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DNI

Dividend and Income Fund

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 3739 (+2)

9% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 11

Holders
39
Holders Change
+2
Holders Change %
+5.41%
% of All Funds
0.88%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
8
Increased
12
Reduced
11
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$12.7M +$3.94M +297,259 +46%
MC
2
Matisse Capital
Oregon
$6.16M +$1.2M +90,811 +25%
BBPWM
3
Blue Bell Private Wealth Management
Pennsylvania
$5.96M +$400K +30,182 +7%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$3.52M +$386K +29,071 +12%
Morgan Stanley
5
Morgan Stanley
New York
$2.75M +$20.1K +1,512 +0.7%
Bank of America
6
Bank of America
North Carolina
$2.5M +$345K +26,013 +16%
ZIG
7
Zuckerman Investment Group
Illinois
$1.99M
AA
8
Ancora Advisors
Ohio
$1.75M
COLIM
9
City of London Investment Management
United Kingdom
$1.66M +$1.64M +123,355 New
Citigroup
10
Citigroup
New York
$1.62M -$162K -12,193 -9%
SCM
11
Saba Capital Management
New York
$1.39M -$2.74M -206,699 -67%
MML Investors Services
12
MML Investors Services
Massachusetts
$1.35M +$993K +74,840 +293%
Wells Fargo
13
Wells Fargo
California
$1.18M -$103K -7,775 -8%
LCM
14
Landscape Capital Management
New Jersey
$948K +$193K +14,553 +26%
GC
15
Guggenheim Capital
Illinois
$916K +$173K +13,043 +24%
CL
16
CSS LLC
Illinois
$914K +$16.5K +1,242 +2%
CRC
17
Curi RMB Capital
Illinois
$878K -$399K -30,053 -31%
Invesco
18
Invesco
Georgia
$874K -$18.1K -1,362 -2%
HighTower Advisors
19
HighTower Advisors
Illinois
$696K +$3.25K +245 +0.5%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$604K +$596K +44,939 New
SG Americas Securities
21
SG Americas Securities
New York
$492K +$310K +23,334 +175%
UBS Group
22
UBS Group
Switzerland
$448K -$13.1K -987 -3%
XS
23
XML Securities
Maryland
$309K +$305K +23,012 New
YCM
24
Yakira Capital Management
Connecticut
$285K
SKK
25
Shepherd Kaplan Krochuk
Massachusetts
$281K

DNI Hedge Fund Activity: Q4 2017 in Review

39 of the 4,410 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.