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DNP Select Income Fund

134 hedge funds and large institutions have $102M invested in DNP Select Income Fund in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 50 increasing their positions, 34 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 34

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.29% less ownership

Funds ownership: 3.69%3.4% (-0.29%)

2% less capital invested

Capital invested by funds: $104M → $102M (-$1.83M)

2% less funds holding

Funds holding: 137134 (-3)

17% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 12

Holders
134
Holders Change
-3
Holders Change %
-2.19%
% of All Funds
3.58%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
50
Reduced
34
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ICAS
26
Investors Capital Advisory Services
Massachusetts
$832K +$1.18K +115 +0.1%
RJFSA
27
Raymond James Financial Services Advisors
Florida
$823K +$22.8K +2,229 +3%
IA
28
IFP Advisors
Florida
$803K +$775K +75,620 New
SBIA
29
Sheaff Brock Investment Advisors
Indiana
$801K +$11.3K +1,107 +1%
MMG
30
Monetary Management Group
Missouri
$763K -$10.2K -1,000 -1%
CCB
31
Cutter & Co Brokerage
Missouri
$749K +$507K +49,500 +236%
Creative Planning
32
Creative Planning
Kansas
$718K +$16.5K +1,609 +2%
HFS
33
HL Financial Services
Kentucky
$715K +$155K +15,107 +29%
Northwestern Mutual Wealth Management
34
Northwestern Mutual Wealth Management
Wisconsin
$697K +$121K +11,828 +22%
AG
35
Advisor Group
Arizona
$652K +$631K +61,596 New
Koshinski Asset Management
36
Koshinski Asset Management
Illinois
$648K +$39.5K +3,850 +7%
LCP
37
Legacy Capital Partners
Wisconsin
$608K +$43K +4,200 +8%
PL
38
Plancorp LLC
Missouri
$515K +$497K +48,490 New
FT
39
Fiduciary Trust
Massachusetts
$499K
CA
40
Cetera Advisors
Colorado
$450K -$13K -1,273 -3%
GWM
41
Geneos Wealth Management
Colorado
$447K -$14.9K -1,458 -3%
William Blair & Company
42
William Blair & Company
Illinois
$415K -$33.6K -3,280 -8%
OC
43
Oarsman Capital
Wisconsin
$402K +$31.5K +3,072 +9%
HRC
44
Hoertkorn Richard Charles
$382K
BRWA
45
B. Riley Wealth Advisors
Florida
$373K +$147K +14,341 +69%
DC
46
Davenport & Co
Virginia
$370K -$24.5K -2,390 -6%
VKH
47
Virtu KCG Holdings
New York
$363K +$220K +21,454 +168%
HI
48
Hudock Inc
Pennsylvania
$342K +$4.18K +408 +1%
Citadel Advisors
49
Citadel Advisors
Florida
$317K +$80K +7,806 +35%
T. Rowe Price Associates
50
T. Rowe Price Associates
Maryland
$304K

DNP Hedge Fund Activity: Q2 2016 in Review

134 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q2 2016, worth a combined $102M — down 1.8% from $104M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of DNP and 10 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 50 added.

The largest buyer was Cambridge Investment Research Advisors, adding an estimated $925K. The largest seller was LPL Financial, cutting an estimated $9.6M.

  • 134 institutional investors held DNP Select Income Fund (DNP) as of Q2 2016, down from 137 in Q1 2016.
  • Funds reported $102M of DNP Select Income Fund stock for Q2 2016, down 1.8% quarter-over-quarter.
  • 10 funds opened new DNP Select Income Fund positions in Q2 2016 and 12 closed out, a net change of -2 holders.
  • The largest DNP Select Income Fund buyer in Q2 2016 was Cambridge Investment Research Advisors, an estimated $925K added.
  • The largest DNP Select Income Fund seller in Q2 2016 was LPL Financial, an estimated $9.6M sold.

Based on aggregated 13F filings for Q2 2016.