Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
37 hedge funds and large institutions have $48.9M invested in Dividend and Income Fund in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 36 → 37 (+1)
5% more capital invested
Capital invested by funds: $46.7M → $48.9M (+$2.26M)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.82M |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$261K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$181K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$142K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
+$67.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
-$924K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$502K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$448K |
| 4 |
Citigroup
New York
|
-$186K |
| 5 |
GP
Girard Partners
King Of Prussia,
Pennsylvania
|
-$175K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SKK
26
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| $269K | +$261K | +20,900 | New |
|
|
AIP
27
Ahrens Investment Partners
Lafayette,
Louisiana
| $171K | – | – | – |
|
28
SG Americas Securities
New York
| $171K | +$45K | +3,602 | +37% |
|
|
TCM
29
Traynor Capital Management
Malvern,
Pennsylvania
| $160K | – | – | – |
|
|
HCMT
30
Highland Capital Management (Texas)
Dallas,
Texas
| $156K | – | – | – |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| $117K | -$3.73K | -298 | -3% |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| $97K | +$838 | +67 | +0.9% |
|
|
NFG
33
Next Financial Group
Houston,
Texas
| $9K | – | – | – |
|
34
JP Morgan Chase
New York
| $9K | +$8.84K | +707 | New |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| $7K | +$6.46K | +517 | New |
|
36
SEI Investments
Oaks,
Pennsylvania
| $6K | – | – | – |
|
|
AG
37
Advisor Group
Phoenix,
Arizona
| $3K | -$9.94K | -795 | -76% |
|
|
TC
38
TFS Capital
West Chester,
Pennsylvania
| – | -$325K | -26,276 | Closed |
|
|
GP
39
Girard Partners
King Of Prussia,
Pennsylvania
| – | -$175K | -14,194 | Closed |
|
DNI Hedge Fund Activity: Q3 2017 in Review
37 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q3 2017, worth a combined $48.9M — up 4.8% from $46.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new DNI positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 16 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $2.82M. The largest seller was Wedbush Securities, cutting an estimated $924K.
- 37 institutional investors held Dividend and Income Fund (DNI) as of Q3 2017, up from 36 in Q2 2017.
- Funds reported $48.9M of Dividend and Income Fund stock for Q3 2017, up 4.8% quarter-over-quarter.
- 3 funds opened new Dividend and Income Fund positions in Q3 2017 and 2 closed out, a net change of +1 holder.
- The largest Dividend and Income Fund buyer in Q3 2017 was Raymond James & Associates, an estimated $2.82M added.
- The largest Dividend and Income Fund seller in Q3 2017 was Wedbush Securities, an estimated $924K sold.
Based on aggregated 13F filings for Q3 2017.