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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 $70.3M invested in Dividend and Income Fund in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

33% more capital invested

Capital invested by funds: $52.7M → $70.3M (+$17.6M)

7% less funds holding

Funds holding: 4542 (-3)

22% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 18

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

Holders
42
Holders Change
-3
Holders Change %
-6.67%
% of All Funds
0.92%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
2
Increased
14
Reduced
18
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WC
1
Winmill & Co
New York
$13.5M +$13.1M +1,132,825 New
RJA
2
Raymond James & Associates
Florida
$6.58M -$1.71M -147,933 -21%
BBPWM
3
Blue Bell Private Wealth Management
Pennsylvania
$5.32M +$10.1K +877 +0.2%
BI
4
Bulldog Investors
New Jersey
$4.95M +$52.8K +4,572 +1%
SCM
5
Saba Capital Management
New York
$4.8M
MC
6
Matisse Capital
Oregon
$4.25M +$20.8K +1,800 +0.5%
LCM
7
Landscape Capital Management
New Jersey
$4.14M +$131K +11,301 +3%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$3.29M -$233K -20,194 -7%
Wells Fargo
9
Wells Fargo
California
$3.17M +$288K +24,903 +10%
WP
10
WealthPLAN Partners
Nebraska
$2.34M -$31.7K -2,744 -1%
NAM
11
Nexpoint Asset Management
Texas
$2.26M +$2.18M +188,768 New
Morgan Stanley
12
Morgan Stanley
New York
$2.18M +$168K +14,545 +9%
MML Investors Services
13
MML Investors Services
Massachusetts
$1.37M -$550K -47,598 -29%
AA
14
Ancora Advisors
Ohio
$1.33M +$196K +17,000 +18%
HighTower Advisors
15
HighTower Advisors
Illinois
$1.19M -$2.14K -185 -0.2%
BlackRock
16
BlackRock
New York
$1.1M
CL
17
CSS LLC
Illinois
$950K +$15.8K +1,366 +2%
LPL Financial
18
LPL Financial
California
$823K -$26.2K -2,271 -3%
PAG
19
Private Advisor Group
New Jersey
$766K -$533K -46,159 -42%
Bank of America
20
Bank of America
North Carolina
$699K +$34.8K +3,013 +5%
DA
21
Doliver Advisors
Texas
$570K -$37.1K -3,207 -6%
SKK
22
Shepherd Kaplan Krochuk
Massachusetts
$544K +$4.62K +400 +0.9%
AA
23
AQR Arbitrage
Connecticut
$530K -$24.1K -2,082 -4%
GC
24
Guggenheim Capital
Illinois
$438K -$59.2K -5,119 -12%
MWPCG
25
Measured Wealth Private Client Group
New Hampshire
$429K

DNI Hedge Fund Activity: Q3 2019 in Review

42 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q3 2019, worth a combined $70.3M — up 33% from $52.7M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of DNI and 2 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 14 added.

The largest buyer was Wells Fargo, adding an estimated $288K. The largest seller was Raymond James & Associates, cutting an estimated $1.71M.

  • 42 institutional investors held Dividend and Income Fund (DNI) as of Q3 2019, down from 45 in Q2 2019.
  • Funds reported $70.3M of Dividend and Income Fund stock for Q3 2019, up 33% quarter-over-quarter.
  • 2 funds opened new Dividend and Income Fund positions in Q3 2019 and 4 closed out, a net change of -2 holders.
  • The largest Dividend and Income Fund buyer in Q3 2019 was Wells Fargo, an estimated $288K added.
  • The largest Dividend and Income Fund seller in Q3 2019 was Raymond James & Associates, an estimated $1.71M sold.

Based on aggregated 13F filings for Q3 2019.