DGICA · Donegal Group Inc

$19.24 +0.26 (+1.37%) At close · Aug 28

Russell 2000 member Rebalance outlook locked

Market Cap

$714.17M

37.12M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Quarter:

Holders: 153

Total Value: $265,032,727

Total Shares: 13,989,132

Showing 1–100 of 162 holdings by value · page 1 of 2

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 153 13F filers · Δ vs Mar 31, 2026

Top Holder

15.4%

+1.4 pts

Top 5

42.9%

+1.7 pts

Top 10

56.5%

+1.3 pts

HHI

586

Broadly held+39

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -6

Institutional value: +13.7%

Shares held: +3.2%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega BlackRock, Inc.	+262,498	2,169,284
Mid CSM Advisors, LLC	+110,960	289,040
Mega GOLDMAN SACHS GROUP INC	+101,346	259,723
Mega AMERICAN CENTURY COMPANIES INC	+73,902	469,881
Mega DIMENSIONAL FUND ADVISORS LP	+71,847	1,973,981

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega Qube Research & Technologies Ltd	−98,247	143,443
Mega MILLENNIUM MANAGEMENT LLC	−77,375	105,245
Mega UBS Group AG	−64,081	46,045
Large RENAISSANCE TECHNOLOGIES LLC	−32,800	359,911
Large JACOBS LEVY EQUITY MANAGEMENT, INC	−29,132	100,095

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Mega D. E. Shaw & Co., Inc.	75,242	$1,419,064
Mega NORGES BANK	61,000	$1,150,460
Mega VICTORY CAPITAL MANAGEMENT INC	58,000	$1,093,880
Mid Numerai GP LLC	47,915	$903,676
Large PANAGORA ASSET MANAGEMENT INC	30,411	$573,551

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Large ProShare Advisors LLC	356,309	$6,121,388
Large ACADIAN ASSET MANAGEMENT LLC	48,831	$838,916
Mega JANE STREET GROUP, LLC	34,868	$599,032
Large STATE OF WISCONSIN INVESTMENT BOARD	25,169	$432,403
Small State of Wyoming	17,896	$307,453

Filter: New 19 Increased 69 Reduced 36 Sold out 25 Unchanged 29

Showing 100 of 162

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

BlackRock, Inc.

$40,912,691

15.44%

2,169,284

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	89,782	$1,693,288	4.1%	Sole
BlackRock Asset Management Canada Ltd	196	$3,696	0.0%	Sole
BlackRock Investment Management, LLC	83,994	$1,584,126	3.9%	Sole
BLACKROCK ADVISORS LLC	174,481	$3,290,711	8.0%	Sole
BlackRock Fund Advisors	917,519	$17,304,408	42.3%	Sole
BlackRock Institutional Trust Company, N.A.	703,914	$13,275,818	32.4%	Sole
BlackRock Fund Managers Ltd.	6,094	$114,932	0.3%	Sole
BlackRock Asset Management Ireland Ltd	2,270	$42,812	0.1%	Sole
BlackRock Asset Management Schweiz AG	640	$12,070	0.0%	Sole
Aperio Group, LLC	190,374	$3,590,453	8.8%	Sole
SpiderRock Advisors, LLC	20	$377	0.0%	Sole

DIMENSIONAL FUND ADVISORS LP

$34,120,850

12.87%

1,809,165

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Dimensional Fund Advisors Ltd.	2,571	$48,489	0.1%	Defined
DFA Australia Ltd.	11,821	$222,944	0.7%	Defined
Dimensional Ireland Ltd	57,643	$1,087,146	3.2%	Defined
Held directly	1,737,130	$32,762,271	96.0%	Sole

VANGUARD CAPITAL MANAGEMENT LLC

$13,328,475

5.03%

706,706

GEODE CAPITAL MANAGEMENT, LLC

$11,250,856

4.25%

596,546

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	64,967	$1,225,277	10.9%	Defined
Held directly	531,579	$10,025,579	89.1%	Defined

AMERICAN CENTURY COMPANIES INC

$8,861,955

3.34%

469,881

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
AMERICAN CENTURY INVESTMENT MANAGEMENT INC	469,881	$8,861,955	100.0%	Defined

