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Donegal Group Class A

64 hedge funds and large institutions have $118M invested in Donegal Group Class A in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 15

1.12% less ownership

Funds ownership: 39.15%38.03% (-1.1%)

6% less capital invested

Capital invested by funds: $126M → $118M (-$8.14M)

9% less funds holding

Funds holding: 7064 (-6)

60% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 10

Holders
64
Holders Change
-6
Holders Change %
-8.57%
% of All Funds
1.43%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
24
Reduced
15
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BTS
26
BB&T Securities
Virginia
$362K
Invesco
27
Invesco
Georgia
$350K +$41.6K +3,008 +13%
Morgan Stanley
28
Morgan Stanley
New York
$348K +$19.6K +1,420 +6%
WS
29
Wedbush Securities
California
$339K -$13.8K -1,000 -4%
Swiss National Bank
30
Swiss National Bank
Switzerland
$285K
OAM
31
Oxford Asset Management
United Kingdom
$279K -$83K -6,004 -23%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$276K -$222K -16,021 -44%
AllianceBernstein
33
AllianceBernstein
Tennessee
$272K +$1.38K +100 +0.5%
NGA
34
Naples Global Advisors
Florida
$255K -$32.5K -2,350 -11%
Bessemer Group
35
Bessemer Group
New Jersey
$255K
AA
36
Ancora Advisors
Ohio
$230K
Allianz Asset Management
37
Allianz Asset Management
Germany
$221K -$859K -62,149 -79%
AM
38
Atwater Malick
Pennsylvania
$205K +$207K +15,000 New
California State Teachers Retirement System (CalSTRS)
39
California State Teachers Retirement System (CalSTRS)
California
$200K +$8.06K +583 +4%
Jacobs Levy Equity Management
40
Jacobs Levy Equity Management
New Jersey
$197K +$200K +14,463 New
TA
41
Teachers Advisors
New York
$187K
OSAM
42
O'Shaughnessy Asset Management
Connecticut
$177K -$9.1K -658 -5%
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$174K +$177K +12,788 New
JP Morgan Chase
44
JP Morgan Chase
New York
$142K +$42.3K +3,059 +42%
RQS
45
Ramsey Quantitative Systems
Kentucky
$137K +$31.9K +2,310 +30%
WCM
46
Weik Capital Management
Pennsylvania
$136K
New York State Common Retirement Fund
47
New York State Common Retirement Fund
New York
$106K
AIG
48
American International Group
New York
$84K -$664 -48 -0.8%
PC
49
PhiloSmith Capital
Connecticut
$71K
Canada Life
50
Canada Life
Manitoba, Canada
$55K +$54.2K +3,921 +1,343%

DGICA Hedge Fund Activity: Q4 2018 in Review

64 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q4 2018, worth a combined $118M — down 6.4% from $126M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of DGICA and 4 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 24 added.

The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $1.19M. The largest seller was Philadelphia Trust Company, cutting an estimated $1.94M.

  • 64 institutional investors held Donegal Group Class A (DGICA) as of Q4 2018, down from 70 in Q3 2018.
  • Funds reported $118M of Donegal Group Class A stock for Q4 2018, down 6.4% quarter-over-quarter.
  • 4 funds opened new Donegal Group Class A positions in Q4 2018 and 10 closed out, a net change of -6 holders.
  • The largest Donegal Group Class A buyer in Q4 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $1.19M added.
  • The largest Donegal Group Class A seller in Q4 2018 was Philadelphia Trust Company, an estimated $1.94M sold.

Based on aggregated 13F filings for Q4 2018.