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DNP Select Income Fund

129 hedge funds and large institutions have $119M invested in DNP Select Income Fund in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 48 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 16

5% more capital invested

Capital invested by funds: $113M → $119M (+$5.87M)

0.32% more ownership

Funds ownership: 4.3%4.62% (+0.32%)

0% more funds holding

Funds holding: 129129 (0)

46% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 48

Holders
129
Holders Change
Holders Change %
0%
% of All Funds
3.74%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
18
Increased
26
Reduced
48
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
26
Bank of Montreal
Ontario, Canada
$812K -$21.2K -2,200 -2%
CAN
27
Cetera Advisor Networks
California
$811K +$506K +52,590 +159%
AA
28
Apriem Advisors
California
$766K -$4.57K -475 -0.6%
MMG
29
Monetary Management Group
Missouri
$757K -$3.37K -350 -0.4%
AIS
30
American Investment Services
Massachusetts
$698K -$54.7K -5,678 -7%
AIG
31
American International Group
New York
$651K -$14.4K -1,500 -2%
PNC Financial Services Group
32
PNC Financial Services Group
Pennsylvania
$567K
Northern Trust
33
Northern Trust
Illinois
$534K +$115K +11,935 +27%
OC
34
Oarsman Capital
Wisconsin
$518K +$3.48K +361 +0.7%
RFC
35
Regions Financial Corp
Alabama
$516K
IH
36
IFC Holdings
Florida
$512K -$48K -4,986 -9%
Mariner
37
Mariner
Kansas
$446K +$3.42K +355 +0.8%
FT
38
Fiduciary Trust
Massachusetts
$443K -$72.3K -7,511 -14%
LCP
39
Legacy Capital Partners
Wisconsin
$392K -$28.9K -3,000 -7%
B
40
Baird
Wisconsin
$384K -$11.6K -1,200 -3%
PAG
41
Private Advisor Group
New Jersey
$377K +$386K +40,031 New
SHA
42
Smith Hayes Advisers
Nebraska
$374K +$29.1K +3,023 +8%
William Blair & Company
43
William Blair & Company
Illinois
$355K -$96.4K -10,005 -21%
Janney Montgomery Scott
44
Janney Montgomery Scott
Pennsylvania
$344K +$23.3K +2,415 +7%
HI
45
Hudock Inc
Pennsylvania
$337K -$761 -79 -0.2%
Cambridge Investment Research Advisors
46
Cambridge Investment Research Advisors
Iowa
$335K +$8.06K +837 +2%
DC
47
Davenport & Co
Virginia
$332K -$57.5K -5,972 -14%
SM
48
Stratton Management
Pennsylvania
$324K -$9.63K -1,000 -3%
CFB
49
Cullen/Frost Bankers
Texas
$324K
KeyBank National Association
50
KeyBank National Association
Ohio
$300K -$5.87K -610 -2%

DNP Hedge Fund Activity: Q4 2013 in Review

129 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q4 2013, worth a combined $119M — up 5.2% from $113M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new DNP positions and 16 closed out — a net gain of 2 holders — while 26 added to existing stakes and 48 trimmed.

The largest buyer was LPL Financial, adding an estimated $6.4M. The largest seller was TCV Trust & Wealth Management, exiting entirely with an estimated $2.04M sold.

  • 129 institutional investors held DNP Select Income Fund (DNP) as of Q4 2013, unchanged from Q3 2013.
  • Funds reported $119M of DNP Select Income Fund stock for Q4 2013, up 5.2% quarter-over-quarter.
  • 18 funds opened new DNP Select Income Fund positions in Q4 2013 and 16 closed out, a net change of +2 holders.
  • The largest DNP Select Income Fund buyer in Q4 2013 was LPL Financial, an estimated $6.4M added.
  • The largest DNP Select Income Fund seller in Q4 2013 was TCV Trust & Wealth Management, an estimated $2.04M sold.

Based on aggregated 13F filings for Q4 2013.