Donegal Group Class A
DGICA
74 hedge funds and large institutions have $139M invested in Donegal Group Class A in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 11 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
1.13% less ownership
Funds ownership: 40.07% → 38.94% (-1.1%)
8% less funds holding
Funds holding: 80 → 74 (-6)
8% less capital invested
Capital invested by funds: $151M → $139M (-$12.3M)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$1.27M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$798K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$652K |
| 4 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
+$520K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$493K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.01M |
| 2 |
First Eagle Investment Management
New York
|
-$983K |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$945K |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$907K |
| 5 |
Millennium Management
New York
|
-$875K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
First Eagle Investment Management
New York
| – | -$983K | -56,820 | Closed |
|
|
PI
77
Putnam Investments
Boston,
Massachusetts
| – | -$945K | -54,600 | Closed |
|
|
CAM
78
ClariVest Asset Management
San Diego,
California
| – | -$907K | -52,400 | Closed |
|
|
B
79
Bailard
Foster City,
California
| – | -$334K | -19,300 | Closed |
|
|
TI
80
Trexquant Investment
Stamford,
Connecticut
| – | -$332K | -19,162 | Closed |
|
81
Acadian Asset Management
Boston,
Massachusetts
| – | -$146K | -8,417 | Closed |
|
82
Parallax Volatility Advisers
San Francisco,
California
| – | -$27K | -1,554 | Closed |
|
83
UBS Group
Zurich,
Switzerland
| – | -$7K | -419 | Closed |
|
|
DCM
84
Delpha Capital Management
New York
| – | -$2K | -127 | Closed |
|
85
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -47 | Closed |
|
DGICA Hedge Fund Activity: Q1 2018 in Review
74 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q1 2018, worth a combined $139M — down 8.1% from $151M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of DGICA and 5 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 26 added.
The largest buyer was Allianz Asset Management, adding an estimated $1.27M. The largest seller was Hillsdale Investment Management, exiting entirely with an estimated $1.01M sold.
- 74 institutional investors held Donegal Group Class A (DGICA) as of Q1 2018, down from 80 in Q4 2017.
- Funds reported $139M of Donegal Group Class A stock for Q1 2018, down 8.1% quarter-over-quarter.
- 5 funds opened new Donegal Group Class A positions in Q1 2018 and 11 closed out, a net change of -6 holders.
- The largest Donegal Group Class A buyer in Q1 2018 was Allianz Asset Management, an estimated $1.27M added.
- The largest Donegal Group Class A seller in Q1 2018 was Hillsdale Investment Management, an estimated $1.01M sold.
Based on aggregated 13F filings for Q1 2018.