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DONEGAL GROUP INC
DONEGAL GROUP INC. Institutional holdings reported to the SEC.

Institutional Holders (2016Q1)
Portfolio Summary: 73 Institutional holders with a total value of $93,148,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 DIMENSIONAL FUND ADVISORS LP 1,495,787 21,509,000 23.09%
2 BlackRock Institutional Trust Company, N.A. 409,718 5,892,000 6.33%
3 VANGUARD GROUP INC 391,191 5,625,000 6.04%
4 PHILADELPHIA TRUST CO 372,794 5,361,000 5.76%
5 WELLS FARGO & COMPANY/MN 362,197 5,209,000 5.59%
6 DEPRINCE RACE & ZOLLO INC 359,806 5,174,000 5.55%
7 KENNEDY CAPITAL MANAGEMENT LLC 309,527 4,451,000 4.78%
8 HEARTLAND ADVISORS INC 300,000 4,314,000 4.63%
9 LOGAN CAPITAL MANAGEMENT INC 223,703 3,217,000 3.45%
10 BlackRock Fund Advisors 215,846 3,104,000 3.33%
11 RENAISSANCE TECHNOLOGIES LLC 177,800 2,557,000 2.75%
12 STATE STREET CORP 149,591 2,150,000 2.31%
13 EMERALD ADVISERS, LLC 140,913 2,026,000 2.18%
14 ZACKS INVESTMENT MANAGEMENT 122,196 1,757,000 1.89%
15 NORTHERN TRUST CORP 112,507 1,617,000 1.74%
16 Municipal Employees' Retirement System of Michigan 109,720 1,578,000 1.69%
17 BRIDGEWAY CAPITAL MANAGEMENT, LLC 101,000 1,452,000 1.56%
18 CWA ASSET MANAGEMENT GROUP, LLC 96,885 1,393,000 1.50%
19 Ancora Advisors LLC 81,800 1,176,000 1.26%
20 OLD REPUBLIC INTERNATIONAL CORP 80,000 1,150,000 1.23%
21 First Eagle Investment Management, LLC 64,068 921,000 0.99%
22 Bank of New York Mellon Corp 56,620 814,000 0.87%
23 GEODE CAPITAL MANAGEMENT, LLC 56,219 808,000 0.87%
24 TIAA CREF INVESTMENT MANAGEMENT LLC 45,636 656,000 0.70%
25 Janney Montgomery Scott LLC 45,368 652,000 0.70%
26 MENTA CAPITAL LLC 43,585 627,000 0.67%
27 ROYAL BANK OF CANADA 42,073 605,000 0.65%
28 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 41,300 594,000 0.64%
29 BlackRock Investment Management, LLC 34,022 489,000 0.52%
30 CHELSEA COUNSEL CO 31,937 459,000 0.49%
31 BB&T SECURITIES, LLC 31,496 453,000 0.49%
32 Minerva Advisors LLC 28,162 402,000 0.43%
33 WEDBUSH SECURITIES INC 25,742 370,000 0.40%
34 Pacific Ridge Capital Partners, LLC 24,626 354,000 0.38%
35 GLOBEFLEX CAPITAL L P 24,331 350,000 0.38%
36 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 21,141 305,000 0.33%
37 DEUTSCHE BANK AG\ 19,471 277,000 0.30%
38 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 18,480 266,000 0.29%
39 Spark Investment Management LLC 17,400 250,000 0.27%
40 ANALYTIC INVESTORS, LLC 16,687 240,000 0.26%
41 ALLIANCEBERNSTEIN L.P. 14,854 214,000 0.23%
42 RHUMBLINE ADVISERS 13,753 198,000 0.21%
43 Swiss National Bank 13,500 186,000 0.20%
44 MARTINGALE ASSET MANAGEMENT L P 12,404 179,000 0.19%
45 PROSPECTOR PARTNERS LLC 12,000 173,000 0.19%
46 Nationwide Fund Advisors 10,924 157,000 0.17%
47 KEELEY ASSET MANAGEMENT CORP 10,093 145,000 0.16%
48 WEIK CAPITAL MANAGEMENT 10,000 144,000 0.15%
49 TEACHERS ADVISORS, LLC 9,725 140,000 0.15%
50 LSV ASSET MANAGEMENT 8,100 116,000 0.12%
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From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.