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DNP Select Income Fund

255 hedge funds and large institutions have $289M invested in DNP Select Income Fund in 2021 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 86 increasing their positions, 54 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 19

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

59% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 54

48% more capital invested

Capital invested by funds: $195M → $289M (+$93.5M)

9% more funds holding

Funds holding: 233255 (+22)

2.31% more ownership

Funds ownership: 6.31%8.62% (+2.3%)

Holders
255
Holders Change
+22
Holders Change %
+9.44%
% of All Funds
4.48%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
42
Increased
86
Reduced
54
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
26
Wells Fargo
California
$1.76M +$104K +10,222 +6%
Lido Advisors
27
Lido Advisors
California
$1.73M +$1.77M +173,474 New
BCWM
28
Bartlett & Co Wealth Management
Ohio
$1.67M
BC
29
Bartlett & Co
Ohio
$1.66M
SG
30
StoneX Group
New York
$1.65M -$312K -30,498 -15%
EVM
31
Eaton Vance Management
Massachusetts
$1.52M -$1.02M -99,813 -39%
US Bancorp
32
US Bancorp
Minnesota
$1.51M +$66.7K +6,522 +4%
MML Investors Services
33
MML Investors Services
Massachusetts
$1.43M -$171K -16,774 -10%
ACP
34
Aviance Capital Partners
Florida
$1.39M -$179K -17,543 -11%
WAM
35
Wolverine Asset Management
Illinois
$1.33M +$964K +94,312 +235%
SDAM
36
Shulman DeMeo Asset Management
New York
$1.27M +$29.3K +2,869 +2%
IWM
37
IHT Wealth Management
Illinois
$1.24M -$2.28M -223,227 -64%
DWM
38
Dakota Wealth Management
Florida
$1.12M +$1.16M +113,313 New
HI
39
Harbour Investments
Wisconsin
$1.01M +$1.04M +101,859 New
IP
40
Investment Partners
Ohio
$879K +$188K +18,358 +26%
PFT
41
Providence First Trust
Arizona
$873K -$25.1K -2,453 -3%
PAG
42
Private Advisor Group
New Jersey
$788K -$246K -24,069 -23%
MW
43
Marcum Wealth
Ohio
$759K +$545K +53,348 +228%
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$745K +$365K +35,677 +90%
Thrivent Financial for Lutherans
45
Thrivent Financial for Lutherans
Minnesota
$729K +$199K +19,519 +36%
IFG
46
Independent Financial Group
California
$729K +$87.2K +8,532 +13%
Truist Financial
47
Truist Financial
North Carolina
$718K -$219K -21,447 -23%
Bank of Montreal
48
Bank of Montreal
Ontario, Canada
$709K +$35.3K +3,453 +5%
DC
49
Davenport & Co
Virginia
$703K -$10.2K -1,002 -1%
PNC Financial Services Group
50
PNC Financial Services Group
Pennsylvania
$681K -$225K -22,009 -24%

DNP Hedge Fund Activity: Q1 2021 in Review

255 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2021, worth a combined $289M — up 48% from $195M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new DNP positions and 19 closed out — a net gain of 23 holders — while 86 added to existing stakes and 54 trimmed.

The largest buyer was Karpus Investment Management, opening a new position worth an estimated $75.3M. The largest seller was Morgan Stanley, cutting an estimated $2.93M.

  • 255 institutional investors held DNP Select Income Fund (DNP) as of Q1 2021, up from 233 in Q4 2020.
  • Funds reported $289M of DNP Select Income Fund stock for Q1 2021, up 48% quarter-over-quarter.
  • 42 funds opened new DNP Select Income Fund positions in Q1 2021 and 19 closed out, a net change of +23 holders.
  • The largest DNP Select Income Fund buyer in Q1 2021 was Karpus Investment Management, an estimated $75.3M added.
  • The largest DNP Select Income Fund seller in Q1 2021 was Morgan Stanley, an estimated $2.93M sold.

Based on aggregated 13F filings for Q1 2021.