DGICA — DONEGAL GROUP INC
Reported value held$134.29M
Funds holding (latest)35
SectorFinancials
Funds holding (Q2 2026)29
Institutional value$110.96M · 5.90M sh
New / Add / Cut / Exit4 / 16 / 9 / 1
Top-5 / Top-10 concentration63.3% / 81.2%
Institutional holdings change
Accumulating +9.7%
(+520.79K sh)
Institutional value change
Up +20.4%
As of Q2 2026, 29 SEC-registered investment managers reported holding DGICA (DONEGAL GROUP INC) in their latest 13F filings, with a combined reported value of $110.96M across 5.90M shares. That is +9.7% by share count (+520.79K shares) versus the previous quarter, while reported value moved +20.4%. Ownership is concentrated: the five largest holders account for 63.3% of reported value and the top ten for 81.2%.
Compared with the prior quarter, 4 opened new positions, 16 added to existing stakes, 9 trimmed, 1 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.
DGICA is classified in the Financials sector.
All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.
Q2 2026 — 29 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 2.17M | $40.91M | 0.00% | Add |
| Geode Capital Management history | 596.55K | $11.25M | 0.00% | Add |
| Renaissance Technologies history | 359.91K | $6.79M | 0.01% | Reduce |
| Morgan Stanley history | 330.68K | $6.24M | 0.00% | Add |
| Arrowstreet Capital history | 267.07K | $5.04M | 0.00% | Reduce |
| Goldman Sachs Group history | 259.72K | $4.90M | 0.00% | Add |
| Wells Fargo & Co history | 217.94K | $4.11M | 0.00% | Add |
| Royce & Associates history | 209.18K | $3.95M | 0.03% | Add |
| Two Sigma Investments history | 197.23K | $3.72M | 0.00% | Add |
| AQR Capital Management history | 170.41K | $3.21M | 0.00% | Reduce |
| Northern Trust Corp history | 169.73K | $3.20M | 0.00% | Add |
| BNY Mellon history | 167.59K | $3.16M | 0.00% | Add |
| Charles Schwab Investment Management history | 142.41K | $2.69M | 0.00% | Add |
| Citadel Advisors history | 110.70K | $2.09M | 0.00% | Add |
| Millennium Management history | 105.25K | $1.98M | 0.00% | Reduce |
| D. E. Shaw & Co history | 75.24K | $1.42M | 0.00% | New |
| Bank of America Corp history | 71.50K | $1.35M | 0.00% | Reduce |
| Norges Bank Investment Management history | 61.00K | $1.15M | 0.00% | New |
| Franklin Resources history | 57.56K | $1.09M | 0.00% | Add |
| UBS Group AG history | 46.05K | $868.41K | 0.00% | Reduce |
| Invesco Ltd history | 29.85K | $562.97K | 0.00% | Reduce |
| Deutsche Bank AG history | 17.46K | $329.39K | 0.00% | Add |
| JPMorgan Chase & Co history | 13.11K | $246.84K | 0.00% | New |
| Citigroup Inc history | 13.02K | $245.56K | 0.00% | Add |
| Balyasny Asset Management history | 12.65K | $238.50K | 0.00% | New |
| Legal & General Investment Management America history | 7.83K | $147.69K | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 3.73K | $70.36K | 0.00% | Reduce |
| PNC Financial Services history | 506 | $9.54K | 0.00% | Add |
| T. Rowe Price Associates history | 14.45K | $273 | 0.00% | Add |
Q1 2026 — 26 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 1.91M | $32.76M | 0.00% | Reduce |
| Geode Capital Management history | 555.95K | $9.55M | 0.00% | Add |
| Renaissance Technologies history | 392.71K | $6.75M | 0.01% | Add |
| Morgan Stanley history | 281.72K | $4.84M | 0.00% | Add |
