United Fire Group Shares Sold by GSA Capital Partners

Insurance provider's stock ownership declines as hedge fund reduces stake

Published on Mar. 2, 2026

Got story updates? Submit your updates here. ›

GSA Capital Partners LLP, a hedge fund, has reduced its stake in United Fire Group, Inc. (NASDAQ:UFCS) by 87.2% during the third quarter, according to a recent SEC filing. The fund now owns 6,958 shares of the insurance provider's stock, down from 54,539 shares previously.

Why it matters

United Fire Group is a regional insurance provider based in Cedar Rapids, Iowa, that specializes in commercial and personal property and casualty coverage. The reduction in ownership by GSA Capital Partners could signal a shift in investor sentiment or portfolio strategy for the hedge fund.

The details

According to the 13F filing, GSA Capital Partners sold 47,581 shares of United Fire Group during the third quarter, leaving the fund with a much smaller 6,958-share position. The filing indicates the fund's holdings in United Fire Group were worth $212,000 as of the end of the quarter.

  • GSA Capital Partners filed the 13F report disclosing the stake reduction in the 3rd quarter of 2026.

The players

GSA Capital Partners LLP

A hedge fund that has reduced its ownership stake in United Fire Group.

United Fire Group, Inc.

A regional insurance provider based in Cedar Rapids, Iowa that specializes in commercial and personal property and casualty coverage.

Got photos? Submit your photos here. ›

The takeaway

The reduction in ownership by GSA Capital Partners could signal a shift in investor sentiment or portfolio strategy for the hedge fund, though the reasons behind the stake sale are not entirely clear from the limited information provided. United Fire Group's stock performance and outlook will be important to monitor going forward.