Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
45 hedge funds and large institutions have $57.4M 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.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
10% more funds holding
Funds holding: 41 → 45 (+4)
5% more capital invested
Capital invested by funds: $54.6M → $57.4M (+$2.78M)
1.32% more ownership
Funds ownership: 38.89% → 40.2% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.09M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.26M |
| 3 |
MWPCG
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
|
+$415K |
| 4 |
AGM
Alpine Global Management
New York
|
+$311K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.72M |
| 2 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$488K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$377K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$312K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$293K |
DNI Hedge Fund Activity: Q2 2019 in Review
45 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q2 2019, worth a combined $57.4M — up 5.1% 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 $57.4M of Dividend and Income Fund stock for Q2 2019, up 5.1% 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.