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DNP Select Income Fund

246 hedge funds and large institutions have $238M invested in DNP Select Income Fund in 2021 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 90 increasing their positions, 55 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 55

0.7% less ownership

Funds ownership: 7.3%6.6% (-0.7%)

5% less funds holding

Funds holding: 258246 (-12)

8% less capital invested

Capital invested by funds: $259M → $238M (-$20.8M)

35% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 26

Holders
246
Holders Change
-12
Holders Change %
-4.65%
% of All Funds
4.31%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
17
Increased
90
Reduced
55
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BWM
226
Baystate Wealth Management
Massachusetts
$7K +$129 +12 +2%
WWMSC
227
Wagner Wealth Management (South Carolina)
South Carolina
$6K -$3.61K -337 -36%
BWM
228
BerganKDV Wealth Management
Minnesota
$6K
GEA
229
Glen Eagle Advisors
New Jersey
$5.33K
BU
230
BBVA USA
Alabama
$5K
HFS
231
HBC Financial Services
Washington
$5K
KFI
232
Key Financial Inc
Pennsylvania
$5K
PCG
233
Private Capital Group
Connecticut
$5K
HA
234
Herold Advisors
New York
$5K +$5.36K +500 New
CWA
235
Clearview Wealth Advisors
Oregon
$4K
WQ
236
Wealth Quarterback
New Jersey
$4K +$64 +6 +2%
HF
237
Halpern Financial
Virginia
$3.36K
FP
238
Financial Perspectives
Minnesota
$3.24K
TFM
239
TFC Financial Management
Massachusetts
$3K +$43 +4 +2%
Rockefeller Capital Management
240
Rockefeller Capital Management
New York
$3K +$3.21K +300 New
RG
241
Retirement Group
California
$2K
SAM
242
Strategic Asset Management
Minnesota
$2K +$1.7K +159 New
IFAM
243
Institutional & Family Asset Management
Colorado
$1K
SSC
244
Syverson Strege & Co
Iowa
$1K
JPLA
245
Joseph P. Lucia & Associates
New York
$1K +$1.07K +100 New
KIM
246
Karpus Investment Management
New York
-$27.3M -2,612,412 Closed
SDAM
247
Shulman DeMeo Asset Management
New York
-$1.33M -127,310 Closed
DWM
248
Dakota Wealth Management
Florida
-$717K -68,674 Closed
PWM
249
PRW Wealth Management
Massachusetts
-$705K -67,490 Closed
ARC
250
Advisor Resource Council
Texas
-$525K -50,286 Closed

DNP Hedge Fund Activity: Q3 2021 in Review

246 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q3 2021, worth a combined $238M — down 8% from $259M a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of DNP and 17 opened new positions — a net loss of 9 holders — while 55 trimmed existing stakes and 90 added.

The largest buyer was Morgan Stanley, adding an estimated $5.21M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $27.3M sold.

  • 246 institutional investors held DNP Select Income Fund (DNP) as of Q3 2021, down from 258 in Q2 2021.
  • Funds reported $238M of DNP Select Income Fund stock for Q3 2021, down 8% quarter-over-quarter.
  • 17 funds opened new DNP Select Income Fund positions in Q3 2021 and 26 closed out, a net change of -9 holders.
  • The largest DNP Select Income Fund buyer in Q3 2021 was Morgan Stanley, an estimated $5.21M added.
  • The largest DNP Select Income Fund seller in Q3 2021 was Karpus Investment Management, an estimated $27.3M sold.

Based on aggregated 13F filings for Q3 2021.