DGICA β€” DONEGAL GROUP INC

Ownership history in STIFEL FINANCIAL CORP  Β·  26 quarters on record

This page tracks every 13F SEC filing in which STIFEL FINANCIAL CORP reported a position in DONEGAL GROUP INC (DGICA). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

Position Intelligence

STIFEL FINANCIAL CORP Γ— DGICA AI Analytics

πŸ“‰ STIFEL FINANCIAL CORP underperformed the S&P 500 by –5.7% annually on this DGICA position. Timing score: 38% (3/8 decisions correct). Average cost basis: $14.23. Maximum drawdown during holding period: –20.0%.

πŸ“ˆ Position Alpha vs SPY
-5.7%
annualised excess return

❌ Significantly underperformed the S&P 500 by 5.7% ann.
10 quarters analyzed

⏱️ Timing Score
38%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
3 of 8 add/trim decisions correct

πŸ’° Entry Quality
$14.23
+33.7% vs current ($19.02)

Best entry: $11.03 (2020 Q2)  Β·  Worst: $19.42 (2025 Q2)

πŸ›‘οΈ Drawdown Resilience
–20.0%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
50%
buy-side decisions

5 adds Β· 5 trims. Bought during 1 of 10 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.0% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    DGICA price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 REDUCED 11,000 -216 -1.9% 0.00% $213K $19.02
2025 Q2 ADDED 11,216 +156 +1.4% 0.00% $225K $19.42
2025 Q1 ADDED 11,060 +1,060 +10.6% 0.00% $217K $18.87
2024 Q4 UNCHANGED 10,000 β€” 0% 0.00% $155K $14.69
2024 Q3 UNCHANGED 10,000 β€” 0% 0.00% $147K $13.84
2024 Q2 UNCHANGED 10,000 β€” 0% 0.00% $129K $11.95
2024 Q1 UNCHANGED 10,000 β€” 0% 0.00% $141K $12.95
2023 Q4 UNCHANGED 10,000 β€” 0% 0.00% $140K $12.67
2023 Q3 UNCHANGED 10,000 β€” 0% 0.00% $143K $12.76
2023 Q2 UNCHANGED 10,000 β€” 0% 0.00% $144K $12.77
16 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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