Who owns Donegal Group (DGICB)
Which tracked institutional funds hold DGICB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DGICB company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on DGICB is one-sided between 2026-Q1 and 2026-Q2: 31 added or opened and 10 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
DGICB’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes DGICB more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DGICB divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 144 tracked filers holding DGICB, 87 increased or opened the position and 66 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in DGICB between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 6
- LOGAN CAPITAL MANAGEMENT INC$7M
- D. E. Shaw & Co., Inc.$1M
- NORGES BANK$1M
- VICTORY CAPITAL MANAGEMENT INC$1M
- Numerai GP LLC$904K
- PANAGORA ASSET MANAGEMENT INC$574K
Full exits 6
- OLD REPUBLIC INTERNATIONAL CORP$7M
- ProShare Advisors LLC$6M
- PHILADELPHIA TRUST CO$4M
- CSM Advisors, LLC$3M
- ACADIAN ASSET MANAGEMENT LLC$837K
- JANE STREET GROUP, LLC$599K
Largest adds
- BlackRock, Inc.$8M
- DIMENSIONAL FUND ADVISORS LP$5M
- GOLDMAN SACHS GROUP INC$2M
- AMERICAN CENTURY COMPANIES INC$2M
- GEODE CAPITAL MANAGEMENT, LLC$2M
- MORGAN STANLEY$1M
Largest trims
- Qube Research & Technologies Ltd$1M
- MILLENNIUM MANAGEMENT LLC$1M
- UBS Group AG$1M
- JACOBS LEVY EQUITY MANAGEMENT, INC$332K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 2,169,284 | $41M | 17.3% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,809,165 | $34M | 14.4% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 706,706 | $13M | 5.6% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 596,546 | $11M | 4.8% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 469,881 | $9M | 3.7% | 2026-Q2 |
| STATE STREET CORP added | 406,603 | $8M | 3.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 359,911 | $7M | 2.9% | 2026-Q2 |
| MORGAN STANLEY added | 330,680 | $6M | 2.6% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 322,288 | $6M | 2.6% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 267,074 | $5M | 2.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 259,723 | $5M | 2.1% | 2026-Q2 |
| CALDWELL SUTTER CAPITAL, INC. added | 226,439 | $4M | 1.8% | 2026-Q2 |
| LOGAN CAPITAL MANAGEMENT INC | 223,703 | $4M | 1.8% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 217,942 | $4M | 1.7% | 2026-Q2 |
| ROYCE & ASSOCIATES LP added | 209,183 | $4M | 1.7% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 197,233 | $4M | 1.6% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 170,415 | $3M | 1.4% | 2026-Q2 |
| NORTHERN TRUST CORP added | 169,734 | $3M | 1.4% | 2026-Q2 |
| Bank of New York Mellon Corp added | 167,590 | $3M | 1.3% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 167,046 | $3M | 1.3% | 2026-Q2 |
| Creative Planning added | 159,860 | $3M | 1.3% | 2026-Q2 |
| Qube Research & Technologies Ltd trimmed | 143,443 | $3M | 1.1% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 142,414 | $3M | 1.1% | 2026-Q2 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 136,781 | $3M | 1.1% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 113,689 | $2M | 0.9% | 2026-Q2 |
| TEACHER RETIREMENT SYSTEM OF TEXAS trimmed | 112,113 | $2M | 0.9% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 110,704 | $2M | 0.9% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 105,245 | $2M | 0.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 100,638 | $2M | 0.8% | 2026-Q2 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 100,095 | $2M | 0.8% | 2026-Q2 |
| PINNACLE ASSOCIATES LTD added | 92,874 | $2M | 0.7% | 2026-Q2 |
| Empowered Funds, LLC | 90,606 | $2M | 0.7% | 2026-Q2 |
| Trexquant Investment LP added | 89,951 | $2M | 0.7% | 2026-Q2 |
| CANNELL CAPITAL LLC | 82,939 | $2M | 0.7% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 75,242 | $1M | 0.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 71,501 | $1M | 0.6% | 2026-Q2 |
| Quantinno Capital Management LP added | 63,179 | $1M | 0.5% | 2026-Q2 |
| NORGES BANK added | 61,000 | $1M | 0.5% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC new | 58,000 | $1M | 0.5% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 57,561 | $1M | 0.5% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 56,519 | $1M | 0.4% | 2026-Q2 |
