Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
19 hedge funds and large institutions have $22.7M invested in Dividend and Income Fund in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 9 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
19% less capital invested
Capital invested by funds: $28.1M → $22.7M (-$5.37M)
24% less funds holding
Funds holding: 25 → 19 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$475K |
| 2 |
Morgan Stanley
New York
|
+$415K |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$331K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$303K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.55M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.55M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$845K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$645K |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$613K |
DNI Hedge Fund Activity: Q3 2014 in Review
19 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q3 2014, worth a combined $22.7M — down 19% from $28.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DNI and 3 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was LPL Financial, adding an estimated $475K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $2.55M sold.
- 19 institutional investors held Dividend and Income Fund (DNI) as of Q3 2014, down from 25 in Q2 2014.
- Funds reported $22.7M of Dividend and Income Fund stock for Q3 2014, down 19% quarter-over-quarter.
- 3 funds opened new Dividend and Income Fund positions in Q3 2014 and 9 closed out, a net change of -6 holders.
- The largest Dividend and Income Fund buyer in Q3 2014 was LPL Financial, an estimated $475K added.
- The largest Dividend and Income Fund seller in Q3 2014 was Sit Investment Associates, an estimated $2.55M sold.
Based on aggregated 13F filings for Q3 2014.