Donegal Group Class A
DGICA
87 hedge funds and large institutions have $134M invested in Donegal Group Class A in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 33 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.52% less ownership
Funds ownership: 34.39% → 33.87% (-0.52%)
2% less funds holding
Funds holding: 89 → 87 (-2)
5% less capital invested
Capital invested by funds: $141M → $134M (-$7.62M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
36% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$1.27M |
| 2 |
Morgan Stanley
New York
|
+$375K |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$290K |
| 4 |
State Street
Boston,
Massachusetts
|
+$272K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$608K |
| 2 |
Goldman Sachs
New York
|
-$553K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$395K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$391K |
| 5 |
CWA
CM Wealth Advisors
Beachwood,
Ohio
|
-$291K |
DGICA Hedge Fund Activity: Q2 2023 in Review
87 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q2 2023, worth a combined $134M — down 5.4% from $141M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DGICA and 7 opened new positions — a net loss of 2 holders — while 33 trimmed existing stakes and 21 added.
The largest buyer was Empowered Funds, opening a new position worth an estimated $1.27M. The largest seller was BlackRock, cutting an estimated $608K.
- 87 institutional investors held Donegal Group Class A (DGICA) as of Q2 2023, down from 89 in Q1 2023.
- Funds reported $134M of Donegal Group Class A stock for Q2 2023, down 5.4% quarter-over-quarter.
- 7 funds opened new Donegal Group Class A positions in Q2 2023 and 9 closed out, a net change of -2 holders.
- The largest Donegal Group Class A buyer in Q2 2023 was Empowered Funds, an estimated $1.27M added.
- The largest Donegal Group Class A seller in Q2 2023 was BlackRock, an estimated $608K sold.
Based on aggregated 13F filings for Q2 2023.