Donegal Group Class A
DGICA
60 hedge funds and large institutions have $82.4M invested in Donegal Group Class A in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 6 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
8% less funds holding
Funds holding: 65 → 60 (-5)
10% less capital invested
Capital invested by funds: $91.4M → $82.4M (-$9.01M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$377K |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$235K |
| 3 |
Renaissance Technologies
New York
|
+$155K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$154K |
| 5 |
Swiss National Bank
Zurich,
Switzerland
|
+$148K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$465K |
| 2 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$398K |
| 3 |
First Eagle Investment Management
New York
|
-$383K |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$340K |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$329K |
DGICA Hedge Fund Activity: Q1 2014 in Review
60 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q1 2014, worth a combined $82.4M — down 9.9% from $91.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DGICA and 2 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 23 added.
The largest buyer was Ancora Advisors, adding an estimated $377K. The largest seller was Wells Fargo, cutting an estimated $465K.
- 60 institutional investors held Donegal Group Class A (DGICA) as of Q1 2014, down from 65 in Q4 2013.
- Funds reported $82.4M of Donegal Group Class A stock for Q1 2014, down 9.9% quarter-over-quarter.
- 2 funds opened new Donegal Group Class A positions in Q1 2014 and 6 closed out, a net change of -4 holders.
- The largest Donegal Group Class A buyer in Q1 2014 was Ancora Advisors, an estimated $377K added.
- The largest Donegal Group Class A seller in Q1 2014 was Wells Fargo, an estimated $465K sold.
Based on aggregated 13F filings for Q1 2014.