DNP Select Income Fund
258 hedge funds and large institutions have $259M invested in DNP Select Income Fund in 2021 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 100 increasing their positions, 57 reducing their positions, and 19 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 57
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
1% more funds holding
Funds holding: 255 → 258 (+3)
1.31% less ownership
Funds ownership: 8.62% → 7.3% (-1.3%)
10% less capital invested
Capital invested by funds: $289M → $259M (-$30.2M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$6.66M |
| 2 |
Morgan Stanley
New York
|
+$4.43M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.45M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.35M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$49.1M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$7.13M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$5.99M |
| 4 |
SFG
SageGuard Financial Group
Goodlettsville,
Tennessee
|
-$2.22M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.16M |
DNP Hedge Fund Activity: Q2 2021 in Review
258 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q2 2021, worth a combined $259M — down 10% from $289M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new DNP positions and 19 closed out — a net gain of 5 holders — while 100 added to existing stakes and 57 trimmed.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $6.66M. The largest seller was Karpus Investment Management, cutting an estimated $49.1M.
- 258 institutional investors held DNP Select Income Fund (DNP) as of Q2 2021, up from 255 in Q1 2021.
- Funds reported $259M of DNP Select Income Fund stock for Q2 2021, down 10% quarter-over-quarter.
- 24 funds opened new DNP Select Income Fund positions in Q2 2021 and 19 closed out, a net change of +5 holders.
- The largest DNP Select Income Fund buyer in Q2 2021 was Cohen & Steers, an estimated $6.66M added.
- The largest DNP Select Income Fund seller in Q2 2021 was Karpus Investment Management, an estimated $49.1M sold.
Based on aggregated 13F filings for Q2 2021.