Donegal Group Class A
DGICA
156 hedge funds and large institutions have $222M invested in Donegal Group Class A in 2026 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 41 increasing their positions, 56 reducing their positions, and 20 closing their positions.
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
2% more funds holding
Funds holding: 153 → 156 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.45% less ownership
Funds ownership: 42.56% → 41.11% (-1.5%)
16% less capital invested
Capital invested by funds: $264M → $222M (-$42.1M)
27% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 56
100% less call options, than puts
Call options by funds: $3K | Put options by funds: $3.84M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.12M |
| 2 |
Millennium Management
New York
|
+$1.94M |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$1.65M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$1.52M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$4.07M |
| 2 |
LCM
Logan Capital Management
Newtown Square,
Pennsylvania
|
-$4.06M |
| 3 |
BlackRock
New York
|
-$1.91M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.68M |
| 5 |
Goldman Sachs
New York
|
-$1.41M |
DGICA Hedge Fund Activity: Q1 2026 in Review
156 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q1 2026, worth a combined $222M — down 16% from $264M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new DGICA positions and 20 closed out — a net gain of 6 holders — while 41 added to existing stakes and 56 trimmed.
The largest buyer was Qube Research & Technologies (QRT), adding an estimated $2.12M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $4.07M sold.
- 156 institutional investors held Donegal Group Class A (DGICA) as of Q1 2026, up from 153 in Q4 2025.
- Funds reported $222M of Donegal Group Class A stock for Q1 2026, down 16% quarter-over-quarter.
- 26 funds opened new Donegal Group Class A positions in Q1 2026 and 20 closed out, a net change of +6 holders.
- The largest Donegal Group Class A buyer in Q1 2026 was Qube Research & Technologies (QRT), an estimated $2.12M added.
- The largest Donegal Group Class A seller in Q1 2026 was Kennedy Capital Management, an estimated $4.07M sold.
Based on aggregated 13F filings for Q1 2026.