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DNP Select Income Fund

304 hedge funds and large institutions have $323M invested in DNP Select Income Fund in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 103 increasing their positions, 73 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 73

4% more capital invested

Capital invested by funds: $310M → $323M (+$12.8M)

0.56% less ownership

Funds ownership: 10.27%9.71% (-0.56%)

9% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 32

3% less funds holding

Funds holding: 312304 (-8)

Holders
304
Holders Change
-8
Holders Change %
-2.56%
% of All Funds
4.38%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
29
Increased
103
Reduced
73
Closed
32
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SVWAG
26
Sound View Wealth Advisors Group
Georgia
$2.49M -$61.1K -6,919 -2%
SFS
27
Sowell Financial Services
Arkansas
$2.28M +$1.21M +137,200 +122%
SWA
28
Stratos Wealth Advisors
Ohio
$1.85M +$146K +16,490 +9%
RJFSA
29
Raymond James Financial Services Advisors
Florida
$1.69M -$698 -79 -0%
Wells Fargo
30
Wells Fargo
California
$1.6M +$937K +106,067 +151%
PAG
31
Private Advisor Group
New Jersey
$1.58M -$78.4K -8,867 -5%
Rockefeller Capital Management
32
Rockefeller Capital Management
New York
$1.54M +$82.4K +9,322 +6%
BCWM
33
Bartlett & Co Wealth Management
Ohio
$1.47M
VCM
34
Virtue Capital Management
Tennessee
$1.38M +$1.37M +154,631 New
VCM
35
Vivaldi Capital Management
Illinois
$1.37M
DADC
36
D.A. Davidson & Co
Montana
$1.32M -$85.4K -9,665 -6%
KAS
37
Kestra Advisory Services
Texas
$1.31M -$106K -11,977 -8%
Cohen & Steers
38
Cohen & Steers
New York
$1.3M +$946K +107,000 +290%
MML Investors Services
39
MML Investors Services
Massachusetts
$1.17M -$61.3K -6,939 -5%
SC
40
Scotia Capital
Ontario, Canada
$1.14M +$32.4K +3,667 +3%
AWS
41
Atria Wealth Solutions
New York
$1.13M -$362 -41 -0%
IFG
42
Independent Financial Group
California
$1.1M +$126K +14,306 +13%
IWM
43
IHT Wealth Management
Illinois
$1.09M -$51.3K -5,800 -5%
SYBT
44
Stock Yards Bank & Trust
Kentucky
$1.06M +$740K +83,686 +251%
Envestnet Asset Management
45
Envestnet Asset Management
Illinois
$1.03M +$165K +18,721 +20%
SAW
46
Signal Advisors Wealth
Michigan
$1M +$30.6K +3,461 +3%
FWM
47
Foguth Wealth Management
Michigan
$1M +$979K +110,789 New
OL
48
Owen LaRue
Kentucky
$998K -$197K -22,325 -17%
CPSC
49
Carl P. Sherr & Co
Massachusetts
$993K -$28.3K -3,198 -3%
SDAM
50
Shulman DeMeo Asset Management
New York
$973K -$4.83K -547 -0.5%

DNP Hedge Fund Activity: Q1 2024 in Review

304 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2024, worth a combined $323M — up 4.1% from $310M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of DNP and 29 opened new positions — a net loss of 3 holders — while 73 trimmed existing stakes and 103 added.

The largest buyer was Hartline Investment Corp, opening a new position worth an estimated $10.3M. The largest seller was Morgan Stanley, cutting an estimated $38.9M.

  • 304 institutional investors held DNP Select Income Fund (DNP) as of Q1 2024, down from 312 in Q4 2023.
  • Funds reported $323M of DNP Select Income Fund stock for Q1 2024, up 4.1% quarter-over-quarter.
  • 29 funds opened new DNP Select Income Fund positions in Q1 2024 and 32 closed out, a net change of -3 holders.
  • The largest DNP Select Income Fund buyer in Q1 2024 was Hartline Investment Corp, an estimated $10.3M added.
  • The largest DNP Select Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $38.9M sold.

Based on aggregated 13F filings for Q1 2024.