| Numerai GP LLC new | 47,915 | $904K | 0.4% | 2026-Q2 |
| Campbell & CO Investment Adviser LLC added | 46,767 | $882K | 0.4% | 2026-Q2 |
| Minerva Advisors LLC | 46,490 | $877K | 0.4% | 2026-Q2 |
| UBS Group AG trimmed | 46,045 | $868K | 0.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 45,443 | $857K | 0.4% | 2026-Q2 |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management added | 44,875 | $846K | 0.4% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 40,168 | $758K | 0.3% | 2026-Q2 |
| BARCLAYS PLC trimmed | 40,114 | $757K | 0.3% | 2026-Q2 |
| Nuveen, LLC added | 39,019 | $736K | 0.3% | 2026-Q2 |
| MARTINGALE ASSET MANAGEMENT L P added | 38,121 | $719K | 0.3% | 2026-Q2 |
| Swiss National Bank added | 34,700 | $654K | 0.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 34,339 | $648K | 0.3% | 2026-Q2 |
| PANAGORA ASSET MANAGEMENT INC new | 30,411 | $574K | 0.2% | 2026-Q2 |
| Invesco Ltd. trimmed | 29,850 | $563K | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 24,844 | $427K | 0.2% | 2026-Q2 |
| ExodusPoint Capital Management, LP added | 21,372 | $403K | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 21,190 | $400K | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 20,946 | $395K | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 19,954 | $376K | 0.2% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 18,222 | $344K | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 17,556 | $331K | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 17,465 | $329K | 0.1% | 2026-Q2 |
| Orion Porfolio Solutions, LLC added | 15,313 | $289K | 0.1% | 2026-Q2 |
| US BANCORP \DE\ added | 15,231 | $287K | 0.1% | 2026-Q2 |
| Pinnacle Wealth Management Advisory Group, LLC trimmed | 15,130 | $285K | 0.1% | 2026-Q2 |
| FIDELIS CAPITAL PARTNERS, LLC added | 15,108 | $285K | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 14,751 | $278K | 0.1% | 2026-Q2 |
| Ancora Advisors LLC trimmed | 14,500 | $273K | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 14,448 | $273K | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 13,481 | $254K | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 13,351 | $252K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 13,109 | $247K | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 13,020 | $246K | 0.1% | 2026-Q2 |
| Ascent Group, LLC added | 12,666 | $239K | 0.1% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. new | 12,646 | $239K | 0.1% | 2026-Q2 |
| Savant Capital, LLC added | 12,475 | $235K | 0.1% | 2026-Q2 |
| Lewis Asset Management, LLC added | 11,820 | $257K | 0.1% | 2026-Q2 |
| Bleakley Financial Group, LLC added | 11,357 | $214K | 0.1% | 2026-Q2 |
| Y-Intercept (Hong Kong) Ltd trimmed | 11,271 | $213K | 0.1% | 2026-Q2 |
| Mariner, LLC trimmed | 10,792 | $204K | 0.1% | 2026-Q2 |
| Vise Technologies, Inc. new | 10,668 | $201K | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 10,483 | $198K | 0.1% | 2026-Q2 |
| IAG Wealth Partners, LLC | 9,892 | $187K | 0.1% | 2026-Q2 |
| IFP Advisors, Inc added | 9,214 | $174K | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 8,500 | $160K | 0.1% | 2026-Q2 |
| VIRTUS ADVISERS, LLC added | 8,449 | $159K | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 7,960 | $150K | 0.1% | 2026-Q2 |
| Legal & General Group Plc trimmed | 7,831 | $148K | 0.1% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. | 5,430 | $102K | 0.0% | 2026-Q2 |
| PhiloSmith Capital Corp | 5,192 | $98K | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 4,937 | $93K | 0.0% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey | 4,881 | $92K | 0.0% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND | 4,766 | $90K | 0.0% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 4,456 | $97K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 4,456 | $84K | 0.0% | 2026-Q2 |
| SALEM INVESTMENT COUNSELORS INC | 3,760 | $71K | 0.0% | 2026-Q2 |
| FMR LLC trimmed | 3,731 | $70K | 0.0% | 2026-Q2 |
| KLP KAPITALFORVALTNING AS | 3,700 | $70K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 3,444 | $65K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.