Donegal Group Class A
DGICA
75 hedge funds and large institutions have $88.6M invested in Donegal Group Class A in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
10% more funds holding
Funds holding: 68 → 75 (+7)
1% more capital invested
Capital invested by funds: $87.6M → $88.6M (+$938K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
+$3.88M |
| 2 |
Renaissance Technologies
New York
|
+$998K |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$794K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$557K |
| 5 |
First Eagle Investment Management
New York
|
+$530K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$685K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$479K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$354K |
| 4 |
Bank of New York Mellon
New York
|
-$105K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$75K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Invesco
Atlanta,
Georgia
| – | -$75K | -4,942 | Closed |
|
77
Citigroup
New York
| – | -$5.92K | -410 | -100% |
|
DGICA Hedge Fund Activity: Q3 2015 in Review
75 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q3 2015, worth a combined $88.6M — up 1.1% from $87.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DGICA positions and 2 closed out — a net gain of 7 holders — while 28 added to existing stakes and 18 trimmed.
The largest buyer was Philadelphia Trust Company, adding an estimated $3.88M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $685K.
- 75 institutional investors held Donegal Group Class A (DGICA) as of Q3 2015, up from 68 in Q2 2015.
- Funds reported $88.6M of Donegal Group Class A stock for Q3 2015, up 1.1% quarter-over-quarter.
- 9 funds opened new Donegal Group Class A positions in Q3 2015 and 2 closed out, a net change of +7 holders.
- The largest Donegal Group Class A buyer in Q3 2015 was Philadelphia Trust Company, an estimated $3.88M added.
- The largest Donegal Group Class A seller in Q3 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $685K sold.
Based on aggregated 13F filings for Q3 2015.