Donegal Group Class A
DGICA
62 hedge funds and large institutions have $116M invested in Donegal Group Class A in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 8 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
0.32% less ownership
Funds ownership: 38.03% → 37.71% (-0.32%)
2% less capital invested
Capital invested by funds: $118M → $116M (-$2.34M)
3% less funds holding
Funds holding: 64 → 62 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$953K |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$465K |
| 3 |
CAMG
CWA Asset Management Group
Naples,
Florida
|
+$262K |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$146K |
| 5 |
Renaissance Technologies
New York
|
+$78.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$542K |
| 2 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
-$426K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$309K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$279K |
| 5 |
NGA
Naples Global Advisors
Naples,
Florida
|
-$255K |
DGICA Hedge Fund Activity: Q1 2019 in Review
62 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q1 2019, worth a combined $116M — down 2% from $118M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DGICA and 6 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 22 added.
The largest buyer was Kennedy Capital Management, adding an estimated $953K. The largest seller was Russell Investments Group, cutting an estimated $542K.
- 62 institutional investors held Donegal Group Class A (DGICA) as of Q1 2019, down from 64 in Q4 2018.
- Funds reported $116M of Donegal Group Class A stock for Q1 2019, down 2% quarter-over-quarter.
- 6 funds opened new Donegal Group Class A positions in Q1 2019 and 8 closed out, a net change of -2 holders.
- The largest Donegal Group Class A buyer in Q1 2019 was Kennedy Capital Management, an estimated $953K added.
- The largest Donegal Group Class A seller in Q1 2019 was Russell Investments Group, an estimated $542K sold.
Based on aggregated 13F filings for Q1 2019.