DNP Select Income Fund
192 hedge funds and large institutions have $136M invested in DNP Select Income Fund in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 59 increasing their positions, 38 reducing their positions, and 14 closing their positions.
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
55% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 38
14% more capital invested
Capital invested by funds: $119M → $136M (+$16.9M)
5% more funds holding
Funds holding: 183 → 192 (+9)
0.13% more ownership
Funds ownership: 4% → 4.13% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$868K |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$718K |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$650K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$554K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$424K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
-$1.05M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$518K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$495K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$349K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$187K |
DNP Hedge Fund Activity: Q2 2018 in Review
192 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q2 2018, worth a combined $136M — up 14% from $119M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new DNP positions and 14 closed out — a net gain of 10 holders — while 59 added to existing stakes and 38 trimmed.
The largest buyer was Cornerstone Wealth Management, opening a new position worth an estimated $868K. The largest seller was Southport Capital Management, exiting entirely with an estimated $1.05M sold.
- 192 institutional investors held DNP Select Income Fund (DNP) as of Q2 2018, up from 183 in Q1 2018.
- Funds reported $136M of DNP Select Income Fund stock for Q2 2018, up 14% quarter-over-quarter.
- 24 funds opened new DNP Select Income Fund positions in Q2 2018 and 14 closed out, a net change of +10 holders.
- The largest DNP Select Income Fund buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $868K added.
- The largest DNP Select Income Fund seller in Q2 2018 was Southport Capital Management, an estimated $1.05M sold.
Based on aggregated 13F filings for Q2 2018.