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DNI

Dividend and Income Fund

Delisted

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

45 hedge funds and large institutions have $52.7M invested in Dividend and Income Fund in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

10% more funds holding

Funds holding: 4145 (+4)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less capital invested

Capital invested by funds: $54.6M → $52.7M (-$1.93M)

38% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 16

Holders
45
Holders Change
+4
Holders Change %
+9.76%
% of All Funds
0.98%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
10
Reduced
16
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$8.06M -$1.72M -148,606 -18%
BBPWM
2
Blue Bell Private Wealth Management
Pennsylvania
$5.12M -$187K -16,166 -4%
SCM
3
Saba Capital Management
New York
$4.63M +$3.09M +267,128 +198%
MC
4
Matisse Capital
Oregon
$4.08M
LCM
5
Landscape Capital Management
New Jersey
$3.87M +$13.2K +1,139 +0.3%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$3.41M -$78.1K -6,752 -2%
Wells Fargo
7
Wells Fargo
California
$2.77M +$217K +18,744 +8%
HCMT
8
Highland Capital Management (Texas)
Texas
$2.17M -$488K -42,200 -18%
WP
9
WealthPLAN Partners
Nebraska
$2.15M +$28.1K +2,432 +1%
Morgan Stanley
10
Morgan Stanley
New York
$1.93M +$87.5K +7,569 +5%
MML Investors Services
11
MML Investors Services
Massachusetts
$1.87M +$12.9K +1,116 +0.7%
PAG
12
Private Advisor Group
New Jersey
$1.26M +$1.26M +108,932 New
HighTower Advisors
13
HighTower Advisors
Illinois
$1.15M -$7.81K -675 -0.7%
AA
14
Ancora Advisors
Ohio
$1.09M
BlackRock
15
BlackRock
New York
$1.06M
CL
16
CSS LLC
Illinois
$901K +$15.8K +1,365 +2%
LPL Financial
17
LPL Financial
California
$821K +$99.5K +8,603 +14%
Bank of America
18
Bank of America
North Carolina
$639K -$60.7K -5,247 -9%
DA
19
Doliver Advisors
Texas
$596K -$231K -19,937 -28%
CRC
20
Curi RMB Capital
Illinois
$549K -$312K -26,954 -36%
AA
21
AQR Arbitrage
Connecticut
$535K -$5.92K -512 -1%
SKK
22
Shepherd Kaplan Krochuk
Massachusetts
$520K
GC
23
Guggenheim Capital
Illinois
$482K -$112K -9,699 -19%
WAM
24
Wolverine Asset Management
Illinois
$428K -$139K -12,041 -24%
MWPCG
25
Measured Wealth Private Client Group
New Hampshire
$414K +$415K +35,880 New

DNI Hedge Fund Activity: Q2 2019 in Review

45 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q2 2019, worth a combined $52.7M — down 3.5% from $54.6M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new DNI positions and 4 closed out — a net gain of 4 holders — while 10 added to existing stakes and 16 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $3.09M. The largest seller was Raymond James & Associates, cutting an estimated $1.72M.

  • 45 institutional investors held Dividend and Income Fund (DNI) as of Q2 2019, up from 41 in Q1 2019.
  • Funds reported $52.7M of Dividend and Income Fund stock for Q2 2019, down 3.5% quarter-over-quarter.
  • 8 funds opened new Dividend and Income Fund positions in Q2 2019 and 4 closed out, a net change of +4 holders.
  • The largest Dividend and Income Fund buyer in Q2 2019 was Saba Capital Management, an estimated $3.09M added.
  • The largest Dividend and Income Fund seller in Q2 2019 was Raymond James & Associates, an estimated $1.72M sold.

Based on aggregated 13F filings for Q2 2019.