Dividend and Income Fund
DNI
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.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
22% more capital invested
Capital invested by funds: $57.4M → $70.3M (+$12.9M)
7.18% more ownership
Funds ownership: 40.2% → 47.38% (+7.2%)
7% less funds holding
Funds holding: 45 → 42 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$288K |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$196K |
| 3 |
Vanguard Capital Wealth Advisors
Denver,
Colorado
|
+$181K |
| 4 |
Morgan Stanley
New York
|
+$168K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.71M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$550K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$533K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$344K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$236K |
DNI Hedge Fund Activity: Q3 2019 in Review
42 of the 4,574 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 22% from $57.4M 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 22% 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.