Donegal Group Class A
DGICA
70 hedge funds and large institutions have $134M invested in Donegal Group Class A in 2019 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 13 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
131% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 13
15% more capital invested
Capital invested by funds: $116M → $134M (+$17.7M)
13% more funds holding
Funds holding: 62 → 70 (+8)
0.49% more ownership
Funds ownership: 37.71% → 38.2% (+0.49%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$764K |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$752K |
| 3 |
ORIO
Old Republic International (ORI)
Chicago,
Illinois
|
+$679K |
| 4 |
Renaissance Technologies
New York
|
+$435K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$431K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.44M |
| 2 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
-$523K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$243K |
| 4 |
JP Morgan Chase
New York
|
-$150K |
| 5 |
AL
Arnhold LLC
New York
|
-$143K |
DGICA Hedge Fund Activity: Q2 2019 in Review
70 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q2 2019, worth a combined $134M — up 15% from $116M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new DGICA positions and 2 closed out — a net gain of 10 holders — while 30 added to existing stakes and 13 trimmed.
The largest buyer was BlackRock, adding an estimated $764K. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $1.44M.
- 70 institutional investors held Donegal Group Class A (DGICA) as of Q2 2019, up from 62 in Q1 2019.
- Funds reported $134M of Donegal Group Class A stock for Q2 2019, up 15% quarter-over-quarter.
- 12 funds opened new Donegal Group Class A positions in Q2 2019 and 2 closed out, a net change of +10 holders.
- The largest Donegal Group Class A buyer in Q2 2019 was BlackRock, an estimated $764K added.
- The largest Donegal Group Class A seller in Q2 2019 was DePrince Race & Zollo Inc (DRZ), an estimated $1.44M sold.
Based on aggregated 13F filings for Q2 2019.