Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
34 hedge funds and large institutions have $14.1M invested in Dividend and Income Fund in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
17% more funds holding
Funds holding: 29 → 34 (+5)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
26% less capital invested
Capital invested by funds: $18.9M → $14.1M (-$4.85M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$849K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$603K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$602K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$506K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$479K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.38M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$980K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$866K |
| 4 |
LPL Financial
San Diego,
California
|
-$805K |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
-$758K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $28K | -$291K | -22,500 | -90% |
|
|
RIA
27
Regal Investment Advisors
Kentwood,
Michigan
| $19K | +$3.76K | +290 | +19% |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| $9K | -$980K | -75,639 | -99% |
|
|
AIG
29
American International Group
New York
| $9K | – | – | – |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| $7K | – | – | – |
|
|
SSB
31
Sandy Spring Bank
Olney,
Maryland
| $6K | – | – | – |
|
|
WCM
32
Windsor Capital Management
Phoenix,
Arizona
| $6K | +$7.77K | +600 | New |
|
33
SEI Investments
Oaks,
Pennsylvania
| $5K | – | – | – |
|
|
ASN
34
Advisory Services Network
Atlanta,
Georgia
| $2K | – | – | – |
|
|
SIA
35
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$866K | -61,218 | Closed |
|
36
Goldman Sachs
New York
| – | -$146K | -10,355 | Closed |
|
|
HCMT
37
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$1K | -105 | Closed |
|
|
BIM
38
BlackRock Investment Management
Wilmington,
Delaware
| – | +$91 | +7 | New |
|
DNI Hedge Fund Activity: Q3 2015 in Review
34 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q3 2015, worth a combined $14.1M — down 26% from $18.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DNI positions and 3 closed out — a net gain of 5 holders — while 9 added to existing stakes and 12 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $849K. The largest seller was Advisors Asset Management, cutting an estimated $1.38M.
- 34 institutional investors held Dividend and Income Fund (DNI) as of Q3 2015, up from 29 in Q2 2015.
- Funds reported $14.1M of Dividend and Income Fund stock for Q3 2015, down 26% quarter-over-quarter.
- 8 funds opened new Dividend and Income Fund positions in Q3 2015 and 3 closed out, a net change of +5 holders.
- The largest Dividend and Income Fund buyer in Q3 2015 was City of London Investment Management, an estimated $849K added.
- The largest Dividend and Income Fund seller in Q3 2015 was Advisors Asset Management, an estimated $1.38M sold.
Based on aggregated 13F filings for Q3 2015.