Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
45 hedge funds and large institutions have $47.8M invested in Dividend and Income Fund in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 8 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 46 → 45 (-1)
11% less capital invested
Capital invested by funds: $53.8M → $47.8M (-$6.07M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.37M |
| 2 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
+$2.05M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$934K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$725K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$498K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.48M |
| 2 |
Morgan Stanley
New York
|
-$1.34M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$370K |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
-$221K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$158K |
DNI Hedge Fund Activity: Q4 2018 in Review
45 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q4 2018, worth a combined $47.8M — down 11% from $53.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DNI and 7 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 15 added.
The largest buyer was Bulldog Investors, adding an estimated $3.37M. The largest seller was Raymond James & Associates, cutting an estimated $1.48M.
- 45 institutional investors held Dividend and Income Fund (DNI) as of Q4 2018, down from 46 in Q3 2018.
- Funds reported $47.8M of Dividend and Income Fund stock for Q4 2018, down 11% quarter-over-quarter.
- 7 funds opened new Dividend and Income Fund positions in Q4 2018 and 8 closed out, a net change of -1 holder.
- The largest Dividend and Income Fund buyer in Q4 2018 was Bulldog Investors, an estimated $3.37M added.
- The largest Dividend and Income Fund seller in Q4 2018 was Raymond James & Associates, an estimated $1.48M sold.
Based on aggregated 13F filings for Q4 2018.