Donegal Group Class A
DGICA
70 hedge funds and large institutions have $130M invested in Donegal Group Class A in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 22 increasing their positions, 22 reducing their positions, and 10 closing their positions.
1% more capital invested
Capital invested by funds: $128M → $130M (+$1.45M)
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
0.19% less ownership
Funds ownership: 37.1% → 36.92% (-0.19%)
10% less funds holding
Funds holding: 78 → 70 (-8)
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $235K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ORIO
Old Republic International (ORI)
Chicago,
Illinois
|
+$3.74M |
| 2 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
+$719K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$629K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$349K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$338K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$2.92M |
| 2 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
-$859K |
| 3 |
Millennium Management
New York
|
-$612K |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$515K |
| 5 |
BlackRock
New York
|
-$479K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
76
TFS Capital
West Chester,
Pennsylvania
| – | -$180K | -11,335 | Closed |
|
|
AG
77
Advisor Group
Phoenix,
Arizona
| – | -$16K | -1,000 | Closed |
|
|
CCMH
78
Cornerstone Capital Management Holdings
New York
| – | -$14K | -967 | Closed |
|
79
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| – | -$11K | -700 | Closed |
|
|
QI
80
QS Investors
New York
| – | -$6K | -364 | Closed |
|
DGICA Hedge Fund Activity: Q3 2017 in Review
70 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q3 2017, worth a combined $130M — up 1.1% from $128M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DGICA and 2 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 22 added.
The largest buyer was Old Republic International (ORI), adding an estimated $3.74M. The largest seller was Heartland Advisors, exiting entirely with an estimated $2.92M sold.
- 70 institutional investors held Donegal Group Class A (DGICA) as of Q3 2017, down from 78 in Q2 2017.
- Funds reported $130M of Donegal Group Class A stock for Q3 2017, up 1.1% quarter-over-quarter.
- 2 funds opened new Donegal Group Class A positions in Q3 2017 and 10 closed out, a net change of -8 holders.
- The largest Donegal Group Class A buyer in Q3 2017 was Old Republic International (ORI), an estimated $3.74M added.
- The largest Donegal Group Class A seller in Q3 2017 was Heartland Advisors, an estimated $2.92M sold.
Based on aggregated 13F filings for Q3 2017.