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DNP Select Income Fund

201 hedge funds and large institutions have $167M invested in DNP Select Income Fund in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 62 increasing their positions, 41 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

87% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 15

51% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 41

26% more capital invested

Capital invested by funds: $132M → $167M (+$34.8M)

6% more funds holding

Funds holding: 190201 (+11)

0.56% more ownership

Funds ownership: 4.35%4.91% (+0.56%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
201
Holders Change
+11
Holders Change %
+5.79%
% of All Funds
4.35%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
28
Increased
62
Reduced
41
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SDAM
26
Shulman DeMeo Asset Management
New York
$1.71M -$22.1K -1,972 -1%
RJFSA
27
Raymond James Financial Services Advisors
Florida
$1.53M -$25.3K -2,253 -2%
PNC Financial Services Group
28
PNC Financial Services Group
Pennsylvania
$1.43M -$11.9K -1,059 -0.8%
PAG
29
Private Advisor Group
New Jersey
$1.31M +$96.5K +8,603 +8%
SI
30
Stephens Inc
Arkansas
$1.24M +$1.21M +107,506 New
MWM
31
Mascoma Wealth Management
New Hampshire
$1.08M +$16.8K +1,500 +2%
PFT
32
Providence First Trust
Arizona
$944K -$26.5K -2,362 -3%
DWA
33
Douglass Winthrop Advisors
New York
$879K
BA
34
Bennicas & Associates
California
$864K
WPC
35
Waters Parkerson & Co
Louisiana
$851K -$177K -15,800 -18%
Creative Planning
36
Creative Planning
Kansas
$850K +$23.8K +2,120 +3%
HFS
37
HL Financial Services
Kentucky
$825K +$210K +18,746 +36%
WB
38
WesBanco Bank
West Virginia
$798K +$461K +41,061 +146%
PG
39
Patten Group
Tennessee
$759K -$80.1K -7,141 -10%
AWM
40
AE Wealth Management
Kansas
$736K +$370K +33,017 +107%
NAS
41
Nicolet Advisory Services
Wisconsin
$710K +$690K +61,555 New
DC
42
Davenport & Co
Virginia
$701K +$2.46K +219 +0.4%
SS
43
Simplicity Solutions
Minnesota
$673K +$308K +27,440 +89%
Millennium Management
44
Millennium Management
New York
$654K +$636K +56,751 New
MMG
45
Monetary Management Group
Missouri
$635K -$67.3K -6,000 -10%
LCP
46
Legacy Capital Partners
Wisconsin
$630K +$71.2K +6,350 +13%
SFM
47
Signet Financial Management
New Jersey
$611K
HighTower Advisors
48
HighTower Advisors
Illinois
$575K +$112K +9,973 +25%
FT
49
Fiduciary Trust
Massachusetts
$542K
CIAS
50
Capital Investment Advisory Services
North Carolina
$530K -$43.2K -3,849 -8%

DNP Hedge Fund Activity: Q1 2019 in Review

201 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2019, worth a combined $167M — up 26% from $132M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new DNP positions and 15 closed out — a net gain of 13 holders — while 62 added to existing stakes and 41 trimmed.

The largest buyer was American Financial Advisors, adding an estimated $11.7M. The largest seller was Ameriprise, exiting entirely with an estimated $2.06M sold.

  • 201 institutional investors held DNP Select Income Fund (DNP) as of Q1 2019, up from 190 in Q4 2018.
  • Funds reported $167M of DNP Select Income Fund stock for Q1 2019, up 26% quarter-over-quarter.
  • 28 funds opened new DNP Select Income Fund positions in Q1 2019 and 15 closed out, a net change of +13 holders.
  • The largest DNP Select Income Fund buyer in Q1 2019 was American Financial Advisors, an estimated $11.7M added.
  • The largest DNP Select Income Fund seller in Q1 2019 was Ameriprise, an estimated $2.06M sold.

Based on aggregated 13F filings for Q1 2019.