Donegal Group Class A
DGICA
78 hedge funds and large institutions have $134M invested in Donegal Group Class A in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 31 increasing their positions, 25 reducing their positions, and 9 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 25
1% less capital invested
Capital invested by funds: $135M → $134M (-$893K)
1.36% less ownership
Funds ownership: 40.68% → 39.31% (-1.4%)
7% less funds holding
Funds holding: 84 → 78 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.38M |
| 2 |
Bank of New York Mellon
New York
|
+$944K |
| 3 |
Millennium Management
New York
|
+$424K |
| 4 |
JP Morgan Chase
New York
|
+$424K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$351K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.52M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$791K |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$518K |
| 4 |
Renaissance Technologies
New York
|
-$492K |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$467K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | – | – | – |
|
|
GWS
77
Glassman Wealth Services
Vienna,
Virginia
| $1K | – | – | – |
|
|
AIG
78
American International Group
New York
| $92 | +$273 | +19 | +0.3% |
|
|
HIM
79
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$1.52M | -108,000 | Closed |
|
|
80
Assenagon Asset Management
Senningerberg,
Luxembourg
| – | -$467K | -33,177 | Closed |
|
|
WS
81
Wedbush Securities
Los Angeles,
California
| – | -$346K | -24,558 | Closed |
|
|
BPM
82
Bowling Portfolio Management
Cincinnati,
Ohio
| – | -$250K | -17,780 | Closed |
|
83
Ameriprise
Minneapolis,
Minnesota
| – | -$165K | -11,695 | Closed |
|
|
MSL
84
Mackay Shields LLC
New York
| – | -$145K | -10,300 | Closed |
|
85
Lazard Asset Management
New York
| – | -$25K | -1,800 | Closed |
|
|
CAM
86
ClariVest Asset Management
San Diego,
California
| – | -$9K | -643 | Closed |
|
|
ASN
87
Advisory Services Network
Atlanta,
Georgia
| – | -$1.21K | -84 | Closed |
|
DGICA Hedge Fund Activity: Q4 2020 in Review
78 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q4 2020, worth a combined $134M — down 0.66% from $135M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DGICA and 3 opened new positions — a net loss of 6 holders — while 25 trimmed existing stakes and 31 added.
The largest buyer was Vanguard Group, adding an estimated $2.38M. The largest seller was Hillsdale Investment Management, exiting entirely with an estimated $1.52M sold.
- 78 institutional investors held Donegal Group Class A (DGICA) as of Q4 2020, down from 84 in Q3 2020.
- Funds reported $134M of Donegal Group Class A stock for Q4 2020, down 0.66% quarter-over-quarter.
- 3 funds opened new Donegal Group Class A positions in Q4 2020 and 9 closed out, a net change of -6 holders.
- The largest Donegal Group Class A buyer in Q4 2020 was Vanguard Group, an estimated $2.38M added.
- The largest Donegal Group Class A seller in Q4 2020 was Hillsdale Investment Management, an estimated $1.52M sold.
Based on aggregated 13F filings for Q4 2020.