Donegal Group Class A
DGICA
88 hedge funds and large institutions have $132M invested in Donegal Group Class A in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 7 closing their positions.
167% more call options, than puts
Call options by funds: $8K | Put options by funds: $3K
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
4% more funds holding
Funds holding: 85 → 88 (+3)
1% more capital invested
Capital invested by funds: $131M → $132M (+$1.13M)
0.8% more ownership
Funds ownership: 33.42% → 34.23% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.37M |
| 2 |
BlackRock
New York
|
+$1.37M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$765K |
| 4 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$638K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$480K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$884K |
| 2 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
-$724K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$667K |
| 4 |
Bank of New York Mellon
New York
|
-$534K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$260K |
DGICA Hedge Fund Activity: Q4 2023 in Review
88 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class A (DGICA) for Q4 2023, worth a combined $132M — up 0.86% from $131M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DGICA positions and 7 closed out — a net gain of 3 holders — while 27 added to existing stakes and 28 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.37M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $884K sold.
- 88 institutional investors held Donegal Group Class A (DGICA) as of Q4 2023, up from 85 in Q3 2023.
- Funds reported $132M of Donegal Group Class A stock for Q4 2023, up 0.86% quarter-over-quarter.
- 10 funds opened new Donegal Group Class A positions in Q4 2023 and 7 closed out, a net change of +3 holders.
- The largest Donegal Group Class A buyer in Q4 2023 was Morgan Stanley, an estimated $2.37M added.
- The largest Donegal Group Class A seller in Q4 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $884K sold.
Based on aggregated 13F filings for Q4 2023.