Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
32 hedge funds and large institutions have $31.3M invested in Dividend and Income Fund in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 3 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
7% more capital invested
Capital invested by funds: $29.3M → $31.3M (+$1.93M)
3% more funds holding
Funds holding: 31 → 32 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$842K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$707K |
| 3 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$520K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$325K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.26M |
| 2 |
Morgan Stanley
New York
|
-$583K |
| 3 |
SG Americas Securities
New York
|
-$444K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$251K |
| 5 |
LPL Financial
San Diego,
California
|
-$147K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $107K | +$22.5K | +2,025 | +26% |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $74K | -$821 | -74 | -1% |
|
28
Creative Planning
Overland Park,
Kansas
| $9K | – | – | – |
|
|
BFEC
29
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $8K | -$6.66K | -600 | -46% |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| $8K | +$8.82K | +795 | New |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| $7K | – | – | – |
|
32
SEI Investments
Oaks,
Pennsylvania
| $5K | – | – | – |
|
|
ASN
33
Advisory Services Network
Atlanta,
Georgia
| $2K | +$55 | +5 | +2% |
|
|
34
SG Americas Securities
New York
| – | -$444K | -39,791 | Closed |
|
|
AIG
35
American International Group
New York
| – | -$9K | -795 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$1K | -51 | Closed |
|
DNI Hedge Fund Activity: Q2 2016 in Review
32 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q2 2016, worth a combined $31.3M — up 6.6% from $29.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DNI positions and 3 closed out — a net gain of 1 holder — while 15 added to existing stakes and 8 trimmed.
The largest buyer was Matisse Capital, adding an estimated $842K. The largest seller was Landscape Capital Management, cutting an estimated $1.26M.
- 32 institutional investors held Dividend and Income Fund (DNI) as of Q2 2016, up from 31 in Q1 2016.
- Funds reported $31.3M of Dividend and Income Fund stock for Q2 2016, up 6.6% quarter-over-quarter.
- 4 funds opened new Dividend and Income Fund positions in Q2 2016 and 3 closed out, a net change of +1 holder.
- The largest Dividend and Income Fund buyer in Q2 2016 was Matisse Capital, an estimated $842K added.
- The largest Dividend and Income Fund seller in Q2 2016 was Landscape Capital Management, an estimated $1.26M sold.
Based on aggregated 13F filings for Q2 2016.