Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in DGICA held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 1.9M | $32.8M | -5.2% | 5.250% | 0.00% |
| 2 | DIMENSIONAL FUND ADVISORS LP | 1.7M | $29.8M | +0.4% | 4.783% | 0.01% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 749K | $12.9M | β | 2.063% | 0.00% |
| 4 | GEODE CAPITAL MANAGEMENT, LLC | 556K | $9.6M | +4.0% | 1.531% | 0.00% |
| 5 | AMERICAN CENTURY COMPANIES INC | 396K | $6.8M | +26.8% | 1.090% | 0.00% |
| 6 | RENAISSANCE TECHNOLOGIES LLC | 393K | $6.7M | +5.8% | 1.081% | 0.01% |
| 7 | STATE STREET CORP | 393K | $6.7M | +0.2% | 1.081% | 0.00% |
| 8 | ProShare Advisors LLC | 356K | $6.1M | +15.4% | 0.981% | 0.01% |
| 9 | Connor, Clark & Lunn Investment Management Ltd. | 348K | $6.0M | -4.3% | 0.957% | 0.01% |
| 10 | MORGAN STANLEY | 282K | $4.8M | +25.3% | 0.776% | 0.00% |
| 11 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 276K | $4.7M | +41.2% | 0.760% | 0.00% |
| 12 | Qube Research & Technologies Ltd | 242K | $4.2M | +93.1% | 0.665% | 0.00% |
| 13 | CALDWELL SUTTER CAPITAL, INC. | 212K | $3.6M | 0.0% | 0.585% | 1.48% |
| 14 | WELLS FARGO & COMPANY/MN | 210K | $3.6M | -6.3% | 0.578% | 0.00% |
| 15 | ROYCE & ASSOCIATES LP | 198K | $3.4M | +16.6% | 0.545% | 0.03% |
| 16 | MILLENNIUM MANAGEMENT LLC | 183K | $3.1M | +141.2% | 0.503% | 0.00% |
| 17 | TWO SIGMA INVESTMENTS, LP | 178K | $3.1M | +10.3% | 0.489% | 0.00% |
| 18 | AQR CAPITAL MANAGEMENT LLC | 172K | $3.0M | -13.9% | 0.474% | 0.00% |
| 19 | Bank of New York Mellon Corp | 167K | $2.9M | +5.8% | 0.459% | 0.00% |
| 20 | NORTHERN TRUST CORP | 160K | $2.7M | +3.0% | 0.441% | 0.00% |
| 21 | GOLDMAN SACHS GROUP INC | 158K | $2.7M | -32.9% | 0.436% | 0.00% |
| 22 | VANGUARD PORTFOLIO MANAGEMENT LLC | 154K | $2.7M | β | 0.425% | 0.00% |
| 23 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 140K | $2.4M | -18.1% | 0.384% | 0.00% |
| 24 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | 137K | $2.3M | 0.0% | 0.377% | 0.05% |
| 25 | TEACHER RETIREMENT SYSTEM OF TEXAS | 135K | $2.3M | -30.0% | 0.371% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in DGICA β a direct measure of their conviction.
Filings activity in DGICA during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new DGICA position in Q1 2026
Institutions that fully closed their DGICA position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 154 | +2.0% | 32.29% | 5.77 pp | $207M | 15% |
| Q4 2025 | 151 | +3.4% | 38.06% | +1.95 pp | $243M | +5.4% |
| Q3 2025 | 146 | +1.4% | 36.11% | 0.03 pp | $231M | 0.1% |
| Q2 2025 | 144 | +5.9% | 36.14% | +3.64 pp | $231M | +11% |
| Q1 2025 | 136 | +5.4% | 32.50% | +9.13 pp | $208M | +39% |
| Q4 2024 | 129 | +33% | 23.37% | +3.56 pp | $149M | +18% |
| Q3 2024 | 97 | +3.2% | 19.81% | +1.95 pp | $127M | +11% |
| Q2 2024 | 94 | β | 17.86% | β | $114M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying DGICA stock.
Based on Q1 2026 13F filings, institutional ownership of Donegal Group Inc. stands at 32.3%, held across 154 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of DGICA, with approximately 1,906,786 shares worth $0.03B as of Q1 2026.
Yes β 3 widely-followed marquee investors appear among the top 25 institutional holders of DGICA, including RENAISSANCE TECHNOLOGIES LLC, MILLENNIUM MANAGEMENT LLC, TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for DGICA is 52 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
26 institutions opened new positions in DGICA during Q1 2026, while 23 fully exited. 23 added to existing positions and 105 trimmed.
DGICA institutional ownership fell by 5.77 percentage points quarter-over-quarter, with a net change of +3 holders.
The top 10 institutions account for 59.2% of all reported 13F value in DGICA, and the top 25 account for 81.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.