Donegal Group Class A
DGICA
74 hedge funds and large institutions have $92.6M invested in Donegal Group Class A in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 17 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
65% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 17
4% more funds holding
Funds holding: 71 → 74 (+3)
3% more capital invested
Capital invested by funds: $89.5M → $92.6M (+$3.07M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$1.74M |
| 2 |
ORIO
Old Republic International (ORI)
Chicago,
Illinois
|
+$1.14M |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$780K |
| 4 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
+$540K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$449K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFP
Michael F. Price
|
-$2.11M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$772K |
| 3 |
Morgan Stanley
New York
|
-$293K |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$239K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$214K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
BNP Paribas Financial Markets
Paris,
France
| – | -$24.5K | -1,740 | Closed |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| – | -$18K | -1,261 | Closed |
|
|
OSAM
78
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$13K | -954 | Closed |
|
79
Barclays
London,
United Kingdom
| – | +$128 | +9 | New |
|
DGICA Hedge Fund Activity: Q1 2016 in Review
74 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q1 2016, worth a combined $92.6M — up 3.4% from $89.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DGICA positions and 5 closed out — a net gain of 4 holders — while 28 added to existing stakes and 17 trimmed.
The largest buyer was Zacks Investment Management, opening a new position worth an estimated $1.74M. The largest seller was Michael F. Price, exiting entirely with an estimated $2.11M sold.
- 74 institutional investors held Donegal Group Class A (DGICA) as of Q1 2016, up from 71 in Q4 2015.
- Funds reported $92.6M of Donegal Group Class A stock for Q1 2016, up 3.4% quarter-over-quarter.
- 9 funds opened new Donegal Group Class A positions in Q1 2016 and 5 closed out, a net change of +4 holders.
- The largest Donegal Group Class A buyer in Q1 2016 was Zacks Investment Management, an estimated $1.74M added.
- The largest Donegal Group Class A seller in Q1 2016 was Michael F. Price, an estimated $2.11M sold.
Based on aggregated 13F filings for Q1 2016.