| Arrowstreet Capital history | 276.24K | $4.75M | 0.00% | Add |
| Wells Fargo & Co history | 209.97K | $3.61M | 0.00% | Reduce |
| Royce & Associates history | 197.97K | $3.40M | 0.03% | Add |
| Millennium Management history | 182.62K | $3.14M | 0.00% | Add |
| Two Sigma Investments history | 177.64K | $3.05M | 0.00% | Add |
| AQR Capital Management history | 172.14K | $2.96M | 0.00% | Reduce |
| BNY Mellon history | 166.62K | $2.86M | 0.00% | Add |
| Northern Trust Corp history | 159.99K | $2.75M | 0.00% | Add |
| Goldman Sachs Group history | 158.38K | $2.72M | 0.00% | Reduce |
| Charles Schwab Investment Management history | 139.52K | $2.40M | 0.00% | Reduce |
| UBS Group AG history | 110.13K | $1.89M | 0.00% | Add |
| Bank of America Corp history | 73.82K | $1.27M | 0.00% | Add |
| Citadel Advisors history | 62.63K | $1.08M | 0.00% | New |
| Franklin Resources history | 55.35K | $950.88K | 0.00% | New |
| Invesco Ltd history | 36.88K | $633.67K | 0.00% | Reduce |
| Deutsche Bank AG history | 15.06K | $258.82K | 0.00% | Add |
| Amundi US history | 12.01K | $206.28K | 0.00% | New |
| Legal & General Investment Management America history | 8.82K | $151.58K | 0.00% | Reduce |
| Citigroup Inc history | 5.51K | $94.68K | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 4.39K | $75.37K | 0.00% | Add |
| PNC Financial Services history | 302 | $5.19K | 0.00% | Add |
| T. Rowe Price Associates history | 13.69K | $236 | 0.00% | Add |
Q4 2025 — 26 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 2.01M | $40.20M | 0.00% | Add |
| Vanguard Group history | 1.02M | $20.44M | 0.00% | Add |
| Geode Capital Management history | 534.70K | $10.69M | 0.00% | Add |
| Renaissance Technologies history | 371.21K | $7.42M | 0.01% | Add |
| Goldman Sachs Group history | 236.12K | $4.72M | 0.00% | Add |
| Morgan Stanley history | 224.93K | $4.49M | 0.00% | Reduce |
| Wells Fargo & Co history | 224.02K | $4.48M | 0.00% | Add |
| AQR Capital Management history | 200.03K | $4.00M | 0.00% | Reduce |
| Arrowstreet Capital history | 195.62K | $3.91M | 0.00% | Add |
| Charles Schwab Investment Management history | 170.35K | $3.40M | 0.00% | Add |
| Royce & Associates history | 169.85K | $3.39M | 0.03% | Add |
| Two Sigma Investments history | 161.12K | $3.22M | 0.01% | Add |
| BNY Mellon history | 157.54K | $3.15M | 0.00% | Add |
| Northern Trust Corp history | 155.38K | $3.10M | 0.00% | Reduce |
| Millennium Management history | 75.72K | $1.51M | 0.00% | Reduce |
| Bank of America Corp history | 71.58K | $1.43M | 0.00% | Add |
| UBS Group AG history | 51.74K | $1.03M | 0.00% | Reduce |
| Invesco Ltd history | 39.23K | $783.74K | 0.00% | Reduce |
| Principal Global Investors history | 34.11K | $681.60K | 0.00% | Add |
| JPMorgan Chase & Co history | 23.17K | $462.96K | 0.00% | Add |
| Deutsche Bank AG history | 14.36K | $286.85K | 0.00% | Hold |
| Legal & General Investment Management America history | 11.52K | $230.21K | 0.00% | Reduce |
| Citigroup Inc history | 11.15K | $222.76K | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 3.22K | $64.29K | 0.00% | Reduce |
| PNC Financial Services history | 101 | $2.02K | 0.00% | Add |
| T. Rowe Price Associates history | 10.14K | $203 | 0.00% | New |
Q3 2025 — 27 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 1.98M | $38.30M | 0.00% | Reduce |
