Donegal Group Class A
DGICA
80 hedge funds and large institutions have $151M invested in Donegal Group Class A in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 14 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
107% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 14
17% more capital invested
Capital invested by funds: $130M → $151M (+$22M)
14% more funds holding
Funds holding: 70 → 80 (+10)
3.16% more ownership
Funds ownership: 36.92% → 40.07% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.35M |
| 2 |
Renaissance Technologies
New York
|
+$1.3M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$996K |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$931K |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$894K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Menta Capital
San Francisco,
California
|
-$546K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$342K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$224K |
| 4 |
Bank of New York Mellon
New York
|
-$213K |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$187K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
UBS Group
Zurich,
Switzerland
| $7K | -$19.8K | -1,162 | -73% |
|
|
DA
77
Denali Advisors
San Diego,
California
| $5K | – | – | – |
|
|
LTFS
78
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | +$34 | +2 | +1% |
|
|
DCM
79
Delpha Capital Management
New York
| $2K | +$2.17K | +127 | New |
|
80
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
MC
81
Menta Capital
San Francisco,
California
| – | -$546K | -33,837 | Closed |
|
|
RJFSA
82
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$342K | -21,229 | Closed |
|
|
NFA
83
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$187K | -11,596 | Closed |
|
84
RhumbLine Advisers
Boston,
Massachusetts
| – | -$173K | -10,734 | Closed |
|
|
CG
85
Cutler Group
San Francisco,
California
| – | -$3K | -200 | Closed |
|
DGICA Hedge Fund Activity: Q4 2017 in Review
80 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q4 2017, worth a combined $151M — up 17% from $130M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new DGICA positions and 5 closed out — a net gain of 10 holders — while 29 added to existing stakes and 14 trimmed.
The largest buyer was Millennium Management, adding an estimated $1.35M. The largest seller was Menta Capital, exiting entirely with an estimated $546K sold.
- 80 institutional investors held Donegal Group Class A (DGICA) as of Q4 2017, up from 70 in Q3 2017.
- Funds reported $151M of Donegal Group Class A stock for Q4 2017, up 17% quarter-over-quarter.
- 15 funds opened new Donegal Group Class A positions in Q4 2017 and 5 closed out, a net change of +10 holders.
- The largest Donegal Group Class A buyer in Q4 2017 was Millennium Management, an estimated $1.35M added.
- The largest Donegal Group Class A seller in Q4 2017 was Menta Capital, an estimated $546K sold.
Based on aggregated 13F filings for Q4 2017.