DNP Select Income Fund
287 hedge funds and large institutions have $327M invested in DNP Select Income Fund in 2022 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 103 increasing their positions, 58 reducing their positions, and 19 closing their positions.
105% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 19
78% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 58
15% more capital invested
Capital invested by funds: $284M → $327M (+$42.7M)
6% more funds holding
Funds holding: 272 → 287 (+15)
0.41% more ownership
Funds ownership: 8.08% → 8.49% (+0.41%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
+$5.71M |
| 2 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$4.15M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.02M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.84M |
| 5 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.1M |
| 2 |
Cohen & Steers
New York
|
-$3.57M |
| 3 |
IP
Investment Partners
New Philadelphia,
Ohio
|
-$3.42M |
| 4 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$311K |
| 5 |
NAM
NorthCrest Asset Manangement
Plymouth,
Minnesota
|
-$309K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RA
301
Resolute Advisors
San Francisco,
California
| – | -$79K | -7,602 | Closed |
|
|
EC
302
EdgeRock Capital
Denver,
Colorado
| – | -$61K | -5,923 | Closed |
|
303
Jones Financial Companies
Des Peres,
Missouri
| – | -$27K | -2,650 | Closed |
|
|
SWM
304
Selective Wealth Management
Forest,
Virginia
| – | -$27K | -2,576 | Closed |
|
|
SSB
305
Sandy Spring Bank
Olney,
Maryland
| – | -$23K | -2,224 | Closed |
|
|
FCAS
306
First Command Advisory Services
Fort Worth,
Texas
| – | -$5K | -465 | Closed |
|
307
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$4K | -400 | Closed |
|
DNP Hedge Fund Activity: Q4 2022 in Review
287 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q4 2022, worth a combined $327M — up 15% from $284M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new DNP positions and 19 closed out — a net gain of 20 holders — while 103 added to existing stakes and 58 trimmed.
The largest buyer was Cetera Advisors, adding an estimated $5.71M. The largest seller was Morgan Stanley, cutting an estimated $4.1M.
- 287 institutional investors held DNP Select Income Fund (DNP) as of Q4 2022, up from 272 in Q3 2022.
- Funds reported $327M of DNP Select Income Fund stock for Q4 2022, up 15% quarter-over-quarter.
- 39 funds opened new DNP Select Income Fund positions in Q4 2022 and 19 closed out, a net change of +20 holders.
- The largest DNP Select Income Fund buyer in Q4 2022 was Cetera Advisors, an estimated $5.71M added.
- The largest DNP Select Income Fund seller in Q4 2022 was Morgan Stanley, an estimated $4.1M sold.
Based on aggregated 13F filings for Q4 2022.