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Dollar General

847 hedge funds and large institutions have $29.6B invested in Dollar General in 2019 Q1 according to their latest regulatory filings, with 113 funds opening new positions, 336 increasing their positions, 291 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more first-time investments, than exits

New positions opened: 113 | Existing positions closed: 54

16% more call options, than puts

Call options by funds: $338M | Put options by funds: $292M

15% more repeat investments, than reductions

Existing positions increased: 336 | Existing positions reduced: 291

9% more capital invested

Capital invested by funds: $27.3B → $29.6B (+$2.32B)

7% more funds holding

Funds holding: 792847 (+55)

1.08% less ownership

Funds ownership: 97.17%96.09% (-1.1%)

25% less funds holding in top 10

Funds holding in top 10: 3224 (-8)

Holders
847
Holders Change
+55
Holders Change %
+6.94%
% of All Funds
18.33%
Holding in Top 10
24
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-25%
% of All Funds
0.52%
New
113
Increased
336
Reduced
291
Closed
54
Calls
$338M
Puts
$292M
Net Calls
+$45.9M
Net Calls Change
+$168M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$2.95B -$47M -403,836 -2%
BlackRock
2
BlackRock
New York
$2.73B +$81.8M +703,219 +3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$2.35B +$34.4M +295,548 +2%
Barrow, Hanley, Mewhinney & Strauss
4
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.42B -$274M -2,355,898 -17%
State Street
5
State Street
Massachusetts
$1.36B +$34M +292,350 +3%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$1.05B +$180M +1,550,529 +21%
Polen Capital Management
7
Polen Capital Management
Florida
$902M +$47.6M +408,949 +6%
Caisse de Depot et Placement du Quebec (CDPQ)
8
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$615M -$50.5M -434,428 -8%
LP
9
Longview Partners
Guernsey
$549M -$478M -4,105,504 -47%
FMI
10
Fiduciary Management Inc
Wisconsin
$484M -$220M -1,889,107 -32%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$480M +$64.7M +556,301 +16%
OAG
12
Orbis Allan Gray
Bermuda
$466M -$228M -1,959,404 -33%
Northern Trust
13
Northern Trust
Illinois
$448M +$12.9M +110,672 +3%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$435M -$13.2M -113,827 -3%
JSP
15
Jackson Square Partners
California
$425M -$94.9M -815,540 -19%
Janus Henderson Group
16
Janus Henderson Group
United Kingdom
$346M +$48.2M +414,388 +17%
AllianceBernstein
17
AllianceBernstein
Tennessee
$319M +$109M +939,293 +54%
Massachusetts Financial Services
18
Massachusetts Financial Services
Massachusetts
$317M +$282M +2,424,439 +1,040%
Invesco
19
Invesco
Georgia
$292M -$16.8M -144,574 -6%
BBHC
20
Brown Brothers Harriman & Co
New York
$277M +$50.5M +433,864 +23%
Norges Bank
21
Norges Bank
Norway
$276M +$36.4M +312,876 +16%
Principal Financial Group
22
Principal Financial Group
Iowa
$266M -$7.04M -60,515 -3%
Bank of America
23
Bank of America
North Carolina
$258M +$68.3M +587,328 +37%
Two Sigma Advisers
24
Two Sigma Advisers
New York
$241M +$235M +2,016,600 New
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$229M +$4.77M +41,018 +2%

DG Hedge Fund Activity: Q1 2019 in Review

847 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Dollar General (DG) for Q1 2019, worth a combined $29.6B — up 8.5% from $27.3B a quarter earlier.

Buyers outnumbered sellers: 113 funds opened new DG positions and 54 closed out — a net gain of 59 holders — while 336 added to existing stakes and 291 trimmed.

The largest buyer was Massachusetts Financial Services, adding an estimated $282M. The largest seller was Longview Partners, cutting an estimated $478M.

  • 847 institutional investors held Dollar General (DG) as of Q1 2019, up from 792 in Q4 2018.
  • Funds reported $29.6B of Dollar General stock for Q1 2019, up 8.5% quarter-over-quarter.
  • 113 funds opened new Dollar General positions in Q1 2019 and 54 closed out, a net change of +59 holders.
  • The largest Dollar General buyer in Q1 2019 was Massachusetts Financial Services, an estimated $282M added.
  • The largest Dollar General seller in Q1 2019 was Longview Partners, an estimated $478M sold.

Based on aggregated 13F filings for Q1 2019.