Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
31 hedge funds and large institutions have $29.3M invested in Dividend and Income Fund in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 3 reducing their positions, and 9 closing their positions.
467% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 3
16% more capital invested
Capital invested by funds: $25.4M → $29.3M (+$3.97M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less funds holding
Funds holding: 37 → 31 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.64M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.57M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.53M |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$736K |
| 5 |
Citigroup
New York
|
+$615K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$743K |
| 2 |
Morgan Stanley
New York
|
-$655K |
| 3 |
IH
IFC Holdings
Tampa,
Florida
|
-$500K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$365K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$320K |
DNI Hedge Fund Activity: Q1 2016 in Review
31 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q1 2016, worth a combined $29.3M — up 16% from $25.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DNI and 3 opened new positions — a net loss of 6 holders — while 3 trimmed existing stakes and 17 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.64M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $743K sold.
- 31 institutional investors held Dividend and Income Fund (DNI) as of Q1 2016, down from 37 in Q4 2015.
- Funds reported $29.3M of Dividend and Income Fund stock for Q1 2016, up 16% quarter-over-quarter.
- 3 funds opened new Dividend and Income Fund positions in Q1 2016 and 9 closed out, a net change of -6 holders.
- The largest Dividend and Income Fund buyer in Q1 2016 was Karpus Investment Management, an estimated $1.64M added.
- The largest Dividend and Income Fund seller in Q1 2016 was Mariner Investment Group, an estimated $743K sold.
Based on aggregated 13F filings for Q1 2016.