Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
36 hedge funds and large institutions have $49.5M invested in Dividend and Income Fund in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 6 closing their positions.
12% less funds holding
Funds holding: 41 → 36 (-5)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
38% less capital invested
Capital invested by funds: $79.5M → $49.5M (-$30M)
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.24M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.13M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$990K |
| 4 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$789K |
| 5 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
+$338K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
-$2.57M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.47M |
| 3 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$1.44M |
| 4 |
SCM
Saba Capital Management
New York
|
-$696K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$597K |
DNI Hedge Fund Activity: Q1 2020 in Review
36 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q1 2020, worth a combined $49.5M — down 38% from $79.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DNI and 4 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 10 added.
The largest buyer was Wells Fargo, adding an estimated $3.24M. The largest seller was Geode Capital Management, cutting an estimated $2.57M.
- 36 institutional investors held Dividend and Income Fund (DNI) as of Q1 2020, down from 41 in Q4 2019.
- Funds reported $49.5M of Dividend and Income Fund stock for Q1 2020, down 38% quarter-over-quarter.
- 4 funds opened new Dividend and Income Fund positions in Q1 2020 and 6 closed out, a net change of -2 holders.
- The largest Dividend and Income Fund buyer in Q1 2020 was Wells Fargo, an estimated $3.24M added.
- The largest Dividend and Income Fund seller in Q1 2020 was Geode Capital Management, an estimated $2.57M sold.
Based on aggregated 13F filings for Q1 2020.