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DNI

Dividend and Income Fund

Delisted

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.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

0% more funds holding

Funds holding: 3838 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

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

Holders
38
Holders Change
Holders Change %
0%
% of All Funds
0.77%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
10
Reduced
16
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WC
1
Winmill & Co
New York
$11M +$308K +28,589 +2%
BI
2
Bulldog Investors
New Jersey
$4.85M -$116K -10,753 -2%
BBPWM
3
Blue Bell Private Wealth Management
Pennsylvania
$4.13M +$5.62K +522 +0.1%
RJA
4
Raymond James & Associates
Florida
$3.67M -$87.7K -8,154 -2%
MC
5
Matisse Capital
Oregon
$3.49M -$218K -20,300 -5%
Wells Fargo
6
Wells Fargo
California
$3.07M -$1.79M -166,017 -33%
WP
7
WealthPLAN Partners
Nebraska
$2.04M +$236K +21,932 +11%
SCM
8
Saba Capital Management
New York
$1.97M -$1.3M -121,049 -36%
AAM
9
Advisors Asset Management
Colorado
$1.69M -$58.6K -5,447 -3%
Morgan Stanley
10
Morgan Stanley
New York
$1.43M -$40.9K -3,797 -2%
LPL Financial
11
LPL Financial
California
$1.08M +$155K +14,380 +14%
CL
12
CSS LLC
Illinois
$992K +$384K +35,661 +49%
HighTower Advisors
13
HighTower Advisors
Illinois
$857K +$241K +22,432 +31%
UBS Group
14
UBS Group
Switzerland
$787K -$27.5K -2,555 -3%
AGM
15
Alpine Global Management
New York
$739K +$874K +81,210 New
BFM
16
Boothbay Fund Management
New York
$636K -$104K -9,656 -12%
LCM
17
Landscape Capital Management
New Jersey
$571K +$466K +43,331 +223%
MML Investors Services
18
MML Investors Services
Massachusetts
$528K -$306K -28,451 -33%
GC
19
Guggenheim Capital
Illinois
$384K +$57.6K +5,354 +15%
SKK
20
Shepherd Kaplan Krochuk
Massachusetts
$338K
CCP
21
Cardan Capital Partners
Colorado
$264K -$177K -16,428 -36%
RJT
22
Raymond James Trust
Florida
$211K
Bank of America
23
Bank of America
North Carolina
$195K -$141K -13,111 -38%
WAM
24
Wolverine Asset Management
Illinois
$156K -$238K -22,150 -56%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$153K +$24.5K +2,276 +16%

DNI Hedge Fund Activity: Q3 2020 in Review

38 of the 4,957 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.