Donegal Group Class A
DGICA
92 hedge funds and large institutions have $125M invested in Donegal Group Class A in 2022 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 37 increasing their positions, 23 reducing their positions, and 15 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 23
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
2% less funds holding
Funds holding: 94 → 92 (-2)
2.32% less ownership
Funds ownership: 37.02% → 34.71% (-2.3%)
23% less capital invested
Capital invested by funds: $163M → $125M (-$37.7M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $10K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.09M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$808K |
| 3 |
BlackRock
New York
|
+$690K |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
+$659K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$579K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.27M |
| 2 |
Renaissance Technologies
New York
|
-$1.99M |
| 3 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
-$1.96M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.09M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Invesco
Atlanta,
Georgia
| – | -$241K | -14,145 | Closed |
|
|
B
102
Bailard
Foster City,
California
| – | -$181K | -10,600 | Closed |
|
103
SG Americas Securities
New York
| – | -$130K | -7,635 | Closed |
|
104
UBS Group
Zurich,
Switzerland
| – | -$13K | -737 | Closed |
|
|
GWM
105
Geneos Wealth Management
Englewood,
Colorado
| – | -$12K | -711 | Closed |
|
106
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$9K | -549 | Closed |
|
|
CG
107
Cutler Group
San Francisco,
California
| – | -$1K | -100 | Closed |
|
DGICA Hedge Fund Activity: Q3 2022 in Review
92 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q3 2022, worth a combined $125M — down 23% from $163M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of DGICA and 14 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 37 added.
The largest buyer was Foundry Partners, adding an estimated $1.09M. The largest seller was Kennedy Capital Management, cutting an estimated $2.27M.
- 92 institutional investors held Donegal Group Class A (DGICA) as of Q3 2022, down from 94 in Q2 2022.
- Funds reported $125M of Donegal Group Class A stock for Q3 2022, down 23% quarter-over-quarter.
- 14 funds opened new Donegal Group Class A positions in Q3 2022 and 15 closed out, a net change of -1 holder.
- The largest Donegal Group Class A buyer in Q3 2022 was Foundry Partners, an estimated $1.09M added.
- The largest Donegal Group Class A seller in Q3 2022 was Kennedy Capital Management, an estimated $2.27M sold.
Based on aggregated 13F filings for Q3 2022.