Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
35 hedge funds and large institutions have $31.7M invested in Dividend and Income Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
9% more funds holding
Funds holding: 32 → 35 (+3)
1% more capital invested
Capital invested by funds: $31.3M → $31.7M (+$407K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.79M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.72M |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$272K |
| 4 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$238K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.59M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$579K |
| 3 |
Morgan Stanley
New York
|
-$536K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$248K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$188K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCMT
26
Highland Capital Management (Texas)
Dallas,
Texas
| $136K | +$138K | +12,116 | New |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $105K | -$5.17K | -453 | -5% |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $88K | -$37.1K | -3,246 | -29% |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $88K | +$10.7K | +936 | +14% |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| $9K | – | – | – |
|
|
BFEC
31
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $8K | – | – | – |
|
|
NFG
32
Next Financial Group
Houston,
Texas
| $8K | – | – | – |
|
33
SEI Investments
Oaks,
Pennsylvania
| $6K | – | – | – |
|
|
ASN
34
Advisory Services Network
Atlanta,
Georgia
| $3K | +$57 | +5 | +2% |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| $1K | +$1.14K | +100 | New |
|
36
Creative Planning
Overland Park,
Kansas
| – | -$9K | -870 | Closed |
|
DNI Hedge Fund Activity: Q3 2016 in Review
35 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q3 2016, worth a combined $31.7M — up 1.3% from $31.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DNI positions and 1 closed out — a net gain of 3 holders — while 11 added to existing stakes and 14 trimmed.
The largest buyer was Geode Capital Management, opening a new position worth an estimated $1.79M. The largest seller was Sit Investment Associates, cutting an estimated $1.59M.
- 35 institutional investors held Dividend and Income Fund (DNI) as of Q3 2016, up from 32 in Q2 2016.
- Funds reported $31.7M of Dividend and Income Fund stock for Q3 2016, up 1.3% quarter-over-quarter.
- 4 funds opened new Dividend and Income Fund positions in Q3 2016 and 1 closed out, a net change of +3 holders.
- The largest Dividend and Income Fund buyer in Q3 2016 was Geode Capital Management, an estimated $1.79M added.
- The largest Dividend and Income Fund seller in Q3 2016 was Sit Investment Associates, an estimated $1.59M sold.
Based on aggregated 13F filings for Q3 2016.