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Dollar General

1,237 hedge funds and large institutions have $42.7B invested in Dollar General in 2023 Q1 according to their latest regulatory filings, with 137 funds opening new positions, 452 increasing their positions, 481 reducing their positions, and 151 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more call options, than puts

Call options by funds: $569M | Put options by funds: $472M

0.72% more ownership

Funds ownership: 91.59%92.31% (+0.72%)

6% less repeat investments, than reductions

Existing positions increased: 452 | Existing positions reduced: 481

9% less first-time investments, than exits

New positions opened: 137 | Existing positions closed: 151

3% less funds holding

Funds holding: 1,2741,237 (-37)

15% less capital invested

Capital invested by funds: $50.1B → $42.7B (-$7.45B)

27% less funds holding in top 10

Funds holding in top 10: 3727 (-10)

Holders
1,237
Holders Change
-37
Holders Change %
-2.9%
% of All Funds
19.71%
Holding in Top 10
27
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-27.03%
% of All Funds
0.43%
New
137
Increased
452
Reduced
481
Closed
151
Calls
$569M
Puts
$472M
Net Calls
+$96.9M
Net Calls Change
+$370M
Name Holding Trade Value Shares
Change
Change in
Stake
SGA
26
Sustainable Growth Advisers
Connecticut
$334M +$155M +692,109 +77%
Legal & General Group
27
Legal & General Group
United Kingdom
$308M +$4.77M +21,241 +1%
California Public Employees Retirement System
28
California Public Employees Retirement System
California
$299M -$20.8M -92,769 -6%
Goldman Sachs
29
Goldman Sachs
New York
$282M +$15.5M +69,235 +5%
Invesco
30
Invesco
Georgia
$279M -$201M -896,356 -40%
FMI
31
Fiduciary Management Inc
Wisconsin
$278M -$13.9M -61,891 -4%
Charles Schwab
32
Charles Schwab
California
$272M +$351K +1,564 +0.1%
Flossbach Von Storch
33
Flossbach Von Storch
Germany
$250M +$30M +133,790 +13%
CIBC Private Wealth Group
34
CIBC Private Wealth Group
Georgia
$230M -$3.67M -16,334 -1%
BBHC
35
Brown Brothers Harriman & Co
New York
$226M -$5.4M -24,067 -2%
CP
36
Coho Partners
Pennsylvania
$224M -$2.58M -11,500 -1%
AC
37
AKO Capital
United Kingdom
$216M +$20M +89,187 +10%
Renaissance Technologies
38
Renaissance Technologies
New York
$215M +$230M +1,022,400 New
Massachusetts Financial Services
39
Massachusetts Financial Services
Massachusetts
$213M -$22.4M -99,943 -9%
Bank of Montreal
40
Bank of Montreal
Ontario, Canada
$212M +$144M +640,475 +224%
Dimensional Fund Advisors
41
Dimensional Fund Advisors
Texas
$211M -$2.16M -9,608 -0.9%
UBS AM
42
UBS AM
Illinois
$204M +$6.38M +28,423 +3%
UBS Group
43
UBS Group
Switzerland
$201M -$18.5M -82,584 -8%
VNIM
44
Vaughan Nelson Investment Management
Texas
$190M -$833K -3,709 -0.4%
Swiss National Bank
45
Swiss National Bank
Switzerland
$188M -$4.92M -21,900 -2%
A
46
AustralianSuper
Australia
$185M
Amundi
47
Amundi
France
$185M +$12.1M +54,034 +7%
HTC
48
Haverford Trust Company
Pennsylvania
$176M +$1.58M +7,048 +0.8%
Caisse de Depot et Placement du Quebec (CDPQ)
49
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$166M +$7.02M +31,264 +4%
TD Asset Management
50
TD Asset Management
Ontario, Canada
$160M -$25.9M -115,185 -13%

DG Hedge Fund Activity: Q1 2023 in Review

1,237 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Dollar General (DG) for Q1 2023, worth a combined $42.7B — down 15% from $50.1B a quarter earlier.

Sellers outnumbered buyers: 151 funds closed out of DG and 137 opened new positions — a net loss of 14 holders — while 481 trimmed existing stakes and 452 added.

The largest buyer was BlackRock, adding an estimated $270M. The largest seller was T. Rowe Price Associates, cutting an estimated $550M.

  • 1,237 institutional investors held Dollar General (DG) as of Q1 2023, down from 1,274 in Q4 2022.
  • Funds reported $42.7B of Dollar General stock for Q1 2023, down 15% quarter-over-quarter.
  • 137 funds opened new Dollar General positions in Q1 2023 and 151 closed out, a net change of -14 holders.
  • The largest Dollar General buyer in Q1 2023 was BlackRock, an estimated $270M added.
  • The largest Dollar General seller in Q1 2023 was T. Rowe Price Associates, an estimated $550M sold.

Based on aggregated 13F filings for Q1 2023.