Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
38 hedge funds and large institutions have $45.9M invested in Dividend and Income Fund in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 38 → 38 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.14% less ownership
Funds ownership: 43.59% → 40.45% (-3.1%)
17% less capital invested
Capital invested by funds: $55.5M → $45.9M (-$9.61M)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
+$874K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$466K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$384K |
| 4 |
WC
Winmill & Co
Walpole,
New Hampshire
|
+$308K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.79M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.3M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.19M |
| 4 |
BlackRock
New York
|
-$479K |
| 5 |
MWPCG
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
|
-$365K |
DNI Hedge Fund Activity: Q3 2020 in Review
38 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q3 2020, worth a combined $45.9M — down 17% from $55.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DNI positions and 7 closed out — a net gain of 1 holder — while 10 added to existing stakes and 16 trimmed.
The largest buyer was Alpine Global Management, opening a new position worth an estimated $874K. The largest seller was Wells Fargo, cutting an estimated $1.79M.
- 38 institutional investors held Dividend and Income Fund (DNI) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $45.9M of Dividend and Income Fund stock for Q3 2020, down 17% quarter-over-quarter.
- 8 funds opened new Dividend and Income Fund positions in Q3 2020 and 7 closed out, a net change of +1 holder.
- The largest Dividend and Income Fund buyer in Q3 2020 was Alpine Global Management, an estimated $874K added.
- The largest Dividend and Income Fund seller in Q3 2020 was Wells Fargo, an estimated $1.79M sold.
Based on aggregated 13F filings for Q3 2020.