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DNP Select Income Fund

222 hedge funds and large institutions have $177M invested in DNP Select Income Fund in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 70 increasing their positions, 59 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 59

17% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 18

0.48% less ownership

Funds ownership: 6.39%5.92% (-0.48%)

2% less funds holding

Funds holding: 226222 (-4)

27% less capital invested

Capital invested by funds: $244M → $177M (-$67M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
222
Holders Change
-4
Holders Change %
-1.77%
% of All Funds
4.89%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
21
Increased
70
Reduced
59
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NRI
26
NFP Retirement Inc
California
$1.33M +$249K +20,801 +18%
SG
27
StoneX Group
New York
$1.28M +$558K +46,547 +56%
EPWM
28
Essex Private Wealth Management
Massachusetts
$1.1M -$2.23K -186 -0.2%
MA
29
Mutual Advisors
Nebraska
$991K +$156K +12,988 +15%
VCP
30
Verus Capital Partners
Arizona
$991K +$779K +64,936 +179%
Creative Planning
31
Creative Planning
Kansas
$952K +$94.5K +7,880 +9%
PNC Financial Services Group
32
PNC Financial Services Group
Pennsylvania
$931K +$381K +31,748 +50%
PAG
33
Private Advisor Group
New Jersey
$927K +$79.7K +6,643 +8%
MMG
34
Monetary Management Group
Missouri
$927K +$487K +40,600 +75%
PFT
35
Providence First Trust
Arizona
$834K
Cetera Investment Advisers
36
Cetera Investment Advisers
Illinois
$765K +$92K +7,674 +11%
HighTower Advisors
37
HighTower Advisors
Illinois
$732K +$121K +10,093 +16%
WPC
38
Waters Parkerson & Co
Louisiana
$699K -$52.8K -4,400 -6%
BA
39
Bennicas & Associates
California
$681K -$51.3K -4,281 -6%
PG
40
Patten Group
Tennessee
$680K -$34K -2,837 -4%
IP
41
Investment Partners
Ohio
$674K +$657K +54,813 +390%
LCP
42
Legacy Capital Partners
Wisconsin
$662K -$177K -14,765 -18%
NAS
43
Nicolet Advisory Services
Wisconsin
$657K +$99.7K +8,315 +14%
GWM
44
GSB Wealth Management
Connecticut
$647K -$731K -60,944 -48%
BSW
45
Buckingham Strategic Wealth
Missouri
$634K +$484K +40,338 +165%
DC
46
Davenport & Co
Virginia
$622K -$45.7K -3,807 -6%
WB
47
WesBanco Bank
West Virginia
$601K -$21.6K -1,801 -3%
BF
48
BOK Financial
Oklahoma
$580K -$838K -69,854 -54%
SFM
49
Signet Financial Management
New Jersey
$569K
CPSC
50
Carl P. Sherr & Co
Massachusetts
$504K

DNP Hedge Fund Activity: Q1 2020 in Review

222 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2020, worth a combined $177M — down 27% from $244M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new DNP positions and 18 closed out — a net gain of 3 holders — while 70 added to existing stakes and 59 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $2.1M. The largest seller was J.W. Cole Advisors, cutting an estimated $7.67M.

  • 222 institutional investors held DNP Select Income Fund (DNP) as of Q1 2020, down from 226 in Q4 2019.
  • Funds reported $177M of DNP Select Income Fund stock for Q1 2020, down 27% quarter-over-quarter.
  • 21 funds opened new DNP Select Income Fund positions in Q1 2020 and 18 closed out, a net change of +3 holders.
  • The largest DNP Select Income Fund buyer in Q1 2020 was Morgan Stanley, an estimated $2.1M added.
  • The largest DNP Select Income Fund seller in Q1 2020 was J.W. Cole Advisors, an estimated $7.67M sold.

Based on aggregated 13F filings for Q1 2020.