Donegal Group Class A
DGICA
78 hedge funds and large institutions have $134M invested in Donegal Group Class A in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 36 increasing their positions, 20 reducing their positions, and 8 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 20
1.33% more ownership
Funds ownership: 38.97% → 40.3% (+1.3%)
3% less capital invested
Capital invested by funds: $138M → $134M (-$3.51M)
1% less funds holding
Funds holding: 79 → 78 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$1.35M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$1.29M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.18M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
+$752K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$720K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$849K |
| 2 |
AL
Arnhold LLC
New York
|
-$516K |
| 3 |
CAMG
CWA Asset Management Group
Naples,
Florida
|
-$472K |
| 4 |
AM
Atwater Malick
Lancaster,
Pennsylvania
|
-$302K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$294K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Osaic Holdings
Scottsdale,
Arizona
| $3K | +$43 | +3 | +2% |
|
77
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | – | – | – |
|
|
GWS
78
Glassman Wealth Services
Vienna,
Virginia
| $1K | +$556 | +39 | New |
|
|
AL
79
Arnhold LLC
New York
| – | -$516K | -33,932 | Closed |
|
|
AM
80
Atwater Malick
Lancaster,
Pennsylvania
| – | -$302K | -19,876 | Closed |
|
81
Citadel Advisors
Miami,
Florida
| – | -$244K | -16,059 | Closed |
|
|
HW
82
Hancock Whitney
Gulfport,
Mississippi
| – | -$152K | -10,006 | Closed |
|
|
PAM
83
Paradigm Asset Management
New York
| – | -$100K | -6,600 | Closed |
|
84
Victory Capital Management
San Antonio,
Texas
| – | -$64K | -4,274 | Closed |
|
85
Lazard Asset Management
New York
| – | -$12K | -791 | Closed |
|
|
ASN
86
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -56 | Closed |
|
DGICA Hedge Fund Activity: Q2 2020 in Review
78 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q2 2020, worth a combined $134M — down 2.5% from $138M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DGICA and 7 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 36 added.
The largest buyer was Hillsdale Investment Management, adding an estimated $1.35M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $849K.
- 78 institutional investors held Donegal Group Class A (DGICA) as of Q2 2020, down from 79 in Q1 2020.
- Funds reported $134M of Donegal Group Class A stock for Q2 2020, down 2.5% quarter-over-quarter.
- 7 funds opened new Donegal Group Class A positions in Q2 2020 and 8 closed out, a net change of -1 holder.
- The largest Donegal Group Class A buyer in Q2 2020 was Hillsdale Investment Management, an estimated $1.35M added.
- The largest Donegal Group Class A seller in Q2 2020 was DePrince Race & Zollo Inc (DRZ), an estimated $849K sold.
Based on aggregated 13F filings for Q2 2020.