Donegal Group Class A
DGICA
75 hedge funds and large institutions have $133M invested in Donegal Group Class A in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 8 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
2% more capital invested
Capital invested by funds: $130M → $133M (+$2.51M)
0.14% more ownership
Funds ownership: 38.61% → 38.74% (+0.14%)
3% less funds holding
Funds holding: 77 → 75 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$519K |
| 2 |
Bank of New York Mellon
New York
|
+$481K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$409K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$388K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$390K |
| 2 |
Goldman Sachs
New York
|
-$321K |
| 3 |
WG
Winton Group
London,
United Kingdom
|
-$272K |
| 4 |
CAMG
CWA Asset Management Group
Naples,
Florida
|
-$203K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$186K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Allianz Asset Management
Munich,
Germany
| – | -$160K | -10,925 | Closed |
|
77
Los Angeles Capital Management
Los Angeles,
California
| – | -$158K | -10,760 | Closed |
|
|
ST
78
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$44K | -3,000 | Closed |
|
79
Victory Capital Management
San Antonio,
Texas
| – | -$32K | -2,205 | Closed |
|
|
TSW
80
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$21K | -1,400 | Closed |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| – | -$7K | -453 | Closed |
|
|
QT
82
Quantamental Technologies
White Plains,
New York
| – | -$3K | -200 | Closed |
|
DGICA Hedge Fund Activity: Q4 2019 in Review
75 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q4 2019, worth a combined $133M — up 1.9% from $130M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DGICA and 6 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 25 added.
The largest buyer was State Street, adding an estimated $519K. The largest seller was Millennium Management, exiting entirely with an estimated $390K sold.
- 75 institutional investors held Donegal Group Class A (DGICA) as of Q4 2019, down from 77 in Q3 2019.
- Funds reported $133M of Donegal Group Class A stock for Q4 2019, up 1.9% quarter-over-quarter.
- 6 funds opened new Donegal Group Class A positions in Q4 2019 and 8 closed out, a net change of -2 holders.
- The largest Donegal Group Class A buyer in Q4 2019 was State Street, an estimated $519K added.
- The largest Donegal Group Class A seller in Q4 2019 was Millennium Management, an estimated $390K sold.
Based on aggregated 13F filings for Q4 2019.