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DNP Select Income Fund

255 hedge funds and large institutions have $289M invested in DNP Select Income Fund in 2021 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 86 increasing their positions, 54 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 19

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

59% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 54

48% more capital invested

Capital invested by funds: $195M → $289M (+$93.5M)

9% more funds holding

Funds holding: 233255 (+22)

2.31% more ownership

Funds ownership: 6.31%8.62% (+2.3%)

Holders
255
Holders Change
+22
Holders Change %
+9.44%
% of All Funds
4.48%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
42
Increased
86
Reduced
54
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HRC
101
Hoertkorn Richard Charles
$289K
MIAN
102
Mariner Independent Advisor Network
Kansas
$285K -$8.67K -848 -3%
NAS
103
Nicolet Advisory Services
Wisconsin
$285K -$5.28K -517 -2%
RFM
104
Royal Fund Management
Florida
$284K +$150K +14,723 +105%
FPB
105
First PREMIER Bank
South Dakota
$275K
CG
106
Colony Group
Massachusetts
$265K +$274K +26,772 New
SWP
107
Stratos Wealth Partners
Ohio
$263K +$153 +15 +0.1%
BF
108
BOK Financial
Oklahoma
$255K -$66.3K -6,487 -20%
EH
109
Equitable Holdings
New York
$252K +$25.5K +2,492 +11%
RFN
110
RDA Financial Network
Iowa
$250K +$79.2K +7,747 +44%
RBFC
111
Roman Butler Fullerton & Co
Missouri
$249K +$11K +1,072 +5%
FFWM
112
Future Financial Wealth Management
Ohio
$245K +$21K +2,052 +9%
NEWAS
113
N.E.W. Advisory Services
Wisconsin
$240K
MWM
114
Mission Wealth Management
California
$238K
WB
115
Webster Bank
Connecticut
$233K +$21.6K +2,111 +10%
HH
116
Hilltop Holdings
Texas
$224K +$129K +12,635 +126%
HIC
117
Harvey Investment Company
Kentucky
$222K
GVAG
118
Great Valley Advisor Group
Delaware
$221K +$54K +5,288 +31%
Fifth Third Bancorp
119
Fifth Third Bancorp
Ohio
$219K -$60.3K -5,900 -21%
BAM
120
Belpointe Asset Management
Nevada
$216K +$102 +10 +0%
SS
121
Sunbelt Securities
Texas
$209K -$50.7K -4,959 -19%
Citigroup
122
Citigroup
New York
$207K -$26.2K -2,566 -11%
FNT
123
First Nebraska Trust
Nebraska
$203K +$210K +20,503 New
SPC
124
Sigma Planning Corp
Michigan
$202K -$1.25K -122 -0.6%
NFG
125
Next Financial Group
Texas
$199K -$4.95K -484 -2%

DNP Hedge Fund Activity: Q1 2021 in Review

255 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2021, worth a combined $289M — up 48% from $195M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new DNP positions and 19 closed out — a net gain of 23 holders — while 86 added to existing stakes and 54 trimmed.

The largest buyer was Karpus Investment Management, opening a new position worth an estimated $75.3M. The largest seller was Morgan Stanley, cutting an estimated $2.93M.

  • 255 institutional investors held DNP Select Income Fund (DNP) as of Q1 2021, up from 233 in Q4 2020.
  • Funds reported $289M of DNP Select Income Fund stock for Q1 2021, up 48% quarter-over-quarter.
  • 42 funds opened new DNP Select Income Fund positions in Q1 2021 and 19 closed out, a net change of +23 holders.
  • The largest DNP Select Income Fund buyer in Q1 2021 was Karpus Investment Management, an estimated $75.3M added.
  • The largest DNP Select Income Fund seller in Q1 2021 was Morgan Stanley, an estimated $2.93M sold.

Based on aggregated 13F filings for Q1 2021.