Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
41 hedge funds and large institutions have $79.5M invested in Dividend and Income Fund in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 5 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more capital invested
Capital invested by funds: $70.3M → $79.5M (+$9.26M)
0.31% more ownership
Funds ownership: 47.38% → 47.69% (+0.31%)
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
2% less funds holding
Funds holding: 42 → 41 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.91M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$825K |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$740K |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$432K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$364K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$1.01M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$850K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$636K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$352K |
| 5 |
AGM
Alpine Global Management
New York
|
-$316K |
DNI Hedge Fund Activity: Q4 2019 in Review
41 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q4 2019, worth a combined $79.5M — up 13% from $70.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DNI and 4 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 15 added.
The largest buyer was Bulldog Investors, adding an estimated $1.91M. The largest seller was Nexpoint Asset Management, cutting an estimated $1.01M.
- 41 institutional investors held Dividend and Income Fund (DNI) as of Q4 2019, down from 42 in Q3 2019.
- Funds reported $79.5M of Dividend and Income Fund stock for Q4 2019, up 13% quarter-over-quarter.
- 4 funds opened new Dividend and Income Fund positions in Q4 2019 and 5 closed out, a net change of -1 holder.
- The largest Dividend and Income Fund buyer in Q4 2019 was Bulldog Investors, an estimated $1.91M added.
- The largest Dividend and Income Fund seller in Q4 2019 was Nexpoint Asset Management, an estimated $1.01M sold.
Based on aggregated 13F filings for Q4 2019.