DNP Select Income Fund
228 hedge funds and large institutions have $185M invested in DNP Select Income Fund in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 67 increasing their positions, 55 reducing their positions, and 13 closing their positions.
108% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 13
22% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 55
5% more funds holding
Funds holding: 217 → 228 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.07% less ownership
Funds ownership: 6.18% → 6.11% (-0.07%)
9% less capital invested
Capital invested by funds: $203M → $185M (-$17.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.34M |
| 2 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$1.15M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$769K |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$703K |
| 5 |
MMG
Monetary Management Group
St Louis,
Missouri
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.75M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.02M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$1.55M |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$831K |
| 5 |
AFA
American Financial Advisors
Marietta,
Georgia
|
-$549K |
DNP Hedge Fund Activity: Q3 2020 in Review
228 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q3 2020, worth a combined $185M — down 8.8% from $203M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new DNP positions and 13 closed out — a net gain of 14 holders — while 67 added to existing stakes and 55 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.34M. The largest seller was Bank of America, cutting an estimated $3.75M.
- 228 institutional investors held DNP Select Income Fund (DNP) as of Q3 2020, up from 217 in Q2 2020.
- Funds reported $185M of DNP Select Income Fund stock for Q3 2020, down 8.8% quarter-over-quarter.
- 27 funds opened new DNP Select Income Fund positions in Q3 2020 and 13 closed out, a net change of +14 holders.
- The largest DNP Select Income Fund buyer in Q3 2020 was Morgan Stanley, an estimated $1.34M added.
- The largest DNP Select Income Fund seller in Q3 2020 was Bank of America, an estimated $3.75M sold.
Based on aggregated 13F filings for Q3 2020.