Donegal Group Class A
DGICA
77 hedge funds and large institutions have $130M invested in Donegal Group Class A in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 19 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
53% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 19
10% more funds holding
Funds holding: 70 → 77 (+7)
0.41% more ownership
Funds ownership: 38.2% → 38.61% (+0.41%)
3% less capital invested
Capital invested by funds: $134M → $130M (-$3.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.51M |
| 2 |
Renaissance Technologies
New York
|
+$1.04M |
| 3 |
BlackRock
New York
|
+$687K |
| 4 |
Goldman Sachs
New York
|
+$518K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$475K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
-$2.27M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$2.2M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$398K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$230K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$141K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Federated Hermes
Pittsburgh,
Pennsylvania
| $1K | +$524 | +36 | New |
|
|
BTS
77
BB&T Securities
Richmond,
Virginia
| – | -$398K | -26,051 | Closed |
|
78
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$65K | -4,243 | Closed |
|
|
PCP
79
Proficio Capital Partners
Newton,
Massachusetts
| – | -$1K | -80 | Closed |
|
80
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$145 | +10 | New |
|
DGICA Hedge Fund Activity: Q3 2019 in Review
77 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q3 2019, worth a combined $130M — down 2.6% from $134M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DGICA positions and 4 closed out — a net gain of 7 holders — while 29 added to existing stakes and 19 trimmed.
The largest buyer was Bridgeway Capital Management, adding an estimated $1.51M. The largest seller was Philadelphia Trust Company, cutting an estimated $2.27M.
- 77 institutional investors held Donegal Group Class A (DGICA) as of Q3 2019, up from 70 in Q2 2019.
- Funds reported $130M of Donegal Group Class A stock for Q3 2019, down 2.6% quarter-over-quarter.
- 11 funds opened new Donegal Group Class A positions in Q3 2019 and 4 closed out, a net change of +7 holders.
- The largest Donegal Group Class A buyer in Q3 2019 was Bridgeway Capital Management, an estimated $1.51M added.
- The largest Donegal Group Class A seller in Q3 2019 was Philadelphia Trust Company, an estimated $2.27M sold.
Based on aggregated 13F filings for Q3 2019.