DNP Select Income Fund
129 hedge funds and large institutions have $113M invested in DNP Select Income Fund in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 34 increasing their positions, 37 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
2% more funds holding
Funds holding: 126 → 129 (+3)
0.07% less ownership
Funds ownership: 4.37% → 4.3% (-0.07%)
3% less capital invested
Capital invested by funds: $116M → $113M (-$3.01M)
8% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 37
Top Buyers
| 1 |
LPL Financial
San Diego,
California
|
+$6.28M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$2.8M |
| 3 |
Morgan Stanley
New York
|
+$1.44M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.18M |
| 5 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
+$341K |
Top Sellers
DNP Hedge Fund Activity: Q3 2013 in Review
129 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q3 2013, worth a combined $113M — down 2.6% from $116M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new DNP positions and 11 closed out — a net gain of 5 holders — while 34 added to existing stakes and 37 trimmed.
The largest buyer was LPL Financial, adding an estimated $6.28M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $5.42M sold.
- 129 institutional investors held DNP Select Income Fund (DNP) as of Q3 2013, up from 126 in Q2 2013.
- Funds reported $113M of DNP Select Income Fund stock for Q3 2013, down 2.6% quarter-over-quarter.
- 16 funds opened new DNP Select Income Fund positions in Q3 2013 and 11 closed out, a net change of +5 holders.
- The largest DNP Select Income Fund buyer in Q3 2013 was LPL Financial, an estimated $6.28M added.
- The largest DNP Select Income Fund seller in Q3 2013 was Rivernorth Capital Management, an estimated $5.42M sold.
Based on aggregated 13F filings for Q3 2013.