DNP Select Income Fund
301 hedge funds and large institutions have $331M invested in DNP Select Income Fund in 2024 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 98 increasing their positions, 82 reducing their positions, and 33 closing their positions.
29% more capital invested
Capital invested by funds: $256M → $331M (+$75M)
20% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 82
0.46% more ownership
Funds ownership: 8.64% → 9.1% (+0.46%)
6% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 33
2% less funds holding
Funds holding: 306 → 301 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.72M |
| 2 |
OL
Owen LaRue
Elizabethtown,
Kentucky
|
+$3.03M |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$2.8M |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$1.72M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.9M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.82M |
| 3 |
AFA
American Financial Advisors
Marietta,
Georgia
|
-$932K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$488K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$480K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
326
Cedar Wealth Management
Walnut Creek,
California
| – | -$15.6K | -1,900 | Closed |
|
|
WT
327
Washington Trust
Westerly,
Rhode Island
| – | -$14K | -1,700 | Closed |
|
|
PA
328
Pineridge Advisors
St. Charles,
Missouri
| – | -$8.87K | -1,079 | Closed |
|
|
CTB
329
Country Trust Bank
Bloomington,
Illinois
| – | -$6.49K | -789 | Closed |
|
|
BLC
330
Brown, Lisle/Cummings
Providence,
Rhode Island
| – | -$6.07K | -738 | Closed |
|
|
TWP
331
Triad Wealth Partners
Lawrence,
Kansas
| – | -$4.32K | -525 | Closed |
|
|
GEA
332
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$4.11K | -500 | Closed |
|
|
FMII
333
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$2.06K | -251 | Closed |
|
|
GI
334
Gradient Investments
Arden Hills,
Minnesota
| – | -$334 | -41 | Closed |
|
335
Fidelity Investments
Boston,
Massachusetts
| – | -$16 | -2 | Closed |
|
DNP Hedge Fund Activity: Q3 2024 in Review
301 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q3 2024, worth a combined $331M — up 29% from $256M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of DNP and 31 opened new positions — a net loss of 2 holders — while 82 trimmed existing stakes and 98 added.
The largest buyer was Morgan Stanley, adding an estimated $9.72M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.9M sold.
- 301 institutional investors held DNP Select Income Fund (DNP) as of Q3 2024, down from 306 in Q2 2024.
- Funds reported $331M of DNP Select Income Fund stock for Q3 2024, up 29% quarter-over-quarter.
- 31 funds opened new DNP Select Income Fund positions in Q3 2024 and 33 closed out, a net change of -2 holders.
- The largest DNP Select Income Fund buyer in Q3 2024 was Morgan Stanley, an estimated $9.72M added.
- The largest DNP Select Income Fund seller in Q3 2024 was Wolverine Asset Management, an estimated $1.9M sold.
Based on aggregated 13F filings for Q3 2024.