Donegal Group Class B
DGICB
12 hedge funds and large institutions have $5.7M invested in Donegal Group Class B in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
9% more funds holding
Funds holding: 11 → 12 (+1)
0.09% less ownership
Funds ownership: 7.52% → 7.43% (-0.09%)
10% less capital invested
Capital invested by funds: $6.31M → $5.7M (-$616K)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$267K |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
+$179K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.77K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$14 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$280K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$144K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$57.1K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$35.1K |
| 5 |
Morgan Stanley
New York
|
-$6.67K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Dimensional Fund Advisors
Austin,
Texas
| $2.3M | -$280K | -19,589 | -11% |
|
|
LCM
2
Logan Capital Management
Newtown Square,
Pennsylvania
| $1.88M | – | – | – |
|
|
3
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $455K | -$57.1K | -4,000 | -10% |
|
|
4
Vanguard Group
Malvern,
Pennsylvania
| $290K | -$144K | -10,106 | -32% |
|
|
5
BlackRock
New York
| $249K | +$267K | +18,703 | New |
|
|
MA
6
Minerva Advisors
Bala Cynwyd,
Pennsylvania
| $237K | – | – | – |
|
|
WS
7
Wedbush Securities
Los Angeles,
California
| $167K | +$179K | +12,564 | New |
|
|
CC
8
Cannell Capital
Alta,
Wyoming
| $40.6K | – | – | – |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $38.3K | +$5.77K | +404 | +16% |
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $28K | – | – | – |
|
|
11
Morgan Stanley
New York
| $10.6K | -$6.67K | -467 | -37% |
|
|
12
Wells Fargo
San Francisco,
California
| $94 | +$14 | +1 | +17% |
|
|
13
UBS Group
Zurich,
Switzerland
| – | -$35.1K | -2,337 | Closed |
|
DGICB Hedge Fund Activity: Q2 2023 in Review
12 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class B (DGICB) for Q2 2023, worth a combined $5.7M — down 9.8% from $6.31M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new DGICB positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 4 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $267K. The largest seller was Dimensional Fund Advisors, cutting an estimated $280K.
- 12 institutional investors held Donegal Group Class B (DGICB) as of Q2 2023, up from 11 in Q1 2023.
- Funds reported $5.7M of Donegal Group Class B stock for Q2 2023, down 9.8% quarter-over-quarter.
- 2 funds opened new Donegal Group Class B positions in Q2 2023 and 1 closed out, a net change of +1 holder.
- The largest Donegal Group Class B buyer in Q2 2023 was BlackRock, an estimated $267K added.
- The largest Donegal Group Class B seller in Q2 2023 was Dimensional Fund Advisors, an estimated $280K sold.
Based on aggregated 13F filings for Q2 2023.