Donegal Group Class A
DGICA
63 hedge funds and large institutions have $87.3M invested in Donegal Group Class A in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
6% more capital invested
Capital invested by funds: $82.4M → $87.3M (+$4.91M)
5% more funds holding
Funds holding: 60 → 63 (+3)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$2.12M |
| 2 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$151K |
| 3 |
First Eagle Investment Management
New York
|
+$150K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$124K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$96.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$606K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$556K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$230K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$203K |
| 5 |
Goldman Sachs
New York
|
-$190K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $33K | -$68.8K | -4,639 | -67% |
|
52
Ameriprise
Minneapolis,
Minnesota
| $27K | – | – | – |
|
53
Citigroup
New York
| $24K | -$44.4K | -2,997 | -65% |
|
|
TSW
54
Thompson Siegel & Walmsley
Richmond,
Virginia
| $21K | – | – | – |
|
55
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $16K | +$3.11K | +210 | +25% |
|
56
Creative Planning
Overland Park,
Kansas
| $15K | – | – | – |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| $12K | -$2.62K | -177 | -18% |
|
|
VFA
58
Virtus Fund Advisers
Hartford,
Connecticut
| $11K | +$10.3K | +694 | New |
|
59
Bank of America
Charlotte,
North Carolina
| $10K | +$9.77K | +659 | +9,414% |
|
|
U
60
UBS
Zurich,
Switzerland
| $9K | -$1.53K | -103 | -15% |
|
61
Teacher Retirement System of Texas
Austin,
Texas
| $5K | – | – | – |
|
62
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | +$2.82K | +190 | New |
|
|
DA
63
Denali Advisors
San Diego,
California
| $2K | – | – | – |
|
|
64
Goldman Sachs
New York
| – | -$190K | -13,064 | Closed |
|
65
Renaissance Technologies
New York
| – | -$153K | -10,500 | Closed |
|
DGICA Hedge Fund Activity: Q2 2014 in Review
63 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q2 2014, worth a combined $87.3M — up 6% from $82.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DGICA positions and 2 closed out — a net gain of 3 holders — while 21 added to existing stakes and 20 trimmed.
The largest buyer was Heartland Advisors, opening a new position worth an estimated $2.12M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $606K.
- 63 institutional investors held Donegal Group Class A (DGICA) as of Q2 2014, up from 60 in Q1 2014.
- Funds reported $87.3M of Donegal Group Class A stock for Q2 2014, up 6% quarter-over-quarter.
- 5 funds opened new Donegal Group Class A positions in Q2 2014 and 2 closed out, a net change of +3 holders.
- The largest Donegal Group Class A buyer in Q2 2014 was Heartland Advisors, an estimated $2.12M added.
- The largest Donegal Group Class A seller in Q2 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $606K sold.
Based on aggregated 13F filings for Q2 2014.