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DNP Select Income Fund

246 hedge funds and large institutions have $238M invested in DNP Select Income Fund in 2021 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 90 increasing their positions, 55 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 55

0.7% less ownership

Funds ownership: 7.3%6.6% (-0.7%)

5% less funds holding

Funds holding: 258246 (-12)

8% less capital invested

Capital invested by funds: $259M → $238M (-$20.8M)

35% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 26

Holders
246
Holders Change
-12
Holders Change %
-4.65%
% of All Funds
4.31%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
17
Increased
90
Reduced
55
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Mariner
51
Mariner
Kansas
$745K +$175K +16,358 +31%
PNC Financial Services Group
52
PNC Financial Services Group
Pennsylvania
$734K
SWA
53
Stratos Wealth Advisors
Ohio
$724K +$217K +20,209 +42%
BA
54
Bennicas & Associates
California
$723K -$1.34K -125 -0.2%
PG
55
Patten Group
Tennessee
$723K +$3.75K +350 +0.5%
IWM
56
IHT Wealth Management
Illinois
$701K -$123K -11,502 -15%
Truist Financial
57
Truist Financial
North Carolina
$682K +$46.4K +4,327 +7%
CA
58
Cetera Advisors
Colorado
$680K +$117K +10,906 +21%
Cetera Investment Advisers
59
Cetera Investment Advisers
Illinois
$672K +$7K +653 +1%
HighTower Advisors
60
HighTower Advisors
Illinois
$639K -$55.3K -5,160 -8%
WB
61
WesBanco Bank
West Virginia
$622K -$53.6K -5,000 -8%
EPWM
62
Essex Private Wealth Management
Massachusetts
$621K -$136K -12,668 -18%
WPC
63
Waters Parkerson & Co
Louisiana
$616K -$19.3K -1,800 -3%
SC
64
Scotia Capital
Ontario, Canada
$616K +$65.5K +6,116 +12%
BWAM
65
Boyd Watterson Asset Management
Ohio
$549K +$1.82K +170 +0.3%
RFN
66
RDA Financial Network
Iowa
$543K +$8.66K +808 +2%
SFS
67
Sowell Financial Services
Arkansas
$536K -$454K -42,400 -46%
CIG
68
Cairn Investment Group
Washington
$511K -$2.46K -230 -0.5%
KPWS
69
Kestra Private Wealth Services
Texas
$508K +$15.3K +1,432 +3%
CIAS
70
Capital Investment Advisory Services
North Carolina
$504K +$13.3K +1,237 +3%
KFGK
71
Keystone Financial Group (Kentucky)
Kentucky
$498K -$158K -14,757 -24%
CPO
72
Cerity Partners OCIO
New York
$493K +$49.1K +4,580 +11%
Creative Planning
73
Creative Planning
Kansas
$486K -$38.1K -3,552 -7%
GW
74
GW & Wade
Massachusetts
$477K -$285K -26,630 -37%
AWM
75
AE Wealth Management
Kansas
$463K +$90.5K +8,443 +24%

DNP Hedge Fund Activity: Q3 2021 in Review

246 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q3 2021, worth a combined $238M — down 8% from $259M a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of DNP and 17 opened new positions — a net loss of 9 holders — while 55 trimmed existing stakes and 90 added.

The largest buyer was Morgan Stanley, adding an estimated $5.21M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $27.3M sold.

  • 246 institutional investors held DNP Select Income Fund (DNP) as of Q3 2021, down from 258 in Q2 2021.
  • Funds reported $238M of DNP Select Income Fund stock for Q3 2021, down 8% quarter-over-quarter.
  • 17 funds opened new DNP Select Income Fund positions in Q3 2021 and 26 closed out, a net change of -9 holders.
  • The largest DNP Select Income Fund buyer in Q3 2021 was Morgan Stanley, an estimated $5.21M added.
  • The largest DNP Select Income Fund seller in Q3 2021 was Karpus Investment Management, an estimated $27.3M sold.

Based on aggregated 13F filings for Q3 2021.