Dollar General

DG • NYSE

Dollar General is a discount stores company in the consumer defensive sector on NYSE, led by Todd J. Vasos, with a market cap of $29.3B. As of Q3 2025, 94% of shares are held by 1,020 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.22%.

Chief Executive OfficerTodd J. Vasos

Market Cap$29.3B

Discount Stores

Consumer Defensive

Employees170.0K

Websitedollargeneral.com

Country

United States of America

Overview

Overview of institutional ownership in DG as of Q3 2025 with a market cap of $22.7B

All Institutions

Institutions: 1,020
Value Held: $21.4B
Shares Held: 207.2M
Avg Position: $21.0M
Median Position: $756.3K

Hedge Funds

Hedge Funds: 68
Value Held: $1.8B
Shares Held: 17.3M
Avg Position: $26.3M
Median Position: $2.2M

Ownership Breakdown

Institutional (non-HF)

86.23%

$19.6B

Hedge Funds

7.85%

$1.8B

Retail & Other

5.92%

$1.3B

Based on market cap of $22.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in DG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$2.8B 0.04% of portfolio	12.22% 26.9M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$2.5B 0.04% of portfolio	10.84% 23.9M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
PZENA INVESTMENT MANAGEMENT LLC Long Only Manager	Chenyu Caroline Cai CEO	$1.2B 3.90% of portfolio	5.31% 11.7M shares	Q1 2024 Held for 1y 8m	$30.9B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.1B 0.04% of portfolio	4.98% 11.0M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
F First Eagle Investment Management, LLC Long Only Manager	Mehdi Asif Mahmud CEO	$617.7M 1.13% of portfolio	2.72% 6.0M shares	Q4 2024 Held for 11 months	$54.9B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$583.1M 0.04% of portfolio	2.57% 5.7M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$480.1M 0.03% of portfolio	2.11% 4.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
Alpine Investment Management, LLC Long Only Manager	Nicholas Virgil Tompras CEO	$402.6M 6.88% of portfolio	1.77% 3.9M shares	Q3 2024 Held for 1y 2m	$5.9B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$390.7M 0.03% of portfolio	1.72% 3.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
B BAILLIE GIFFORD & CO Institution	-	$335.6M 0.25% of portfolio	1.48% 3.2M shares	Q2 2025 Held for 5 months	$134.80B

Net Capital Flow

Institutional buying and selling activity for DG in Q3 2025

Traded: +$750.9M
Buyers: 558
Sellers: 411
Total Bought: +$2.3B
Total Sold: −$1.6B
Avg Position: $19.1M

Biggest Buyers

Institution	Net Bought	Current Position
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$209.5M +2.0M shares	$259.8M 2.5M shares
B BlackRock, Inc. Institution	+$120.0M +1.2M shares	$2.5B 23.9M shares
SCHRODER INVESTMENT MANAGEMENT GROUP RIA/Wealth	+$97.8M +946.0K shares	$99.3M 960.8K shares
FMR LLC Institution	+$96.1M +930.3K shares	$204.3M 2.0M shares
STATE STREET CORP Institution	+$94.4M +913.4K shares	$1.1B 11.0M shares
V VIRGINIA RETIREMENT SYSTEMS ET AL Institution	+$93.7M +906.7K shares	$93.7M 906.7K shares
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Fund of Funds	+$88.4M +855.2K shares	$93.9M 908.1K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$82.2M +795.2K shares	$150.2M 1.5M shares
Q Qube Research & Technologies Ltd Institution	+$72.4M +700.7K shares	$92.0M 890.2K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$65.7M +636.0K shares	$67.9M 656.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
C Capital International Investors Institution	−$491.5M −4.8M shares	$130.1M 1.3M shares
Artisan Partners Limited Partnership Long Only Manager	−$130.2M −1.1M shares	Sold Off 0 shares
Holocene Advisors, LP Hedge Fund•Long/Short	−$80.5M −778.7K shares	$175.3M 1.7M shares
F FIL Ltd Institution	−$66.2M −640.8K shares	$27.1M 261.8K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$49.0M −474.1K shares	$43.7M 423.2K shares
H Hook Mill Capital Partners, LP Institution	−$45.0M −393.4K shares	Sold Off 0 shares
MANE GLOBAL CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	−$39.1M −341.6K shares	Sold Off 0 shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$30.3M −293.1K shares	$77.3M 747.7K shares
Alpine Investment Management, LLC Long Only Manager	−$29.2M −282.4K shares	$402.6M 3.9M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$28.4M −274.6K shares	$40.2M 389.0K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited DG in Q3 2025

New Positions: 52
New Value: $57.0M
Exited Positions: 99
Exited Value: $384.8M

New Positions

Institution	Position Value
Ceredex Value Advisors LLC Long Only Manager	$20.8M 201.6K shares
C CSM Advisors, LLC Institution	$14.1M 136.5K shares
M Mubadala Investment Co PJSC Institution	$3.6M 34.9K shares
Decker Retirement Planning Inc. RIA/Wealth	$3.1M 30.1K shares
C Cumberland Partners Ltd Institution	$1.6M 15.0K shares
P PRECEDENT WEALTH PARTNERS, LLC RIA/Wealth	$1.5M 14.5K shares
Vinva Investment Management Ltd Hedge Fund•Quant	$1.3M 12.5K shares
I Inscription Capital, LLC RIA/Wealth	$1.2M 12.1K shares
Friedenthal Financial RIA/Wealth	$943.2K 9.1K shares
P Prana Capital Management, LP Hedge Fund•Long/Short	$839.8K 8.1K shares

