Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
41 hedge funds and large institutions have $54.6M invested in Dividend and Income Fund in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 6 closing their positions.
14% more capital invested
Capital invested by funds: $47.8M → $54.6M (+$6.83M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.34% less ownership
Funds ownership: 40.23% → 38.89% (-1.3%)
9% less funds holding
Funds holding: 45 → 41 (-4)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$842K |
| 2 |
LPL Financial
San Diego,
California
|
+$487K |
| 3 |
Morgan Stanley
New York
|
+$285K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$203K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.09M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.05M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$525K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$271K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$223K |
DNI Hedge Fund Activity: Q1 2019 in Review
41 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q1 2019, worth a combined $54.6M — up 14% from $47.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DNI and 2 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 11 added.
The largest buyer was Landscape Capital Management, adding an estimated $842K. The largest seller was Bank of America, cutting an estimated $1.09M.
- 41 institutional investors held Dividend and Income Fund (DNI) as of Q1 2019, down from 45 in Q4 2018.
- Funds reported $54.6M of Dividend and Income Fund stock for Q1 2019, up 14% quarter-over-quarter.
- 2 funds opened new Dividend and Income Fund positions in Q1 2019 and 6 closed out, a net change of -4 holders.
- The largest Dividend and Income Fund buyer in Q1 2019 was Landscape Capital Management, an estimated $842K added.
- The largest Dividend and Income Fund seller in Q1 2019 was Bank of America, an estimated $1.09M sold.
Based on aggregated 13F filings for Q1 2019.