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Dollar General

792 hedge funds and large institutions have $27.3B invested in Dollar General in 2018 Q4 according to their latest regulatory filings, with 122 funds opening new positions, 303 increasing their positions, 266 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more funds holding in top 10

Funds holding in top 10: 1932 (+13)

45% more first-time investments, than exits

New positions opened: 122 | Existing positions closed: 84

14% more repeat investments, than reductions

Existing positions increased: 303 | Existing positions reduced: 266

4% more funds holding

Funds holding: 759792 (+33)

1.97% more ownership

Funds ownership: 95.21%97.17% (+2%)

1% less capital invested

Capital invested by funds: $27.6B → $27.3B (-$331M)

46% less call options, than puts

Call options by funds: $146M | Put options by funds: $268M

Holders
792
Holders Change
+33
Holders Change %
+4.35%
% of All Funds
17.65%
Holding in Top 10
32
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+68.42%
% of All Funds
0.71%
New
122
Increased
303
Reduced
266
Closed
84
Calls
$146M
Puts
$268M
Net Calls
-$122M
Net Calls Change
-$86.5M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$2.71B -$283M -2,609,635 -9%
BlackRock
2
BlackRock
New York
$2.4B +$293M +2,709,334 +14%
Vanguard Group
3
Vanguard Group
Pennsylvania
$2.1B +$23.1M +212,992 +1%
Barrow, Hanley, Mewhinney & Strauss
4
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.54B -$96.2M -888,176 -6%
State Street
5
State Street
Massachusetts
$1.2B -$24.8M -229,396 -2%
LP
6
Longview Partners
Guernsey
$941M -$116M -1,075,488 -11%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$786M +$138M +1,278,052 +21%
Polen Capital Management
8
Polen Capital Management
Florida
$773M +$11.5M +105,776 +2%
FMI
9
Fiduciary Management Inc
Wisconsin
$642M -$9.76M -90,154 -1%
OAG
10
Orbis Allan Gray
Bermuda
$634M +$79.7M +735,893 +14%
Caisse de Depot et Placement du Quebec (CDPQ)
11
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$604M -$80.1M -740,093 -12%
JSP
12
Jackson Square Partners
California
$474M +$21.6M +199,347 +5%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$407M +$36.2M +334,530 +10%
Northern Trust
14
Northern Trust
Illinois
$394M +$19.4M +178,742 +5%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$375M +$12M +111,018 +3%
JP Morgan Chase
16
JP Morgan Chase
New York
$342M +$51.4M +474,387 +18%
Invesco
17
Invesco
Georgia
$280M -$4.44M -40,986 -2%
Janus Henderson Group
18
Janus Henderson Group
United Kingdom
$269M +$138M +1,278,447 +106%
Principal Financial Group
19
Principal Financial Group
Iowa
$248M -$46.5M -429,646 -16%
Wells Fargo
20
Wells Fargo
California
$220M -$23.5M -217,217 -10%
Norges Bank
21
Norges Bank
Norway
$216M +$11.8M +108,813 +6%
Goldman Sachs
22
Goldman Sachs
New York
$212M -$29.7M -274,492 -12%
UBS AM
23
UBS AM
Illinois
$206M +$15.8M +146,118 +8%
BBHC
24
Brown Brothers Harriman & Co
New York
$204M +$96.8M +894,131 +90%
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$203M +$12.7M +117,225 +7%

DG Hedge Fund Activity: Q4 2018 in Review

792 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Dollar General (DG) for Q4 2018, worth a combined $27.3B — down 1.2% from $27.6B a quarter earlier.

Buyers outnumbered sellers: 122 funds opened new DG positions and 84 closed out — a net gain of 38 holders — while 303 added to existing stakes and 266 trimmed.

The largest buyer was BlackRock, adding an estimated $293M. The largest seller was T. Rowe Price Associates, cutting an estimated $283M.

  • 792 institutional investors held Dollar General (DG) as of Q4 2018, up from 759 in Q3 2018.
  • Funds reported $27.3B of Dollar General stock for Q4 2018, down 1.2% quarter-over-quarter.
  • 122 funds opened new Dollar General positions in Q4 2018 and 84 closed out, a net change of +38 holders.
  • The largest Dollar General buyer in Q4 2018 was BlackRock, an estimated $293M added.
  • The largest Dollar General seller in Q4 2018 was T. Rowe Price Associates, an estimated $283M sold.

Based on aggregated 13F filings for Q4 2018.