Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
39 hedge funds and large institutions have $53.7M invested in Dividend and Income Fund in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
10% more capital invested
Capital invested by funds: $48.9M → $53.7M (+$4.77M)
5% more funds holding
Funds holding: 37 → 39 (+2)
1.68% more ownership
Funds ownership: 35.71% → 37.4% (+1.7%)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.94M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.64M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.2M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$993K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$596K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.74M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.56M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.23M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$459K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$436K |
DNI Hedge Fund Activity: Q4 2017 in Review
39 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q4 2017, worth a combined $53.7M — up 9.8% from $48.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DNI positions and 6 closed out — a net gain of 2 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $3.94M. The largest seller was Saba Capital Management, cutting an estimated $2.74M.
- 39 institutional investors held Dividend and Income Fund (DNI) as of Q4 2017, up from 37 in Q3 2017.
- Funds reported $53.7M of Dividend and Income Fund stock for Q4 2017, up 9.8% quarter-over-quarter.
- 8 funds opened new Dividend and Income Fund positions in Q4 2017 and 6 closed out, a net change of +2 holders.
- The largest Dividend and Income Fund buyer in Q4 2017 was Raymond James & Associates, an estimated $3.94M added.
- The largest Dividend and Income Fund seller in Q4 2017 was Saba Capital Management, an estimated $2.74M sold.
Based on aggregated 13F filings for Q4 2017.