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Dollar General

1,194 hedge funds and large institutions have $46.7B invested in Dollar General in 2020 Q4 according to their latest regulatory filings, with 165 funds opening new positions, 473 increasing their positions, 411 reducing their positions, and 80 closing their positions.

New
Increased
Maintained
Reduced
Closed

106% more first-time investments, than exits

New positions opened: 165 | Existing positions closed: 80

15% more repeat investments, than reductions

Existing positions increased: 473 | Existing positions reduced: 411

6% more funds holding

Funds holding: 1,1231,194 (+71)

2% less capital invested

Capital invested by funds: $47.6B → $46.7B (-$909M)

8% less call options, than puts

Call options by funds: $394M | Put options by funds: $427M

1.05% less ownership

Funds ownership: 91.45%90.41% (-1%)

37% less funds holding in top 10

Funds holding in top 10: 3824 (-14)

Holders
1,194
Holders Change
+71
Holders Change %
+6.32%
% of All Funds
21.13%
Holding in Top 10
24
Holding in Top 10 Change
-14
Holding in Top 10 Change %
-36.84%
% of All Funds
0.42%
New
165
Increased
473
Reduced
411
Closed
80
Calls
$394M
Puts
$427M
Net Calls
-$32.7M
Net Calls Change
-$186M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$4.3B -$343M -1,606,406 -7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$4.03B -$102M -477,834 -2%
BlackRock
3
BlackRock
New York
$3.7B -$112M -523,848 -3%
Capital World Investors
4
Capital World Investors
California
$2.37B +$91M +426,173 +4%
State Street
5
State Street
Massachusetts
$2.21B -$126M -590,478 -5%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$2.11B -$289M -1,354,928 -12%
Polen Capital Management
7
Polen Capital Management
Florida
$1.22B +$30.9M +144,538 +3%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$892M -$43.9M -205,385 -5%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$789M +$7.58M +35,496 +1%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$725M +$6.04M +28,295 +0.8%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$687M -$20.4M -95,498 -3%
Northern Trust
12
Northern Trust
Illinois
$676M -$21M -98,450 -3%
Norges Bank
13
Norges Bank
Norway
$563M +$44.5M +208,199 +8%
Lazard Asset Management
14
Lazard Asset Management
New York
$545M +$6.23M +29,153 +1%
Morgan Stanley
15
Morgan Stanley
New York
$511M +$195M +914,802 +60%
BI
16
BlueSpruce Investments
Illinois
$503M +$196M +918,848 +62%
Wells Fargo
17
Wells Fargo
California
$469M -$6.11M -28,623 -1%
FMI
18
Fiduciary Management Inc
Wisconsin
$460M -$41.4M -193,941 -8%
Janus Henderson Group
19
Janus Henderson Group
United Kingdom
$454M +$22.3M +104,285 +5%
Caisse de Depot et Placement du Quebec (CDPQ)
20
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$443M -$78.8M -368,809 -15%
California Public Employees Retirement System
21
California Public Employees Retirement System
California
$426M -$16.9M -78,978 -4%
Legal & General Group
22
Legal & General Group
United Kingdom
$399M +$11.9M +55,710 +3%
ATO
23
Alecta Tjanstepension Omsesidigt
Sweden
$396M -$6.41M -30,000 -2%
UBS AM
24
UBS AM
Illinois
$361M +$24.3M +113,932 +7%
Bank of America
25
Bank of America
North Carolina
$360M -$99.5M -465,958 -21%

DG Hedge Fund Activity: Q4 2020 in Review

1,194 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Dollar General (DG) for Q4 2020, worth a combined $46.7B — down 1.9% from $47.6B a quarter earlier.

Buyers outnumbered sellers: 165 funds opened new DG positions and 80 closed out — a net gain of 85 holders — while 473 added to existing stakes and 411 trimmed.

The largest buyer was BlueSpruce Investments, adding an estimated $196M. The largest seller was T. Rowe Price Associates, cutting an estimated $343M.

  • 1,194 institutional investors held Dollar General (DG) as of Q4 2020, up from 1,123 in Q3 2020.
  • Funds reported $46.7B of Dollar General stock for Q4 2020, down 1.9% quarter-over-quarter.
  • 165 funds opened new Dollar General positions in Q4 2020 and 80 closed out, a net change of +85 holders.
  • The largest Dollar General buyer in Q4 2020 was BlueSpruce Investments, an estimated $196M added.
  • The largest Dollar General seller in Q4 2020 was T. Rowe Price Associates, an estimated $343M sold.

Based on aggregated 13F filings for Q4 2020.