Donegal Group Class A
DGICA
84 hedge funds and large institutions have $135M invested in Donegal Group Class A in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 19 reducing their positions, and 6 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 19
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
36.4% more ownership
Funds ownership: 0% → 36.4% (+36%)
20% more capital invested
Capital invested by funds: $113M → $135M (+$22.2M)
2% more funds holding
Funds holding: 82 → 84 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TG
TCW Group
Los Angeles,
California
|
+$2.26M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.98M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$1.37M |
| 4 |
Morgan Stanley
New York
|
+$1.12M |
| 5 |
Renaissance Technologies
New York
|
+$979K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$2.2M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$646K |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$530K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$514K |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$323K |
DGICA Hedge Fund Activity: Q4 2016 in Review
84 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q4 2016, worth a combined $135M — up 20% from $113M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DGICA positions and 6 closed out — a net gain of 4 holders — while 35 added to existing stakes and 19 trimmed.
The largest buyer was TCW Group, opening a new position worth an estimated $2.26M. The largest seller was Emerald Advisers, exiting entirely with an estimated $2.2M sold.
- 84 institutional investors held Donegal Group Class A (DGICA) as of Q4 2016, up from 82 in Q3 2016.
- Funds reported $135M of Donegal Group Class A stock for Q4 2016, up 20% quarter-over-quarter.
- 10 funds opened new Donegal Group Class A positions in Q4 2016 and 6 closed out, a net change of +4 holders.
- The largest Donegal Group Class A buyer in Q4 2016 was TCW Group, an estimated $2.26M added.
- The largest Donegal Group Class A seller in Q4 2016 was Emerald Advisers, an estimated $2.2M sold.
Based on aggregated 13F filings for Q4 2016.