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DNI

Dividend and Income Fund

Delisted

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

46 hedge funds and large institutions have $53.8M invested in Dividend and Income Fund in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 11 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

64% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 11

10% more funds holding

Funds holding: 4246 (+4)

2% less capital invested

Capital invested by funds: $55M → $53.8M (-$1.14M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
46
Holders Change
+4
Holders Change %
+9.52%
% of All Funds
1.05%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
7
Increased
18
Reduced
11
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$11.8M -$796K -64,842 -6%
BBPWM
2
Blue Bell Private Wealth Management
Pennsylvania
$5.66M +$60.7K +4,942 +1%
MC
3
Matisse Capital
Oregon
$4.16M -$320K -26,069 -7%
Morgan Stanley
4
Morgan Stanley
New York
$3.08M +$5.89K +480 +0.2%
Wells Fargo
5
Wells Fargo
California
$2.78M +$14.7K +1,194 +0.5%
HCMT
6
Highland Capital Management (Texas)
Texas
$2.75M
Geode Capital Management
7
Geode Capital Management
Massachusetts
$2.61M -$1.3M -106,251 -33%
LCM
8
Landscape Capital Management
New Jersey
$2.29M +$791K +64,478 +51%
MML Investors Services
9
MML Investors Services
Massachusetts
$2M +$91.4K +7,447 +5%
Bank of America
10
Bank of America
North Carolina
$1.74M -$141K -11,449 -7%
SCM
11
Saba Capital Management
New York
$1.6M
CRC
12
Curi RMB Capital
Illinois
$1.52M +$938K +76,401 +150%
AA
13
Ancora Advisors
Ohio
$1.41M -$123K -10,000 -8%
GC
14
Guggenheim Capital
Illinois
$1.26M +$2.21K +180 +0.2%
BlackRock
15
BlackRock
New York
$1.1M
BI
16
Bulldog Investors
New Jersey
$980K -$183K -14,878 -15%
DA
17
Doliver Advisors
Texas
$946K +$373K +30,430 +62%
CL
18
CSS LLC
Illinois
$870K +$10.7K +872 +1%
HighTower Advisors
19
HighTower Advisors
Illinois
$801K +$33.7K +2,745 +4%
UBS Group
20
UBS Group
Switzerland
$704K +$261K +21,300 +56%
SKK
21
Shepherd Kaplan Krochuk
Massachusetts
$514K
WAM
22
Wolverine Asset Management
Illinois
$503K +$427K +34,811 +469%
AA
23
AQR Arbitrage
Connecticut
$321K +$59.8K +4,869 +22%
CCP
24
Clough Capital Partners
Massachusetts
$273K +$281K +22,900 New
RJT
25
Raymond James Trust
Florida
$233K

DNI Hedge Fund Activity: Q3 2018 in Review

46 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q3 2018, worth a combined $53.8M — down 2.1% from $55M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new DNI positions and 3 closed out — a net gain of 4 holders — while 18 added to existing stakes and 11 trimmed.

The largest buyer was Curi RMB Capital, adding an estimated $938K. The largest seller was Geode Capital Management, cutting an estimated $1.3M.

  • 46 institutional investors held Dividend and Income Fund (DNI) as of Q3 2018, up from 42 in Q2 2018.
  • Funds reported $53.8M of Dividend and Income Fund stock for Q3 2018, down 2.1% quarter-over-quarter.
  • 7 funds opened new Dividend and Income Fund positions in Q3 2018 and 3 closed out, a net change of +4 holders.
  • The largest Dividend and Income Fund buyer in Q3 2018 was Curi RMB Capital, an estimated $938K added.
  • The largest Dividend and Income Fund seller in Q3 2018 was Geode Capital Management, an estimated $1.3M sold.

Based on aggregated 13F filings for Q3 2018.