Ativo Capital Management’s Donegal Group Class A DGICA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-54,013	Closed	-$859K	–	223
2017 Q2	$859K	Hold	54,013	–	–	0.23%	189
2017 Q1	$952K	Buy	54,013 +4,000	+8%	+$70.5K	0.24%	176
2016 Q4	$874K	Buy	50,013 +4,006	+9%	+$70K	0.21%	187
2016 Q3	$741K	Buy	+46,007	New	+$741K	0.17%	200