enbridge Inc | Stock-Energy | 4.77% | — | — | |
| 9 | WTFC | Wintrust Financial CORP | Stock-Financials | 4.64% | — | — | |
| 10 | 6D8 | Dupont De Nemours Inc | Stock-Other | 3.76% | — | — | |
| 11 | MDT | Medtronic plc | Stock-Healthcare | 3.74% | — | — | |
| 12 | LNT | Alliant Energy CORP | Stock-Utilities | 3.73% | — | — | |
| 13 | DUK | Duke Energy CORP | Stock-Utilities | 3.53% | — | — | |
| 14 | CTVA | Corteva Inc | Stock-Materials | 3.48% | — | — | |
| 15 | MS | Morgan Stanley | Stock-Financials | 3.39% | — | — | |
| 16 | JPM | Jpmorgan Chase & Co | Stock-Financials | 3.09% | — | — | |
| 17 | AMCR | Amcor plc | Stock-Consumer Disc | 2.81% | — | — | |
| 18 | USB | US Bancorp | Stock-Financials | 2.41% | — | — | |
| 19 | PFE | Pfizer Inc | Stock-Healthcare | 2.35% | — | — | |
| 20 | ABBV | Abbvie Inc | Stock-Healthcare | 1.95% | — | — | |
| 21 | ORI | Old Republic Intl CORP | Stock-Financials | 0.16% | — | — |
Portfolio Performance
Performance for Q3 2026
+8.5%
Performance Last 4 Quarters
+13.4%
- Stdev
- +11.3%
- Beta
- +0.55
- Alpha
- +1.2%
- Max Drawdown
- -8.3%
- Annualized Perf
- +12.3%
- Batting Avg vs S&P
- +44.4%
- Sortino
- +1.85
- Stutzer
- +0.31
- Treynor
- +0.22
- Sterling
- +0.8
- Calmar
- +1.47
- Information Ratio
- -0.74
- Tracking Error
- +10.5%
- Stdev Down
- +6.6%
- Winning Months %
- +63.9%
- Losing Months %
- +36.1%
- Best 12 Months
- +23.7%
- Worst 12 Months
- +1%
- Efficiency Ratio
- +0.39
- Sharpe
- +1.08
- Stdev Sectors
- +4.2%
- Skewness
- -0.43
- Kurtosis
- -0.76
- Upside Potential
- +3.64
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2023 Q4 | 21 | $55.0M | 0 | ||
| 2023 Q3 | 21 | $51.2M | 0 | ||
| 2023 Q2 | 37 | $129.6M | 0 | ||
| 2023 Q1 | 44 | $159.4M | 0 | ||
| 2022 Q4 | 46 | $169.1M | 0 | ||
| 2022 Q3 | 46 | $149.5M | 0 | ||
| 2022 Q2 | 47 | $163.2M | 0 | ||
| 2022 Q1 | 46 | $194.2M | 0 | ||
| 2021 Q4 | 49 | $212.8M | 0 | ||
| 2021 Q3 | 52 | $200.3M | 0 | ||
| 2021 Q2 | 48 | $196.3M | 99 | ||
| 2021 Q1 | 48 | $192.7M | 34 | ||
| 2020 Q4 | 98 | $206.1M | 15 | ||
| 2020 Q3 | 109 | $198.2M | 18 | ||
| 2020 Q2 | 116 | $207.0M | 19 | ||
| 2020 Q1 | 119 | $206.3M | 37 | ||
| 2019 Q4 | 120 | $297.0M | 9 | ||
| 2019 Q3 | 118 | $291.7M | 8 | ||
| 2019 Q2 | 118 | $282.2M | 15 | ||
| 2019 Q1 | 114 | $268.8M | 11 | ||
| 2018 Q4 | 118 | $246.1M | 13 | ||
| 2018 Q3 | 114 | $274.0M | 9 | ||
| 2018 Q2 | 114 | $258.7M | 13 | ||
| 2018 Q1 | 113 | $279.1M | 16 | ||
| 2017 Q4 | 114 | $306.4M | 8 | ||
| 2017 Q3 | 116 | $297.1M | 15 | ||
| 2017 Q2 | 115 | $281.9M | 6 | ||
| 2017 Q1 | 115 | $276.7M | 9 | ||
| 2016 Q4 | 116 | $271.0M | 11 | ||
| 2016 Q3 | 113 | $251.3M | 7 | ||
| 2016 Q2 | 113 | $249.7M | 7 | ||
| 2016 Q1 | 114 | $237.8M | 9 | ||
| 2015 Q4 | 113 | $235.9M | 10 | ||
| 2015 Q3 | 113 | $221.7M | 12 | ||
| 2015 Q2 | 114 | $239.6M | 7 | ||
| 2015 Q1 | 114 | $238.2M | 8 | ||
| 2014 Q4 | 111 | $240.9M | 9 | ||
| 2014 Q3 | 110 | $228.3M | 6 | ||
| 2014 Q2 | 108 | $231.6M | 7 | ||
| 2014 Q1 | 110 | $226.5M | 5 | ||
| 2013 Q4 | 109 | $223.2M | 11 | ||
| 2013 Q3 | 108 | $200.8M | 7 | ||
| 2013 Q2 | 108 | $193.5M | 0 |
Holding changes this quarter
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|
💡
Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Filing History
FAQ
What is United Fire Group Inc and what type of investor is it?
United Fire Group Inc is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2023-12-31), the firm manages a tracked equity portfolio valued at approximately $55.0M, spread across 21 disclosed positions.
What are United Fire Group Inc's largest equity positions?
Based on the latest 13F filing, United Fire Group Inc's top holdings by market value are:
1. Enterprise Products Partners (EPD) — $6.9M (12.4%)
2. Procter & Gamble Co/the (PG) — $5.8M (10.5%)
3. Union Pacific CORP (UNP) — $5.5M (10.0%)
4. Microsoft CORP (MSFT) — $3.8M (6.8%)
5. Nike Inc -cl B (NKE) — $3.3M (5.9%)
What changes did United Fire Group Inc make in its most recent portfolio filing?
No notable portfolio changes were recorded for United Fire Group Inc in the most recent quarter. Holdings appear to have remained relatively stable.
What sectors does United Fire Group Inc focus on?
United Fire Group Inc is concentrated in the following sectors based on its current disclosed equity portfolio:
• Financials: 19.2%
• Energy: 17.9%
• Consumer Staples: 10.9%
• Industrials: 10.4%
• Materials: 9.5%
• Consumer Discretionary: 9.1%
Investment Profile
United Fire Group Inc returned an annualized 12.3% over the trailing 36 months — outperforming the S&P 500 by 1.2 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.55 (less volatile than the market) and a 44% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding.
Its concentration score has risen from 11 to 26 over the past 4 quarters — a shift toward higher-conviction positions.
It has added to its WTFC position over the past two quarters (+$554.0K, now $2.6M), while trimming PFE over the same stretch (-$2.2M, still holding $1.3M).
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Developer Access
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