Donegal Group Class A
DGICA
89 hedge funds and large institutions have $141M invested in Donegal Group Class A in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 33 increasing their positions, 32 reducing their positions, and 10 closing their positions.
29% more capital invested
Capital invested by funds: $110M → $141M (+$31.6M)
3% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.91% less ownership
Funds ownership: 35.3% → 34.39% (-0.91%)
7% less funds holding
Funds holding: 96 → 89 (-7)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$979K |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$456K |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$410K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$365K |
| 5 |
Goldman Sachs
New York
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.52M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$1,000K |
| 3 |
Two Sigma Investments
New York
|
-$723K |
| 4 |
Two Sigma Advisers
New York
|
-$688K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$479K |
DGICA Hedge Fund Activity: Q1 2023 in Review
89 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q1 2023, worth a combined $141M — up 29% from $110M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DGICA and 3 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 33 added.
The largest buyer was Vanguard Group, adding an estimated $979K. The largest seller was Allspring Global Investments, cutting an estimated $1.52M.
- 89 institutional investors held Donegal Group Class A (DGICA) as of Q1 2023, down from 96 in Q4 2022.
- Funds reported $141M of Donegal Group Class A stock for Q1 2023, up 29% quarter-over-quarter.
- 3 funds opened new Donegal Group Class A positions in Q1 2023 and 10 closed out, a net change of -7 holders.
- The largest Donegal Group Class A buyer in Q1 2023 was Vanguard Group, an estimated $979K added.
- The largest Donegal Group Class A seller in Q1 2023 was Allspring Global Investments, an estimated $1.52M sold.
Based on aggregated 13F filings for Q1 2023.