Exited Positions

Institution	Previous Position
Artisan Partners Limited Partnership Long Only Manager	$130.2M 1.1M shares
H Hook Mill Capital Partners, LP Institution	$45.0M 393.4K shares
MANE GLOBAL CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	$39.1M 341.6K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$23.3M 203.9K shares
S STEADFAST CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	$21.6M 188.5K shares
M Mediolanum International Funds Ltd Institution	$19.1M 167.0K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$12.2M 106.4K shares
Channing Capital Management, LLC Long Only Manager	$9.4M 82.4K shares
Hamilton Wealth, LLC RIA/Wealth	$9.0M 78.3K shares
CAPITAL INTERNATIONAL INC /CA/ Long Only Manager	$8.3M 72.9K shares

Options Activity

Institutions with the largest Call and Put options positions in DG as of Q3 2025

Call Positions: 32
Call Value: $559.3M
Put Positions: 33
Put Value: $623.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$119.0M 11.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$115.1M 11.1K contracts
J JANE STREET GROUP, LLC Institution	$62.1M 6.0K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$38.6M 3.7K contracts
Walleye Trading LLC RIA/Wealth	$29.4M 2.8K contracts
UBS Group AG Institution	$27.8M 2.7K contracts
Q Qube Research & Technologies Ltd Institution	$23.4M 2.3K contracts
D D. E. Shaw & Co., Inc. Institution	$22.8M 2.2K contracts
W WOLVERINE TRADING, LLC Institution	$20.1M 2.0K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$17.8M 1.7K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$203.7M 19.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$80.6M 7.8K contracts
J JANE STREET GROUP, LLC Institution	$54.1M 5.2K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$40.1M 3.9K contracts
D D. E. Shaw & Co., Inc. Institution	$27.3M 2.6K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$27.2M 26.4 contracts
Walleye Trading LLC RIA/Wealth	$23.1M 2.2K contracts
Diameter Capital Partners LP Hedge Fund•Credit Arb	$21.9M 2.1K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$20.7M 2.0K contracts
W WOLVERINE TRADING, LLC Institution	$15.0M 1.5K contracts

Most Committed Institutions

Institutions with DG as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Twin Lions Management LLC RIA/Wealth	Antonio Mira Director	19.86% $30.2M	0.13% 292.1K shares	Q4 2024 Held for 11 months	$152.0M
SEMPER AUGUSTUS INVESTMENTS GROUP LLC Family Office	Patrick Olivier Guest CEO	11.95% $95.7M	0.42% 925.8K shares	Q1 2017 Held for 8y 8m	$800.5M
E Estuary Capital Management LP Hedge Fund•Long/Short	Andrew H. Warford Managing Partner	8.74% $49.2M	0.22% 476.4K shares	Q4 2023 Held for 1y 11m	$563.2M
Kiltearn Partners LLP Long Only Manager	Murdoch Ross Murchison CEO	7.87% $39.3M	0.17% 379.8K shares	Q2 2024 Held for 1y 5m	$498.9M
Alpine Investment Management, LLC Long Only Manager	Nicholas Virgil Tompras CEO	6.88% $402.6M	1.77% 3.9M shares	Q3 2024 Held for 1y 2m	$5.9B
Templeton & Phillips Capital Management, LLC Hedge Fund•Long/Short	Lauren Cortney Templeton Managing Partner	6.75% $9.4M	0.04% 90.8K shares	Q1 2025 Held for 8 months	$139.0M
B BEDDOW CAPITAL MANAGEMENT INC RIA/Wealth	Edward George Beddow President	6.65% $12.7M	0.06% 122.8K shares	Q1 2024 Held for 1y 8m	$190.8M
BAUPOST GROUP LLC/MA Hedge Fund•Value	Seth Andrew Klarman CEO	6.10% $275.6M	1.21% 2.7M shares	Q3 2024 Held for 1y 2m	$4.5B
BANYAN CAPTIAL MANAGEMENT, INC. RIA/Wealth	Drew Douglas Estes President	5.81% $12.2M	0.05% 118.5K shares	Q4 2024 Held for 11 months	$210.7M
INKWELL CAPITAL LLC RIA/Wealth	Aaron Byrd President	4.24% $4.2M	0.02% 40.2K shares	Q4 2024 Held for 11 months	$97.8M

Hedge Fund Spotlight

Discover hedge funds investing in DG

FORA Capital, LLC

Hedge Fund • Quant

Portfolio ManagerStanislav Nmn Shalunov

Portfolio Value: $567.3M
Positions: 457
Last Reported: Q3 2025

Sector Allocation

Position in Dollar General

Market Value: $499.0K
Shares Held: 4.8K
Portfolio Weight: 0.09%
Owned Since: 2024-Q2

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