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DNI

Dividend and Income Fund

Delisted

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

42 hedge funds and large institutions have $55M invested in Dividend and Income Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

8% more funds holding

Funds holding: 3942 (+3)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

6% less capital invested

Capital invested by funds: $58.6M → $55M (-$3.59M)

14% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 14

Holders
42
Holders Change
+3
Holders Change %
+7.69%
% of All Funds
0.96%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
7
Increased
12
Reduced
14
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$13M -$887K -71,348 -6%
BBPWM
2
Blue Bell Private Wealth Management
Pennsylvania
$5.78M -$40.5K -3,258 -0.7%
MC
3
Matisse Capital
Oregon
$4.62M -$605K -48,651 -11%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$4.01M -$213K -17,164 -5%
Morgan Stanley
5
Morgan Stanley
New York
$3.17M -$42.9K -3,448 -1%
Wells Fargo
6
Wells Fargo
California
$2.86M -$309K -24,874 -10%
HCMT
7
Highland Capital Management (Texas)
Texas
$2.85M
MML Investors Services
8
MML Investors Services
Massachusetts
$1.98M -$150K -12,044 -7%
Bank of America
9
Bank of America
North Carolina
$1.94M -$2.62K -211 -0.1%
SCM
10
Saba Capital Management
New York
$1.66M -$46K -3,700 -3%
AA
11
Ancora Advisors
Ohio
$1.58M
LCM
12
Landscape Capital Management
New Jersey
$1.57M +$78K +6,272 +5%
GC
13
Guggenheim Capital
Illinois
$1.3M +$113K +9,073 +9%
BI
14
Bulldog Investors
New Jersey
$1.2M -$49.3K -3,967 -4%
BlackRock
15
BlackRock
New York
$1.14M +$1.14M +92,100 New
CL
16
CSS LLC
Illinois
$888K
HighTower Advisors
17
HighTower Advisors
Illinois
$791K +$89K +7,157 +13%
CRC
18
Curi RMB Capital
Illinois
$627K +$209K +16,801 +49%
DA
19
Doliver Advisors
Texas
$602K +$211K +16,942 +53%
SKK
20
Shepherd Kaplan Krochuk
Massachusetts
$532K +$34.3K +2,760 +7%
UBS Group
21
UBS Group
Switzerland
$465K +$73.5K +5,910 +19%
SG Americas Securities
22
SG Americas Securities
New York
$306K +$308K +24,795 New
AA
23
AQR Arbitrage
Connecticut
$271K +$11.2K +897 +4%
RJT
24
Raymond James Trust
Florida
$241K +$243K +19,551 New
OFG
25
OTA Financial Group
New York
$221K +$224K +18,000 New

DNI Hedge Fund Activity: Q2 2018 in Review

42 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q2 2018, worth a combined $55M — down 6.1% from $58.6M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new DNI positions and 3 closed out — a net gain of 4 holders — while 12 added to existing stakes and 14 trimmed.

The largest buyer was BlackRock, opening a new position worth an estimated $1.14M. The largest seller was City of London Investment Management, exiting entirely with an estimated $1.35M sold.

  • 42 institutional investors held Dividend and Income Fund (DNI) as of Q2 2018, up from 39 in Q1 2018.
  • Funds reported $55M of Dividend and Income Fund stock for Q2 2018, down 6.1% quarter-over-quarter.
  • 7 funds opened new Dividend and Income Fund positions in Q2 2018 and 3 closed out, a net change of +4 holders.
  • The largest Dividend and Income Fund buyer in Q2 2018 was BlackRock, an estimated $1.14M added.
  • The largest Dividend and Income Fund seller in Q2 2018 was City of London Investment Management, an estimated $1.35M sold.

Based on aggregated 13F filings for Q2 2018.