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DNP Select Income Fund

255 hedge funds and large institutions have $289M invested in DNP Select Income Fund in 2021 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 86 increasing their positions, 54 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 19

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

59% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 54

48% more capital invested

Capital invested by funds: $195M → $289M (+$93.5M)

9% more funds holding

Funds holding: 233255 (+22)

2.31% more ownership

Funds ownership: 6.31%8.62% (+2.3%)

Holders
255
Holders Change
+22
Holders Change %
+9.44%
% of All Funds
4.48%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
42
Increased
86
Reduced
54
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RG
251
Retirement Group
California
$2K
TFM
252
TFC Financial Management
Massachusetts
$2K +$51 +5 +2%
IFAM
253
Institutional & Family Asset Management
Colorado
$1K
SSC
254
Syverson Strege & Co
Iowa
$1K
SWM
255
Sugarloaf Wealth Management
Georgia
$48
Northern Trust
256
Northern Trust
Illinois
-$648K -63,124 Closed
FI
257
FormulaFolio Investments
Michigan
-$337K -32,842 Closed
Koshinski Asset Management
258
Koshinski Asset Management
Illinois
-$191K -18,607 Closed
KIA
259
KCM Investment Advisors
California
-$176K -17,112 Closed
FFN
260
Focus Financial Network
Minnesota
-$166K -16,120 Closed
CW
261
CreativeOne Wealth
Kansas
-$139K -13,525 Closed
KA
262
Kovack Advisors
Florida
-$118K -11,479 Closed
HIS
263
Horizon Investment Services
Indiana
-$116K -11,350 Closed
IP
264
Isthmus Partners
Wisconsin
-$110K -10,722 Closed
JIC
265
Johnson Investment Counsel
Ohio
-$104K -10,095 Closed
TPWA
266
TRUE Private Wealth Advisors
Oregon
-$88K -8,544 Closed
LGA
267
Lebenthal Global Advisors
New York
-$33K -3,305 Closed
D
268
Diversified
Delaware
-$31K -3,075 Closed
RWB
269
RMR Wealth Builders
New Jersey
-$29K -2,803 Closed
RMC
270
Resources Management Corp
Connecticut
-$18K -1,800 Closed
BWA
271
Burt Wealth Advisors
Maryland
-$18K -1,750 Closed
IA
272
Inspire Advisors
Idaho
-$15K -1,450 Closed
TIAM2
273
Tru Independence Asset Management 2
Oregon
-$9K -900 Closed
OIM
274
Oder Investment Management
California
-$4K -438 Closed
Fidelity Investments
275
Fidelity Investments
Massachusetts
-$10 -1 -50%

DNP Hedge Fund Activity: Q1 2021 in Review

255 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2021, worth a combined $289M — up 48% from $195M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new DNP positions and 19 closed out — a net gain of 23 holders — while 86 added to existing stakes and 54 trimmed.

The largest buyer was Karpus Investment Management, opening a new position worth an estimated $75.3M. The largest seller was Morgan Stanley, cutting an estimated $2.93M.

  • 255 institutional investors held DNP Select Income Fund (DNP) as of Q1 2021, up from 233 in Q4 2020.
  • Funds reported $289M of DNP Select Income Fund stock for Q1 2021, up 48% quarter-over-quarter.
  • 42 funds opened new DNP Select Income Fund positions in Q1 2021 and 19 closed out, a net change of +23 holders.
  • The largest DNP Select Income Fund buyer in Q1 2021 was Karpus Investment Management, an estimated $75.3M added.
  • The largest DNP Select Income Fund seller in Q1 2021 was Morgan Stanley, an estimated $2.93M sold.

Based on aggregated 13F filings for Q1 2021.