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DNP Select Income Fund

134 hedge funds and large institutions have $102M invested in DNP Select Income Fund in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 50 increasing their positions, 34 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 34

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.29% less ownership

Funds ownership: 3.69%3.4% (-0.29%)

2% less capital invested

Capital invested by funds: $104M → $102M (-$1.83M)

2% less funds holding

Funds holding: 137134 (-3)

17% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 12

Holders
134
Holders Change
-3
Holders Change %
-2.19%
% of All Funds
3.58%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
50
Reduced
34
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SAA
76
Southeast Asset Advisors
Georgia
$164K +$594 +58 +0.4%
IP
77
Investment Partners
Ohio
$158K -$2.23M -217,251 -94%
HighTower Advisors
78
HighTower Advisors
Illinois
$152K -$3.56K -347 -2%
PA
79
Planning Alternatives
Michigan
$152K
SAM
80
SignalPoint Asset Management
Missouri
$152K +$2.03K +198 +1%
PSUF
81
People's United Financial
Connecticut
$148K
TWA
82
TCI Wealth Advisors
Arizona
$146K +$2.62K +256 +2%
BWAM
83
Boyd Watterson Asset Management
Ohio
$144K
BTS
84
BB&T Securities
Virginia
$143K -$23.5K -2,293 -14%
NPC
85
National Planning Corporation
California
$138K +$135K +13,143 New
JIC
86
Johnson Investment Counsel
Ohio
$136K +$6.48K +632 +5%
Stifel Financial
87
Stifel Financial
Missouri
$136K +$130K +12,693 New
SCM
88
Schnieders Capital Management
California
$134K -$10.2K -1,000 -7%
IIM
89
Ipswich Investment Management
Massachusetts
$131K
FHA
90
First Horizon Advisors
Tennessee
$130K -$27.7K -2,700 -18%
GG
91
Gofen & Glossberg
Illinois
$128K
FAAS
92
First Allied Advisory Services
California
$118K -$6.75K -659 -6%
SMH
93
Sanders Morris Harris
Texas
$117K
AFP
94
Ausdal Financial Partners
Iowa
$114K +$717 +70 +0.7%
KeyBank National Association
95
KeyBank National Association
Ohio
$113K
LNWWM
96
Laird Norton Wetherby Wealth Management
California
$113K +$2.03K +198 +2%
Millennium Management
97
Millennium Management
New York
$112K -$32.8K -3,200 -23%
ASN
98
Advisory Services Network
Georgia
$112K +$20.6K +2,012 +24%
SBH
99
Segall Bryant & Hamill
Illinois
$106K
AIM
100
Advantage Investment Management
Iowa
$97K -$20.5K -2,000 -18%

DNP Hedge Fund Activity: Q2 2016 in Review

134 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q2 2016, worth a combined $102M — down 1.8% from $104M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of DNP and 10 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 50 added.

The largest buyer was Cambridge Investment Research Advisors, adding an estimated $925K. The largest seller was LPL Financial, cutting an estimated $9.6M.

  • 134 institutional investors held DNP Select Income Fund (DNP) as of Q2 2016, down from 137 in Q1 2016.
  • Funds reported $102M of DNP Select Income Fund stock for Q2 2016, down 1.8% quarter-over-quarter.
  • 10 funds opened new DNP Select Income Fund positions in Q2 2016 and 12 closed out, a net change of -2 holders.
  • The largest DNP Select Income Fund buyer in Q2 2016 was Cambridge Investment Research Advisors, an estimated $925K added.
  • The largest DNP Select Income Fund seller in Q2 2016 was LPL Financial, an estimated $9.6M sold.

Based on aggregated 13F filings for Q2 2016.