Donegal Group Class A
DGICA
65 hedge funds and large institutions have $91.4M invested in Donegal Group Class A in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
18% more capital invested
Capital invested by funds: $77.5M → $91.4M (+$13.9M)
5% more funds holding
Funds holding: 62 → 65 (+3)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.72M |
| 2 |
First Eagle Investment Management
New York
|
+$1.04M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$629K |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$519K |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$626K |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$334K |
| 3 |
Two Sigma Investments
New York
|
-$256K |
| 4 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$222K |
| 5 |
Morgan Stanley
New York
|
-$158K |
DGICA Hedge Fund Activity: Q4 2013 in Review
65 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q4 2013, worth a combined $91.4M — up 18% from $77.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DGICA positions and 7 closed out — a net gain of 3 holders — while 18 added to existing stakes and 20 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $1.72M. The largest seller was Goldman Sachs, cutting an estimated $626K.
- 65 institutional investors held Donegal Group Class A (DGICA) as of Q4 2013, up from 62 in Q3 2013.
- Funds reported $91.4M of Donegal Group Class A stock for Q4 2013, up 18% quarter-over-quarter.
- 10 funds opened new Donegal Group Class A positions in Q4 2013 and 7 closed out, a net change of +3 holders.
- The largest Donegal Group Class A buyer in Q4 2013 was Kennedy Capital Management, an estimated $1.72M added.
- The largest Donegal Group Class A seller in Q4 2013 was Goldman Sachs, an estimated $626K sold.
Based on aggregated 13F filings for Q4 2013.