DNP Select Income Fund
312 hedge funds and large institutions have $310M invested in DNP Select Income Fund in 2023 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 72 increasing their positions, 97 reducing their positions, and 22 closing their positions.
141% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 22
9% more funds holding
Funds holding: 287 → 312 (+25)
1.26% more ownership
Funds ownership: 9.01% → 10.27% (+1.3%)
2% more capital invested
Capital invested by funds: $305M → $310M (+$5.12M)
26% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 97
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$38.5M |
| 2 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
+$7.23M |
| 3 |
MG
Marex Group
London,
|
+$2.67M |
| 4 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$1.73M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.49M |
Top Sellers
| 1 |
LPL Financial
San Diego,
California
|
-$2.58M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.28M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$2.22M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.72M |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$1.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
326
Two Sigma Securities
New York
| – | -$96.5K | -10,136 | Closed |
|
|
BP
327
Broadleaf Partners
Hudson,
Ohio
| – | -$95.2K | -10,000 | Closed |
|
|
SCA
328
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$53.5K | -5,623 | Closed |
|
|
JFGIW
329
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$53.4K | -5,573 | Closed |
|
330
Jones Financial Companies
Des Peres,
Missouri
| – | -$16.6K | -1,748 | Closed |
|
|
CSPIA
331
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$11.9K | -1,255 | Closed |
|
|
HL
332
HeadInvest LLC
Portland,
Maine
| – | -$9.14K | -1,000 | Closed |
|
|
FP
333
Financial Perspectives
Minneapolis,
Minnesota
| – | -$2.89K | -304 | Closed |
|
|
HF
334
Halpern Financial
Ashburn,
Virginia
| – | -$2K | -210 | Closed |
|
|
FCAS
335
First Command Advisory Services
Fort Worth,
Texas
| – | +$15.7K | +1,734 | New |
|
DNP Hedge Fund Activity: Q4 2023 in Review
312 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q4 2023, worth a combined $310M — up 1.7% from $305M a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new DNP positions and 22 closed out — a net gain of 31 holders — while 72 added to existing stakes and 97 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $38.5M. The largest seller was LPL Financial, cutting an estimated $2.58M.
- 312 institutional investors held DNP Select Income Fund (DNP) as of Q4 2023, up from 287 in Q3 2023.
- Funds reported $310M of DNP Select Income Fund stock for Q4 2023, up 1.7% quarter-over-quarter.
- 53 funds opened new DNP Select Income Fund positions in Q4 2023 and 22 closed out, a net change of +31 holders.
- The largest DNP Select Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $38.5M added.
- The largest DNP Select Income Fund seller in Q4 2023 was LPL Financial, an estimated $2.58M sold.
Based on aggregated 13F filings for Q4 2023.