Donegal Group Class A
DGICA
85 hedge funds and large institutions have $140M invested in Donegal Group Class A in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
1% more funds holding
Funds holding: 84 → 85 (+1)
3% more capital invested
Capital invested by funds: $135M → $140M (+$4.63M)
0.4% more ownership
Funds ownership: 36.4% → 36.8% (+0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13.9M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.71M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$938K |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$580K |
| 5 |
State Street
Boston,
Massachusetts
|
+$447K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$757K |
| 2 |
TG
TCW Group
Los Angeles,
California
|
-$658K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$462K |
| 4 |
JP Morgan Chase
New York
|
-$330K |
| 5 |
Millennium Management
New York
|
-$255K |
DGICA Hedge Fund Activity: Q1 2017 in Review
85 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q1 2017, worth a combined $140M — up 3.4% from $135M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DGICA positions and 4 closed out — a net gain of 6 holders — while 30 added to existing stakes and 24 trimmed.
The largest buyer was BlackRock, adding an estimated $13.9M. The largest seller was Nationwide Fund Advisors, cutting an estimated $757K.
- 85 institutional investors held Donegal Group Class A (DGICA) as of Q1 2017, up from 84 in Q4 2016.
- Funds reported $140M of Donegal Group Class A stock for Q1 2017, up 3.4% quarter-over-quarter.
- 10 funds opened new Donegal Group Class A positions in Q1 2017 and 4 closed out, a net change of +6 holders.
- The largest Donegal Group Class A buyer in Q1 2017 was BlackRock, an estimated $13.9M added.
- The largest Donegal Group Class A seller in Q1 2017 was Nationwide Fund Advisors, an estimated $757K sold.
Based on aggregated 13F filings for Q1 2017.