OLD REPUBLIC INTERNATIONAL CORP

$8,024,930

3.03%

425,500

STATE STREET CORP

$7,668,532

2.89%

406,603

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS EUROPE LIMITED joint	406,603	$7,668,532	100.0%	Defined

RENAISSANCE TECHNOLOGIES LLC

$6,787,921

2.56%

359,911

MORGAN STANLEY

$6,236,621

2.35%

330,680

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO. LLC	68,288	$1,287,911	20.7%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	89,538	$1,688,686	27.1%	Defined
MORGAN STANLEY SMITH BARNEY LLC	8,939	$168,588	2.7%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	163,915	$3,091,436	49.6%	Defined

Connor, Clark & Lunn Investment Management Ltd.

$6,078,350

2.29%

322,288

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	219,566	$4,141,014	68.1%	Sole
Held directly	102,722	$1,937,336	31.9%	Sole

CSM Advisors, LLC

$5,451,294

2.06%

289,040

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$5,037,015

1.90%

267,074

GOLDMAN SACHS GROUP INC

$4,898,375

1.85%

259,723

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	148,946	$2,809,121	57.3%	Defined
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	110,777	$2,089,254	42.7%	Defined

CALDWELL SUTTER CAPITAL, INC.

$4,270,639

1.61%

226,439

LOGAN CAPITAL MANAGEMENT INC

$4,219,038

1.59%

223,703

PHILADELPHIA TRUST CO

$4,218,039

1.59%

223,650

WELLS FARGO & COMPANY/MN

$4,110,385

1.55%

217,942

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	14,474	$272,979	6.6%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	3,155	$59,503	1.4%	Defined
WELLS FARGO CLEARING SERVICES, LLC	200,313	$3,777,903	91.9%	Defined

ROYCE & ASSOCIATES LP

$3,945,191

1.49%

209,183

TWO SIGMA INVESTMENTS, LP

$3,719,814

1.40%

197,233

DIMENSIONAL FUND ADVISORS LP DGICB

$3,589,692

1.35%

164,816

AQR CAPITAL MANAGEMENT LLC

$3,214,024

1.21%

170,415

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Petros Family Wealth, LLC	31	$584	0.0%	Other
Prism Planning Partners LLC	25	$471	0.0%	Other
Compound Planning, Inc.	7	$132	0.0%	Other
Arax Advisory Partners	1,187	$22,386	0.7%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	1,390	$26,215	0.8%	Other
Stokes Family Office, LLC	47	$886	0.0%	Other
Held directly	167,728	$3,163,350	98.4%	Defined

NORTHERN TRUST CORP

$3,201,182

1.21%

169,734

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	152,726	$2,880,412	90.0%	Defined
NORTHERN TRUST GLOBAL INVESTMENTS LTD	14,283	$269,377	8.4%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	2,725	$51,393	1.6%	Other

Bank of New York Mellon Corp

$3,160,745

1.19%

167,590

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Investments Corporation	140,431	$2,648,528	83.8%	Defined
The Bank of New York Mellon	26,508	$499,940	15.8%	Defined
BNY Mellon, NA joint	650	$12,259	0.4%	Defined
Held directly	1	$18	0.0%	Defined

VANGUARD PORTFOLIO MANAGEMENT LLC

$3,150,487

1.19%

167,046

Creative Planning

$3,014,959

1.14%

159,860

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CREATIVE PLANNING TRUST Co LLC	2,814	$53,072	1.8%	Defined
Held directly	157,046	$2,961,887	98.2%	Sole

LOGAN CAPITAL MANAGEMENT INC DGICB

$2,944,329

1.11%

135,185

Qube Research & Technologies Ltd

$2,705,334

1.02%

143,443

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$2,685,928

1.01%

142,414

BRIDGEWAY CAPITAL MANAGEMENT, LLC

$2,579,689

0.97%

136,781

VANGUARD FIDUCIARY TRUST CO

$2,144,174

0.81%

113,689

TEACHER RETIREMENT SYSTEM OF TEXAS

$2,114,451

0.80%

112,113

CITADEL ADVISORS LLC

$2,087,877

0.79%

110,704

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	50,149	$945,810	45.3%	Defined
Held directly	60,555	$1,142,067	54.7%	Defined

