DNP Select Income Fund
134 hedge funds and large institutions have $130M invested in DNP Select Income Fund in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 33 reducing their positions, and 12 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 33
0.03% less ownership
Funds ownership: 4.67% → 4.64% (-0.03%)
1% less funds holding
Funds holding: 135 → 134 (-1)
4% less capital invested
Capital invested by funds: $136M → $130M (-$5.86M)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$531K |
| 2 |
Morgan Stanley
New York
|
+$446K |
| 3 |
CNB
City National Bank
Beverly Hills,
California
|
+$387K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$367K |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$835K |
| 2 |
LPL Financial
San Diego,
California
|
-$654K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$605K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$541K |
| 5 |
Jane Street
New York
|
-$327K |
DNP Hedge Fund Activity: Q3 2014 in Review
134 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q3 2014, worth a combined $130M — down 4.3% from $136M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of DNP and 11 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 37 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $531K. The largest seller was Bank of Montreal, cutting an estimated $835K.
- 134 institutional investors held DNP Select Income Fund (DNP) as of Q3 2014, down from 135 in Q2 2014.
- Funds reported $130M of DNP Select Income Fund stock for Q3 2014, down 4.3% quarter-over-quarter.
- 11 funds opened new DNP Select Income Fund positions in Q3 2014 and 12 closed out, a net change of -1 holder.
- The largest DNP Select Income Fund buyer in Q3 2014 was Commonwealth Equity Services, an estimated $531K added.
- The largest DNP Select Income Fund seller in Q3 2014 was Bank of Montreal, an estimated $835K sold.
Based on aggregated 13F filings for Q3 2014.