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Dollar General

1,035 hedge funds and large institutions have $20.9B invested in Dollar General in 2023 Q3 according to their latest regulatory filings, with 141 funds opening new positions, 383 increasing their positions, 407 reducing their positions, and 256 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% less repeat investments, than reductions

Existing positions increased: 383 | Existing positions reduced: 407

2.52% less ownership

Funds ownership: 92.06%89.54% (-2.5%)

11% less funds holding

Funds holding: 1,1631,035 (-128)

14% less funds holding in top 10

Funds holding in top 10: 1412 (-2)

17% less call options, than puts

Call options by funds: $783M | Put options by funds: $940M

39% less capital invested

Capital invested by funds: $34.4B → $20.9B (-$13.5B)

45% less first-time investments, than exits

New positions opened: 141 | Existing positions closed: 256

Holders
1,035
Holders Change
-128
Holders Change %
-11.01%
% of All Funds
16.43%
Holding in Top 10
12
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-14.29%
% of All Funds
0.19%
New
141
Increased
383
Reduced
407
Closed
256
Calls
$783M
Puts
$940M
Net Calls
-$157M
Net Calls Change
-$111M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.3B +$515M +3,457,393 +19%
BlackRock
2
BlackRock
New York
$2.05B +$120M +802,280 +4%
Capital International Investors
3
Capital International Investors
California
$1.74B +$196M +1,315,564 +9%
Capital World Investors
4
Capital World Investors
California
$1.37B +$320M +2,146,962 +20%
State Street
5
State Street
Massachusetts
$1.01B -$33.9M -227,422 -2%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$733M +$27.7M +185,943 +3%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$454M +$13.6M +91,174 +2%
Morgan Stanley
8
Morgan Stanley
New York
$401M -$26M -174,737 -4%
LP
9
Longview Partners
Guernsey
$380M +$132M +883,495 +33%
Norges Bank
10
Norges Bank
Norway
$268M +$9.27M +62,169 +3%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$261M -$245M -1,641,184 -40%
Northern Trust
12
Northern Trust
Illinois
$248M +$9.38M +62,913 +3%
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$223M +$156M +1,043,141 +98%
ATO
14
Alecta Tjanstepension Omsesidigt
Sweden
$218M
Macquarie Group
15
Macquarie Group
Australia
$209M -$39.6M -265,862 -12%
Bank of America
16
Bank of America
North Carolina
$209M -$49.8M -333,938 -14%
Marshall Wace
17
Marshall Wace
United Kingdom
$174M +$70.7M +474,270 +40%
Squarepoint
18
Squarepoint
New York
$169M +$152M +1,020,237 +178%
Invesco
19
Invesco
Georgia
$166M +$71.8M +481,881 +44%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$165M -$47.4M -318,253 -17%
FMI
21
Fiduciary Management Inc
Wisconsin
$165M +$53.2M +357,128 +30%
Renaissance Technologies
22
Renaissance Technologies
New York
$154M +$183M +1,229,100 +537%
Voloridge Investment Management
23
Voloridge Investment Management
Florida
$152M +$180M +1,206,158 +523%
Massachusetts Financial Services
24
Massachusetts Financial Services
Massachusetts
$151M +$93.6M +627,844 +79%
Legal & General Group
25
Legal & General Group
United Kingdom
$150M -$13.5M -90,349 -6%

DG Hedge Fund Activity: Q3 2023 in Review

1,035 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Dollar General (DG) for Q3 2023, worth a combined $20.9B — down 39% from $34.4B a quarter earlier.

Sellers outnumbered buyers: 256 funds closed out of DG and 141 opened new positions — a net loss of 115 holders — while 407 trimmed existing stakes and 383 added.

The largest buyer was Vanguard Group, adding an estimated $515M. The largest seller was JP Morgan Chase, cutting an estimated $579M.

  • 1,035 institutional investors held Dollar General (DG) as of Q3 2023, down from 1,163 in Q2 2023.
  • Funds reported $20.9B of Dollar General stock for Q3 2023, down 39% quarter-over-quarter.
  • 141 funds opened new Dollar General positions in Q3 2023 and 256 closed out, a net change of -115 holders.
  • The largest Dollar General buyer in Q3 2023 was Vanguard Group, an estimated $515M added.
  • The largest Dollar General seller in Q3 2023 was JP Morgan Chase, an estimated $579M sold.

Based on aggregated 13F filings for Q3 2023.