| Vanguard Group history | 1.01M | $19.55M | 0.00% | Add |
| Geode Capital Management history | 522.81K | $10.14M | 0.00% | Add |
| Renaissance Technologies history | 365.41K | $7.09M | 0.01% | Reduce |
| Morgan Stanley history | 231.19K | $4.48M | 0.00% | Reduce |
| Wells Fargo & Co history | 219.88K | $4.26M | 0.00% | Reduce |
| AQR Capital Management history | 203.04K | $3.94M | 0.00% | Add |
| Arrowstreet Capital history | 177.63K | $3.44M | 0.00% | Add |
| Northern Trust Corp history | 168.34K | $3.26M | 0.00% | Add |
| Charles Schwab Investment Management history | 167.07K | $3.24M | 0.00% | Add |
| Two Sigma Investments history | 152.43K | $2.96M | 0.01% | Add |
| Millennium Management history | 135.04K | $2.62M | 0.00% | Add |
| BNY Mellon history | 125.73K | $2.44M | 0.00% | Add |
| Goldman Sachs Group history | 108.65K | $2.11M | 0.00% | Hold |
| UBS Group AG history | 75.50K | $1.46M | 0.00% | Add |
| Bank of America Corp history | 54.97K | $1.07M | 0.00% | Reduce |
| Invesco Ltd history | 39.86K | $772.89K | 0.00% | Reduce |
| Royce & Associates history | 25.00K | $484.75K | 0.01% | New |
| Principal Global Investors history | 23.43K | $454.27K | 0.00% | New |
| JPMorgan Chase & Co history | 22.71K | $440.39K | 0.00% | Add |
| Prudential Financial history | 19.59K | $379.75K | 0.00% | Hold |
| Legal & General Investment Management America history | 15.02K | $291.14K | 0.00% | Hold |
| Citigroup Inc history | 14.68K | $284.72K | 0.00% | Add |
| Deutsche Bank AG history | 14.36K | $278.38K | 0.00% | Hold |
| Franklin Resources history | 11.12K | $215.52K | 0.00% | Add |
| Fidelity Management & Research (FMR) history | 5.24K | $101.52K | 0.00% | Add |
| PNC Financial Services history | 92 | $1.78K | 0.00% | Reduce |
Q2 2025 — 28 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 2.05M | $40.97M | 0.00% | Hold |
| Vanguard Group history | 969.04K | $19.40M | 0.00% | Add |
| Geode Capital Management history | 409.08K | $8.19M | 0.00% | Add |
| Renaissance Technologies history | 379.31K | $7.60M | 0.01% | Hold |
| Morgan Stanley history | 296.33K | $5.93M | 0.00% | Add |
| Wells Fargo & Co history | 227.21K | $4.55M | 0.00% | Add |
| Arrowstreet Capital history | 161.50K | $3.23M | 0.00% | Reduce |
| Northern Trust Corp history | 159.03K | $3.18M | 0.00% | Reduce |
| BNY Mellon history | 114.65K | $2.30M | 0.00% | Reduce |
| Goldman Sachs Group history | 108.79K | $2.18M | 0.00% | Reduce |
| Millennium Management history | 98.18K | $1.97M | 0.00% | Reduce |
| Citadel Advisors history | 90.02K | $1.80M | 0.00% | Add |
| Charles Schwab Investment Management history | 72.69K | $1.46M | 0.00% | Add |
| AQR Capital Management history | 72.06K | $1.44M | 0.00% | Add |
| Bank of America Corp history | 67.13K | $1.34M | 0.00% | Add |
| Two Sigma Investments history | 63.55K | $1.27M | 0.00% | Reduce |
| Norges Bank Investment Management history | 52.60K | $1.05M | 0.00% | New |
| Invesco Ltd history | 42.36K | $848.28K | 0.00% | Add |
| UBS Group AG history | 37.66K | $754.06K | 0.00% | Add |
| D. E. Shaw & Co history | 23.13K | $463.10K | 0.00% | Reduce |
| Prudential Financial history | 19.59K | $392.19K | 0.00% | New |
| Legal & General Investment Management America history | 15.02K | $300.68K | 0.00% | Add |
