DNP Select Income Fund
226 hedge funds and large institutions have $244M invested in DNP Select Income Fund in 2019 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 75 increasing their positions, 40 reducing their positions, and 10 closing their positions.
320% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 10
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
88% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 40
14% more capital invested
Capital invested by funds: $213M → $244M (+$30.2M)
14% more funds holding
Funds holding: 199 → 226 (+27)
0.82% more ownership
Funds ownership: 5.57% → 6.39% (+0.82%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
American Financial Advisors
Marietta,
Georgia
|
+$3.97M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$2.86M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$2.62M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.57M |
| 5 |
Morgan Stanley
New York
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.27M |
| 2 |
DWA
Douglass Winthrop Advisors
New York
|
-$980K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$762K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$533K |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$446K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DWA
226
Douglass Winthrop Advisors
New York
| – | -$980K | -76,200 | Closed |
|
|
TF
227
TIAA FSB
Jacksonville,
Florida
| – | -$336K | -26,133 | Closed |
|
228
AssetMark Inc
Concord,
California
| – | -$201K | -15,650 | Closed |
|
229
Envestnet Asset Management
Chicago,
Illinois
| – | -$197K | -15,301 | Closed |
|
|
MA
230
MONECO Advisors
Fairfield,
Connecticut
| – | -$188K | -14,586 | Closed |
|
|
UCFA
231
United Capital Financial Advisors
Irving,
Texas
| – | -$145K | -11,241 | Closed |
|
|
GSWM
232
Golden State Wealth Management
Santa Ana,
California
| – | -$51K | -4,000 | Closed |
|
|
LG
233
LaFleur & Godfrey
Grand Rapids,
Michigan
| – | -$40K | -3,080 | Closed |
|
|
QCIG
234
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$27K | -2,070 | Closed |
|
|
RAM
235
Riggs Asset Management
Dallas,
Pennsylvania
| – | -$1K | -135 | Closed |
|
236
Fidelity Investments
Boston,
Massachusetts
| – | -$13 | -1 | -25% |
|
DNP Hedge Fund Activity: Q4 2019 in Review
226 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q4 2019, worth a combined $244M — up 14% from $213M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new DNP positions and 10 closed out — a net gain of 32 holders — while 75 added to existing stakes and 40 trimmed.
The largest buyer was American Financial Advisors, adding an estimated $3.97M. The largest seller was Private Advisor Group, cutting an estimated $1.27M.
- 226 institutional investors held DNP Select Income Fund (DNP) as of Q4 2019, up from 199 in Q3 2019.
- Funds reported $244M of DNP Select Income Fund stock for Q4 2019, up 14% quarter-over-quarter.
- 42 funds opened new DNP Select Income Fund positions in Q4 2019 and 10 closed out, a net change of +32 holders.
- The largest DNP Select Income Fund buyer in Q4 2019 was American Financial Advisors, an estimated $3.97M added.
- The largest DNP Select Income Fund seller in Q4 2019 was Private Advisor Group, an estimated $1.27M sold.
Based on aggregated 13F filings for Q4 2019.