Donegal Group Class A
DGICA
64 hedge funds and large institutions have $118M invested in Donegal Group Class A in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 10 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
1.12% less ownership
Funds ownership: 39.15% → 38.03% (-1.1%)
6% less capital invested
Capital invested by funds: $126M → $118M (-$8.14M)
9% less funds holding
Funds holding: 70 → 64 (-6)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$1.19M |
| 2 |
CAMG
CWA Asset Management Group
Naples,
Florida
|
+$360K |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$286K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$262K |
| 5 |
BlackRock
New York
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
-$1.94M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
-$1.05M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$859K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$500K |
| 5 |
GC
Globeflex Capital
San Diego,
California
|
-$415K |
DGICA Hedge Fund Activity: Q4 2018 in Review
64 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q4 2018, worth a combined $118M — down 6.4% from $126M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DGICA and 4 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 24 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $1.19M. The largest seller was Philadelphia Trust Company, cutting an estimated $1.94M.
- 64 institutional investors held Donegal Group Class A (DGICA) as of Q4 2018, down from 70 in Q3 2018.
- Funds reported $118M of Donegal Group Class A stock for Q4 2018, down 6.4% quarter-over-quarter.
- 4 funds opened new Donegal Group Class A positions in Q4 2018 and 10 closed out, a net change of -6 holders.
- The largest Donegal Group Class A buyer in Q4 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $1.19M added.
- The largest Donegal Group Class A seller in Q4 2018 was Philadelphia Trust Company, an estimated $1.94M sold.
Based on aggregated 13F filings for Q4 2018.