| Deutsche Bank AG history | 14.36K | $287.57K | 0.00% | Add |
| Franklin Resources history | 10.78K | $215.77K | 0.00% | Add |
| Citigroup Inc history | 10.34K | $206.98K | 0.00% | Reduce |
| JPMorgan Chase & Co history | 8.36K | $167.41K | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 4.02K | $80.54K | 0.00% | Add |
| PNC Financial Services history | 125 | $2.50K | 0.00% | Add |
Q1 2025 — 27 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 2.04M | $39.99M | 0.00% | Add |
| Vanguard Group history | 946.43K | $18.58M | 0.00% | Add |
| Geode Capital Management history | 383.82K | $7.54M | 0.00% | Add |
| Renaissance Technologies history | 381.01K | $7.48M | 0.01% | Reduce |
| Morgan Stanley history | 273.47K | $5.37M | 0.00% | Reduce |
| Wells Fargo & Co history | 219.86K | $4.32M | 0.00% | Reduce |
| Arrowstreet Capital history | 167.26K | $3.28M | 0.00% | Add |
| Northern Trust Corp history | 163.13K | $3.20M | 0.00% | Reduce |
| BNY Mellon history | 116.61K | $2.29M | 0.00% | Reduce |
| Millennium Management history | 110.53K | $2.17M | 0.00% | Add |
| Goldman Sachs Group history | 109.79K | $2.16M | 0.00% | Add |
| Citadel Advisors history | 85.55K | $1.68M | 0.00% | Reduce |
| Two Sigma Investments history | 83.05K | $1.63M | 0.00% | Reduce |
| Marshall Wace history | 75.49K | $1.48M | 0.00% | New |
| JPMorgan Chase & Co history | 46.35K | $909.93K | 0.00% | Reduce |
| Charles Schwab Investment Management history | 44.52K | $874.03K | 0.00% | Hold |
| D. E. Shaw & Co history | 44.19K | $867.53K | 0.00% | Reduce |
| Invesco Ltd history | 41.00K | $804.81K | 0.00% | Add |
| AQR Capital Management history | 39.41K | $773.67K | 0.00% | Add |
| Bank of America Corp history | 24.28K | $476.62K | 0.00% | Reduce |
| Citigroup Inc history | 15.68K | $307.78K | 0.00% | Reduce |
| Legal & General Investment Management America history | 14.72K | $289.03K | 0.00% | Reduce |
| UBS Group AG history | 13.32K | $261.39K | 0.00% | Reduce |
| Deutsche Bank AG history | 12.86K | $252.50K | 0.00% | Add |
| Franklin Resources history | 10.25K | $201.13K | 0.00% | New |
| Fidelity Management & Research (FMR) history | 3.38K | $66.43K | 0.00% | Add |
| PNC Financial Services history | 116 | $2.28K | 0.00% | Reduce |
New Positions (Q2 2026)
- D. E. Shaw & Co 75.24K sh · $1.42M
- Norges Bank Investment Management 61.00K sh · $1.15M
- JPMorgan Chase & Co 13.11K sh · $246.84K
- Balyasny Asset Management 12.65K sh · $238.50K
Fully Exited (vs previous quarter)
- Amundi US sold 12.01K sh · $206.28K
Fund Position History — shares by quarter (top 20 funds)
| Fund | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BlackRock Inc | 2.17M | 1.91M | 2.01M | 1.98M | 2.05M | 2.04M | 1.68M | 1.60M | — | — | — | — | — | — | — | — | — | — | — | — |
| Geode Capital Management | 596.55K | 555.95K | 534.70K | 522.81K | 409.08K | 383.82K | 363.57K | 364.31K | 359.38K | 350.62K | 342.27K | 334.97K | 320.10K | 305.69K | 297.70K | 294.49K | 269.69K | 268.13K | 261.96K | 255.40K |
| Renaissance Technologies | 359.91K | 392.71K | 371.21K | 365.41K | 379.31K | 381.01K | 429.11K | 331.31K | 340.91K | 346.21K | 350.61K | 355.41K | 358.11K | 361.21K | 363.91K | 390.91K | 522.71K | 558.61K | 477.81K | 480.31K |