MILLENNIUM MANAGEMENT LLC

$1,984,920

0.75%

105,245

RAYMOND JAMES FINANCIAL INC

$1,898,032

0.72%

100,638

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	100,135	$1,888,546	99.5%	Defined
Raymond James Financial Services Advisors, Inc.	503	$9,486	0.5%	Defined

JACOBS LEVY EQUITY MANAGEMENT, INC

$1,887,791

0.71%

100,095

VANGUARD CAPITAL MANAGEMENT LLC DGICB

$1,759,693

0.66%

80,794

PINNACLE ASSOCIATES LTD

$1,751,603

0.66%

92,874

Empowered Funds, LLC

$1,708,829

0.64%

90,606

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Bridgeway Capital Management, LLC	90,606	$1,708,829	100.0%	Other

Trexquant Investment LP

$1,696,475

0.64%

89,951

CANNELL CAPITAL LLC

$1,564,229

0.59%

82,939

D. E. Shaw & Co., Inc.

$1,419,064

0.54%

75,242

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
D. E. SHAW & CO, L.P.	75,242	$1,419,064	100.0%	Defined

BANK OF AMERICA CORP /DE/

$1,348,508

0.51%

71,501

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	71,501	$1,348,508	100.0%	Defined

Quantinno Capital Management LP

$1,191,555

0.45%

63,179

NORGES BANK

$1,150,460

0.43%

61,000

VICTORY CAPITAL MANAGEMENT INC

$1,093,880

0.41%

58,000

FRANKLIN RESOURCES INC

$1,085,600

0.41%

57,561

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Brandywine Global Investment Management, LLC	56,700	$1,069,362	98.5%	Defined
FRANKLIN ADVISORY SERVICES LLC	861	$16,238	1.5%	Defined

FIRST TRUST ADVISORS LP

$1,065,948

0.40%

56,519

Numerai GP LLC

$903,676

0.34%

47,915

Campbell & CO Investment Adviser LLC

$882,025

0.33%

46,767

Minerva Advisors LLC

$876,801

0.33%

46,490

UBS Group AG

$868,408

0.33%

46,045

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	17,104	$322,581	37.1%	Defined
UBS AG	28,606	$539,509	62.1%	Defined
UBS Securities LLC	335	$6,318	0.7%	Defined

MML INVESTORS SERVICES, LLC

$857,054

0.32%

45,443

Empirical Financial Services, LLC d.b.a. Empirical Wealth Management

$846,342

0.32%

44,875

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Brooklyn Investment Group	1,097	$20,689	2.4%	Other
Held directly	43,778	$825,653	97.6%	Sole

HRT FINANCIAL LP

$794,062

0.30%

42,103

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

$757,567

0.29%

40,168

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Group AG	4,023	$75,873	10.0%	Defined
UBS Asset Management Switzerland AG	36,145	$681,694	90.0%	Sole

BARCLAYS PLC

$756,549

0.29%

40,114

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	39,578	$746,441	98.7%	Defined
BARCLAYS CAPITAL INC.	536	$10,108	1.3%	Defined

Nuveen, LLC

$735,897

0.28%

39,019

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Nuveen Asset Management, LLC joint	21,925	$413,505	56.2%	Defined
TEACHERS ADVISORS, LLC joint	17,094	$322,392	43.8%	Defined

MARTINGALE ASSET MANAGEMENT L P

$718,962

0.27%

38,121

Swiss National Bank

$654,442

0.25%

34,700

AMERIPRISE FINANCIAL INC

$647,633

0.24%

34,339

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Columbia Management Investment Advisers, LLC	34,039	$641,975	99.1%	Defined
Ameriprise Financial Services, LLC	300	$5,658	0.9%	Defined

PANAGORA ASSET MANAGEMENT INC

$573,551

0.22%

30,411

Invesco Ltd.

$562,970

0.21%

29,850

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Invesco Advisers, Inc. joint	2,445	$46,112	8.2%	Defined
Invesco Trust Co joint	6,850	$129,191	22.9%	Defined
Invesco Capital Management LLC	20,555	$387,667	68.9%	Defined

ALLIANCEBERNSTEIN L.P.

