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DNP Select Income Fund

138 hedge funds and large institutions have $95M invested in DNP Select Income Fund in 2015 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 38 increasing their positions, 41 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 16

10% more capital invested

Capital invested by funds: $86.2M → $95M (+$8.79M)

4% more funds holding

Funds holding: 133138 (+5)

0.35% more ownership

Funds ownership: 3.43%3.78% (+0.35%)

7% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 41

Holders
138
Holders Change
+5
Holders Change %
+3.76%
% of All Funds
3.62%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
21
Increased
38
Reduced
41
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
26
Raymond James Financial Services Advisors
Florida
$665K +$106K +11,273 +18%
MMG
27
Monetary Management Group
Missouri
$652K -$61K -6,475 -8%
AA
28
Apriem Advisors
California
$642K
IA
29
IFP Advisors
Florida
$619K +$651K +69,106 New
Creative Planning
30
Creative Planning
Kansas
$590K -$71K -7,539 -10%
HFS
31
HL Financial Services
Kentucky
$563K +$32.7K +3,475 +6%
LCP
32
Legacy Capital Partners
Wisconsin
$534K +$226K +24,000 +68%
PAG
33
Private Advisor Group
New Jersey
$523K +$74.1K +7,873 +16%
NPC
34
National Planning Corporation
California
$522K +$519K +55,069 New
Baird Financial Group
35
Baird Financial Group
Wisconsin
$500K +$18.8K +2,000 +4%
RFC
36
Regions Financial Corp
Alabama
$467K
Northwestern Mutual Wealth Management
37
Northwestern Mutual Wealth Management
Wisconsin
$467K +$414K +43,920 +539%
PL
38
Plancorp LLC
Missouri
$434K
FT
39
Fiduciary Trust
Massachusetts
$421K
CA
40
Cetera Advisors
Colorado
$391K +$297K +31,513 +261%
Janney Montgomery Scott
41
Janney Montgomery Scott
Pennsylvania
$379K -$16K -1,700 -4%
Citadel Advisors
42
Citadel Advisors
Florida
$371K +$390K +41,439 New
William Blair & Company
43
William Blair & Company
Illinois
$370K -$11.9K -1,260 -3%
Susquehanna International Group
44
Susquehanna International Group
Pennsylvania
$361K +$379K +40,258 New
YCM
45
Yakira Capital Management
Connecticut
$348K -$64K -6,800 -15%
Ameriprise
46
Ameriprise
Minnesota
$325K +$101K +10,753 +42%
HRC
47
Hoertkorn Richard Charles
$323K -$207K -22,000 -38%
OC
48
Oarsman Capital
Wisconsin
$321K +$4.63K +492 +1%
BRWA
49
B. Riley Wealth Advisors
Florida
$320K -$60.2K -6,395 -15%
DC
50
Davenport & Co
Virginia
$316K -$7.33K -778 -2%

DNP Hedge Fund Activity: Q4 2015 in Review

138 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q4 2015, worth a combined $95M — up 10% from $86.2M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new DNP positions and 16 closed out — a net gain of 5 holders — while 38 added to existing stakes and 41 trimmed.

The largest buyer was LPL Financial, adding an estimated $9.55M. The largest seller was Invesco, exiting entirely with an estimated $4.35M sold.

  • 138 institutional investors held DNP Select Income Fund (DNP) as of Q4 2015, up from 133 in Q3 2015.
  • Funds reported $95M of DNP Select Income Fund stock for Q4 2015, up 10% quarter-over-quarter.
  • 21 funds opened new DNP Select Income Fund positions in Q4 2015 and 16 closed out, a net change of +5 holders.
  • The largest DNP Select Income Fund buyer in Q4 2015 was LPL Financial, an estimated $9.55M added.
  • The largest DNP Select Income Fund seller in Q4 2015 was Invesco, an estimated $4.35M sold.

Based on aggregated 13F filings for Q4 2015.