Donegal Group Class B
DGICB
13 hedge funds and large institutions have $5.65M invested in Donegal Group Class B in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
8% more funds holding
Funds holding: 12 → 13 (+1)
0.23% less ownership
Funds ownership: 7.43% → 7.2% (-0.23%)
1% less capital invested
Capital invested by funds: $5.7M → $5.65M (-$49.3K)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
+$123K |
| 2 |
CSC
Caldwell Sutter Capital
Sausalito,
California
|
+$37.8K |
| 3 |
SOW
State of Wyoming
Cheyenne,
Wyoming
|
+$1.14K |
| 4 |
JP Morgan Chase
New York
|
+$14 |
| 5 |
Wells Fargo
San Francisco,
California
|
+$14 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$249K |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$40.6K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$24.8K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.72K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$6.94K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Dimensional Fund Advisors
Austin,
Texas
| $2.35M | – | – | – |
|
|
LCM
2
Logan Capital Management
Newtown Square,
Pennsylvania
| $1.92M | – | – | – |
|
|
3
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $462K | -$6.94K | -500 | -1% |
|
|
WS
4
Wedbush Securities
Los Angeles,
California
| $293K | +$123K | +8,854 | +70% |
|
|
5
Vanguard Group
Malvern,
Pennsylvania
| $290K | -$8.72K | -628 | -3% |
|
|
MA
6
Minerva Advisors
Bala Cynwyd,
Pennsylvania
| $245K | – | – | – |
|
|
CSC
7
Caldwell Sutter Capital
Sausalito,
California
| $37.3K | +$37.8K | +2,719 | New |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $28K | – | – | – |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $15K | -$24.8K | -1,786 | -62% |
|
10
Morgan Stanley
New York
| $10.9K | – | – | – |
|
|
SOW
11
State of Wyoming
Cheyenne,
Wyoming
| $1.16K | +$1.14K | +82 | New |
|
|
12
Wells Fargo
San Francisco,
California
| $110 | +$14 | +1 | +14% |
|
|
13
JP Morgan Chase
New York
| $14 | +$14 | +1 | New |
|
|
14
BlackRock
New York
| – | -$249K | -18,703 | Closed |
|
|
CC
15
Cannell Capital
Alta,
Wyoming
| – | -$40.6K | -3,000 | Closed |
|
DGICB Hedge Fund Activity: Q3 2023 in Review
13 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Donegal Group Class B (DGICB) for Q3 2023, worth a combined $5.65M — down 0.87% from $5.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new DGICB positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Wedbush Securities, adding an estimated $123K. The largest seller was BlackRock, exiting entirely with an estimated $249K sold.
- 13 institutional investors held Donegal Group Class B (DGICB) as of Q3 2023, up from 12 in Q2 2023.
- Funds reported $5.65M of Donegal Group Class B stock for Q3 2023, down 0.87% quarter-over-quarter.
- 3 funds opened new Donegal Group Class B positions in Q3 2023 and 2 closed out, a net change of +1 holder.
- The largest Donegal Group Class B buyer in Q3 2023 was Wedbush Securities, an estimated $123K added.
- The largest Donegal Group Class B seller in Q3 2023 was BlackRock, an estimated $249K sold.
Based on aggregated 13F filings for Q3 2023.