| Morgan Stanley | 330.68K | 281.72K | 224.93K | 231.19K | 296.33K | 273.47K | 290.62K | 272.38K | 174.52K | 185.82K | 133.51K | 100.86K | 97.35K | 71.99K | 67.39K | 86.48K | 66.84K | 30.75K | 33.53K | 25.07K |
| Arrowstreet Capital | 267.07K | 276.24K | 195.62K | 177.63K | 161.50K | 167.26K | 107.95K | 23.92K | — | — | — | — | — | — | — | — | — | — | — | 13.26K |
| Goldman Sachs Group | 259.72K | 158.38K | 236.12K | 108.65K | 108.79K | 109.79K | 101.79K | 83.69K | 54.46K | 45.54K | 42.96K | 41.78K | 51.11K | 88.53K | 66.00K | 71.55K | 81.07K | 125.46K | 145.65K | 151.59K |
| Wells Fargo & Co | 217.94K | 209.97K | 224.02K | 219.88K | 227.21K | 219.86K | 223.59K | 222.70K | 226.24K | 225.09K | 234.12K | 235.42K | 234.65K | 234.80K | 231.72K | 233.95K | 231.89K | 248.29K | 275.12K | 314.67K |
| Royce & Associates | 209.18K | 197.97K | 169.85K | 25.00K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 174.19K | 190.78K |
| Two Sigma Investments | 197.23K | 177.64K | 161.12K | 152.43K | 63.55K | 83.05K | 89.44K | 47.67K | 49.20K | 42.96K | 31.58K | 18.45K | — | 13.83K | 61.87K | 118.53K | 132.78K | 70.58K | 35.30K | 45.87K |
| AQR Capital Management | 170.41K | 172.14K | 200.03K | 203.04K | 72.06K | 39.41K | 16.43K | — | — | — | — | — | — | — | 13.57K | 38.40K | — | — | — | — |
| Northern Trust Corp | 169.73K | 159.99K | 155.38K | 168.34K | 159.03K | 163.13K | 164.24K | 165.25K | 167.12K | 159.74K | 204.24K | 190.43K | 185.89K | 186.69K | 192.53K | 189.38K | 187.85K | 184.65K | 194.68K | 201.58K |
| BNY Mellon | 167.59K | 166.62K | 157.54K | 125.73K | 114.65K | 116.61K | 122.42K | 117.45K | 129.55K | 124.14K | 121.06K | 158.48K | 164.00K | 168.42K | 175.61K | 205.58K | 192.38K | 194.98K | 191.86K | 190.22K |
| Charles Schwab Investment Management | 142.41K | 139.52K | 170.35K | 167.07K | 72.69K | 44.52K | 44.49K | 42.72K | 44.99K | 40.71K | 41.68K | 41.66K | 41.66K | 41.86K | 41.86K | 40.80K | 39.57K | 39.20K | 36.99K | 57.06K |
| Citadel Advisors | 110.70K | 62.63K | — | — | 90.02K | 85.55K | 112.50K | 19.38K | — | — | 34.46K | — | — | — | 16.00K | 35.90K | 102.44K | 53.34K | 34.56K | 47.98K |
| Millennium Management | 105.25K | 182.62K | 75.72K | 135.04K | 98.18K | 110.53K | 103.30K | 38.15K | 22.44K | — | — | — | — | — | — | 14.38K | — | 33.05K | 11.12K | 16.16K |
| D. E. Shaw & Co | 75.24K | — | — | — | 23.13K | 44.19K | 45.48K | — | — | — | — | — | — | — | — | — | 41.11K | 13.98K | — | — |
| Bank of America Corp | 71.50K | 73.82K | 71.58K | 54.97K | 67.13K | 24.28K | 29.57K | 28.70K | 17.28K | 12.19K | 20.18K | 15.91K | 13.58K | 40.03K | 40.77K | 58.72K | 53.15K | 49.04K | 54.35K | 65.69K |
| Norges Bank Investment Management | 61.00K | — | — | — | 52.60K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Franklin Resources | 57.56K | 55.35K | — | 11.12K | 10.78K | 10.25K | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| UBS Group AG | 46.05K | 110.13K | 51.74K | 75.50K | 37.66K | 13.32K | 14.47K | 13.70K | 9.99K | 17.99K | 20.43K | 10.79K | 12.84K | 8.85K | 5.74K | — | 737 | 3.62K | 6.30K | — |
▲ Bought Low (fund opened/added, stock rose ≥5% next quarter) ▼ Sold High (fund reduced, stock fell ≥5% next quarter)
Drag / scroll to zoom · Default shows the most recent year · Annotations come from quarterly fund actions in 13F filings · Hover a marker for details