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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.

New
Increased
Maintained
Reduced
Closed

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: 255258 (+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: 20 (-2)

Holders
258
Holders Change
+3
Holders Change %
+1.18%
% of All Funds
4.49%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
24
Increased
100
Reduced
57
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GW
51
GW & Wade
Massachusetts
$746K +$208K +20,110 +39%
EPWM
52
Essex Private Wealth Management
Massachusetts
$741K +$147K +14,205 +25%
PNC Financial Services Group
53
PNC Financial Services Group
Pennsylvania
$720K
DWM
54
Dakota Wealth Management
Florida
$717K -$461K -44,639 -39%
LCP
55
Legacy Capital Partners
Wisconsin
$713K +$3.82K +370 +0.5%
BA
56
Bennicas & Associates
California
$710K
PG
57
Patten Group
Tennessee
$705K -$7.38K -715 -1%
Fisher Asset Management
58
Fisher Asset Management
Washington
$705K +$383K +37,111 +122%
PWM
59
PRW Wealth Management
Massachusetts
$705K +$697K +67,490 New
HighTower Advisors
60
HighTower Advisors
Illinois
$678K +$23.1K +2,239 +4%
WB
61
WesBanco Bank
West Virginia
$662K +$22.3K +2,160 +4%
Cetera Investment Advisers
62
Cetera Investment Advisers
Illinois
$651K -$53.3K -5,165 -8%
KFGK
63
Keystone Financial Group (Kentucky)
Kentucky
$642K +$91.7K +8,881 +17%
Truist Financial
64
Truist Financial
North Carolina
$624K -$135K -13,030 -18%
WPC
65
Waters Parkerson & Co
Louisiana
$622K -$20.7K -2,000 -3%
Mariner
66
Mariner
Kansas
$560K +$250K +24,164 +82%
CA
67
Cetera Advisors
Colorado
$553K +$27.1K +2,623 +5%
SC
68
Scotia Capital
Ontario, Canada
$540K +$80.9K +7,833 +18%
BWAM
69
Boyd Watterson Asset Management
Ohio
$537K +$1.8K +174 +0.3%
VR
70
Viridian RIA
Washington
$534K
ARC
71
Advisor Resource Council
Texas
$525K +$519K +50,286 New
RFN
72
RDA Financial Network
Iowa
$524K +$257K +24,840 +98%
RIL
73
Rothschild Investment LLC
Illinois
$519K +$36.1K +3,500 +8%
MAFM
74
Mid Atlantic Financial Management
Pennsylvania
$517K +$67.1K +6,500 +15%
Creative Planning
75
Creative Planning
Kansas
$513K -$52.6K -5,093 -9%

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.