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Dollar General

1,170 hedge funds and large institutions have $43.7B invested in Dollar General in 2021 Q1 according to their latest regulatory filings, with 140 funds opening new positions, 466 increasing their positions, 431 reducing their positions, and 153 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more funds holding in top 10

Funds holding in top 10: 2429 (+5)

16% more call options, than puts

Call options by funds: $555M | Put options by funds: $480M

8% more repeat investments, than reductions

Existing positions increased: 466 | Existing positions reduced: 431

0.31% more ownership

Funds ownership: 90.41%90.72% (+0.31%)

8% less first-time investments, than exits

New positions opened: 140 | Existing positions closed: 153

2% less funds holding

Funds holding: 1,1941,170 (-24)

6% less capital invested

Capital invested by funds: $46.7B → $43.7B (-$3.02B)

Holders
1,170
Holders Change
-24
Holders Change %
-2.01%
% of All Funds
20.54%
Holding in Top 10
29
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+20.83%
% of All Funds
0.51%
New
140
Increased
466
Reduced
431
Closed
153
Calls
$555M
Puts
$480M
Net Calls
+$75M
Net Calls Change
+$108M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.84B -$48.8M -245,546 -1%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$3.64B -$499M -2,511,249 -12%
BlackRock
3
BlackRock
New York
$3.57B +$10.3M +51,976 +0.3%
Capital World Investors
4
Capital World Investors
California
$2.66B +$363M +1,826,571 +16%
State Street
5
State Street
Massachusetts
$2.08B -$56.6M -284,989 -3%
Capital International Investors
6
Capital International Investors
California
$1.03B +$1.01B +5,079,103 New
Fidelity Investments
7
Fidelity Investments
Massachusetts
$961M -$1.05B -5,311,158 -53%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$776M +$15.5M +78,293 +2%
Lazard Asset Management
9
Lazard Asset Management
New York
$653M +$125M +627,778 +24%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$637M -$60.3M -303,604 -9%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$633M -$222M -1,118,120 -26%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$596M -$64.4M -324,061 -10%
Northern Trust
13
Northern Trust
Illinois
$584M -$66.2M -333,406 -10%
BI
14
BlueSpruce Investments
Illinois
$573M +$86.4M +435,035 +18%
Norges Bank
15
Norges Bank
Norway
$531M -$11.8M -59,613 -2%
FMI
16
Fiduciary Management Inc
Wisconsin
$483M +$39.6M +199,495 +9%
ATO
17
Alecta Tjanstepension Omsesidigt
Sweden
$477M +$92.9M +467,900 +25%
Janus Henderson Group
18
Janus Henderson Group
United Kingdom
$472M +$33.9M +170,750 +8%
Morgan Stanley
19
Morgan Stanley
New York
$424M -$66.3M -333,723 -14%
Barrow, Hanley, Mewhinney & Strauss
20
Barrow, Hanley, Mewhinney & Strauss
Texas
$401M +$217M +1,094,122 +124%
California Public Employees Retirement System
21
California Public Employees Retirement System
California
$390M -$19.3M -97,173 -5%
Legal & General Group
22
Legal & General Group
United Kingdom
$371M -$12.6M -63,278 -3%
Bank of America
23
Bank of America
North Carolina
$368M +$20.8M +104,962 +6%
UBS AM
24
UBS AM
Illinois
$348M +$487K +2,451 +0.1%
Invesco
25
Invesco
Georgia
$320M +$35.6M +179,145 +13%

DG Hedge Fund Activity: Q1 2021 in Review

1,170 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Dollar General (DG) for Q1 2021, worth a combined $43.7B — down 6.5% from $46.7B a quarter earlier.

Sellers outnumbered buyers: 153 funds closed out of DG and 140 opened new positions — a net loss of 13 holders — while 431 trimmed existing stakes and 466 added.

The largest buyer was Capital International Investors, opening a new position worth an estimated $1.01B. The largest seller was Polen Capital Management, exiting entirely with an estimated $1.22B sold.

  • 1,170 institutional investors held Dollar General (DG) as of Q1 2021, down from 1,194 in Q4 2020.
  • Funds reported $43.7B of Dollar General stock for Q1 2021, down 6.5% quarter-over-quarter.
  • 140 funds opened new Dollar General positions in Q1 2021 and 153 closed out, a net change of -13 holders.
  • The largest Dollar General buyer in Q1 2021 was Capital International Investors, an estimated $1.01B added.
  • The largest Dollar General seller in Q1 2021 was Polen Capital Management, an estimated $1.22B sold.

Based on aggregated 13F filings for Q1 2021.