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DNI

Dividend and Income Fund

Delisted

DNI was delisted on the 8th of October, 2020.

36 hedge funds and large institutions have $46.7M invested in Dividend and Income Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 10

19% more capital invested

Capital invested by funds: $39.2M → $46.7M (+$7.43M)

3% less funds holding

Funds holding: 3736 (-1)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

Holders
36
Holders Change
-1
Holders Change %
-2.7%
% of All Funds
0.9%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
17
Reduced
10
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$5.19M +$4.77M +391,627 +1,383%
BBPWM
2
Blue Bell Private Wealth Management
Pennsylvania
$5.16M +$247K +20,278 +5%
MC
3
Matisse Capital
Oregon
$4.47M +$53.6K +4,400 +1%
SCM
4
Saba Capital Management
New York
$3.83M +$60.9K +5,000 +2%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$2.98M -$29.5K -2,424 -1%
SIA
6
Sit Investment Associates
Minnesota
$2.56M +$476K +39,093 +23%
Morgan Stanley
7
Morgan Stanley
New York
$2.5M -$285K -23,394 -10%
ZIG
8
Zuckerman Investment Group
Illinois
$1.83M +$473K +38,860 +35%
Citigroup
9
Citigroup
New York
$1.82M -$188K -15,398 -9%
Bank of America
10
Bank of America
North Carolina
$1.8M +$108K +8,828 +6%
AA
11
Ancora Advisors
Ohio
$1.61M +$122K +10,000 +8%
WS
12
Wedbush Securities
California
$1.49M +$152K +12,479 +12%
Wells Fargo
13
Wells Fargo
California
$1.28M +$44.6K +3,659 +4%
DA
14
Doliver Advisors
Texas
$1.21M -$291K -23,890 -20%
CRC
15
Curi RMB Capital
Illinois
$1.18M -$719K -58,987 -38%
GC
16
Guggenheim Capital
Illinois
$1.18M +$802K +65,825 +223%
CCP
17
Clough Capital Partners
Massachusetts
$883K +$871K +71,500 New
Invesco
18
Invesco
Georgia
$829K -$365 -30 -0%
CL
19
CSS LLC
Illinois
$813K +$12.2K +1,000 +2%
LCM
20
Landscape Capital Management
New Jersey
$789K +$24.9K +2,044 +3%
HighTower Advisors
21
HighTower Advisors
Illinois
$674K -$329K -26,977 -33%
UBS Group
22
UBS Group
Switzerland
$415K +$8.6K +706 +2%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$388K +$176K +14,442 +85%
TC
24
TFS Capital
Pennsylvania
$325K -$115K -9,408 -26%
YCM
25
Yakira Capital Management
Connecticut
$262K

DNI Hedge Fund Activity: Q2 2017 in Review

36 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q2 2017, worth a combined $46.7M — up 19% from $39.2M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of DNI and 4 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 17 added.

The largest buyer was Raymond James & Associates, adding an estimated $4.77M. The largest seller was Curi RMB Capital, cutting an estimated $719K.

  • 36 institutional investors held Dividend and Income Fund (DNI) as of Q2 2017, down from 37 in Q1 2017.
  • Funds reported $46.7M of Dividend and Income Fund stock for Q2 2017, up 19% quarter-over-quarter.
  • 4 funds opened new Dividend and Income Fund positions in Q2 2017 and 5 closed out, a net change of -1 holder.
  • The largest Dividend and Income Fund buyer in Q2 2017 was Raymond James & Associates, an estimated $4.77M added.
  • The largest Dividend and Income Fund seller in Q2 2017 was Curi RMB Capital, an estimated $719K sold.

Based on aggregated 13F filings for Q2 2017.