$468,557

0.18%

24,844

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Equitable Holdings, Inc.	24,844	$468,557	100.0%	Defined

ExodusPoint Capital Management, LP

$403,075

0.15%

21,372

RHUMBLINE ADVISERS

$399,643

0.15%

21,190

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC

$395,041

0.15%

20,946

Minerva Advisors LLC DGICB

$388,903

0.15%

17,856

COMMONWEALTH EQUITY SERVICES, LLC

$376,332

0.14%

19,954

PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO

$343,666

0.13%

18,222

VANGUARD ASSET MANAGEMENT, Ltd

$331,106

0.12%

17,556

DEUTSCHE BANK AG\

$329,389

0.12%

17,465

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
DWS INVESTMENT MANAGEMENT AMERICAS, INC	33	$622	0.2%	Defined
DWS Investments UK Ltd	17,432	$328,767	99.8%	Defined

Orion Porfolio Solutions, LLC

$288,803

0.11%

15,313

US BANCORP \DE\

$287,256

0.11%

15,231

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
US BANK NATIONAL ASSOCIATION	15,231	$287,256	100.0%	Defined

Pinnacle Wealth Management Advisory Group, LLC

$285,351

0.11%

15,130

FIDELIS CAPITAL PARTNERS, LLC

$284,936

0.11%

15,108

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM

$278,203

0.10%

14,751

Ancora Advisors LLC

$273,470

0.10%

14,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ANCORA PRIVATE WEALTH ADVISORS, LLC	14,500	$273,470	100.0%	Sole

PRICE T ROWE ASSOCIATES INC /MD/

$272,489

0.10%

14,448

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
T. Rowe Price International Ltd	14,448	$272,489	100.0%	Defined

Russell Investments Group, Ltd.

$254,250

0.10%

13,481

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	13,481	$254,250	100.0%	Defined

MERCER GLOBAL ADVISORS INC /ADV

$251,799

0.10%

13,351

JPMORGAN CHASE & CO

$247,234

0.09%

13,109

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JPMorgan Chase Bank, N.A.	7,165	$135,131	54.7%	Defined
J.P. Morgan Investment Management Inc.	5,944	$112,103	45.3%	Defined

CITIGROUP INC

$245,556

0.09%

13,020

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citibank, N.A. joint	1,291	$24,348	9.9%	Defined
Citigroup Financial Products Inc. joint	11,729	$221,208	90.1%	Defined

HAZLETT, BURT & WATSON, INC.

$243,972

0.09%

12,936

Ascent Group, LLC

$238,879

0.09%

12,666

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
O'Shaughnessy	41	$773	0.3%	Other
Assetmark	4	$75	0.0%	Other
Orion	11,904	$224,509	94.0%	Other
Held directly	717	$13,522	5.7%	Sole

Balyasny Asset Management L.P.

$238,503

0.09%

12,646

Savant Capital, LLC

$235,278

0.09%

12,475

Bleakley Financial Group, LLC

$214,193

0.08%

11,357

Y-Intercept (Hong Kong) Ltd

$212,571

0.08%

11,271

Mariner, LLC

$203,537

0.08%

10,792

Vise Technologies, Inc.

$201,198

0.08%

10,668

MetLife Investment Management, LLC

$197,709

0.07%

10,483

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
METLIFE INC	10,483	$197,709	100.0%	Defined

IAG Wealth Partners, LLC

$186,563

0.07%

9,892

IFP Advisors, Inc

$173,776

0.07%

9,214

Steward Partners Investment Advisory, LLC

$160,310

0.06%

8,500

VIRTUS ADVISERS, LLC

$159,348

0.06%

8,449

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

$150,125

0.06%

7,960

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Global X Management CO LLC joint	7,960	$150,125	100.0%	Defined

Legal & General Group Plc

$147,691

0.06%

7,831

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Legal & General Investment Management America Inc	1,787	$33,702	22.8%	Defined
Legal & General Investment Management Ltd joint	6,044	$113,989	77.2%	Defined

VANGUARD FIDUCIARY TRUST CO DGICB

$110,141

0.04%

5,057

Vanguard Investments Australia, Ltd.

$102,409

0.04%

5,430

PhiloSmith Capital Corp

$97,921

0.04%

5,192

Key facts CIK 800457 CUSIP 257701201 13F (30d) 125 filings 125 filers Visit website Investor relations