Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
38 hedge funds and large institutions have $55.5M invested in Dividend and Income Fund in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
12% more capital invested
Capital invested by funds: $49.5M → $55.5M (+$5.94M)
6% more funds holding
Funds holding: 36 → 38 (+2)
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$612K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$596K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$397K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$382K |
| 5 |
WC
Winmill & Co
Rochester,
New York
|
+$271K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.47M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$1.06M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$630K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$265K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$263K |
DNI Hedge Fund Activity: Q2 2020 in Review
38 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q2 2020, worth a combined $55.5M — up 12% from $49.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DNI positions and 3 closed out — a net gain of 2 holders — while 11 added to existing stakes and 17 trimmed.
The largest buyer was UBS Group, adding an estimated $612K. The largest seller was Landscape Capital Management, cutting an estimated $1.47M.
- 38 institutional investors held Dividend and Income Fund (DNI) as of Q2 2020, up from 36 in Q1 2020.
- Funds reported $55.5M of Dividend and Income Fund stock for Q2 2020, up 12% quarter-over-quarter.
- 5 funds opened new Dividend and Income Fund positions in Q2 2020 and 3 closed out, a net change of +2 holders.
- The largest Dividend and Income Fund buyer in Q2 2020 was UBS Group, an estimated $612K added.
- The largest Dividend and Income Fund seller in Q2 2020 was Landscape Capital Management, an estimated $1.47M sold.
Based on aggregated 13F filings for Q2 2020.