DNP Select Income Fund
183 hedge funds and large institutions have $119M invested in DNP Select Income Fund in 2018 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 59 increasing their positions, 44 reducing their positions, and 22 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 44
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.16% less ownership
Funds ownership: 4.16% → 4% (-0.16%)
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
2% less funds holding
Funds holding: 186 → 183 (-3)
7% less capital invested
Capital invested by funds: $128M → $119M (-$9.11M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.73M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.25M |
| 3 |
DWA
Douglass Winthrop Advisors
New York
|
+$787K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$573K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$487K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.92M |
| 2 |
Morgan Stanley
New York
|
-$1.9M |
| 3 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
-$611K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$514K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$397K |
DNP Hedge Fund Activity: Q1 2018 in Review
183 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2018, worth a combined $119M — down 7.1% from $128M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of DNP and 21 opened new positions — a net loss of 1 holder — while 44 trimmed existing stakes and 59 added.
The largest buyer was LPL Financial, adding an estimated $1.73M. The largest seller was Bank of America, cutting an estimated $3.92M.
- 183 institutional investors held DNP Select Income Fund (DNP) as of Q1 2018, down from 186 in Q4 2017.
- Funds reported $119M of DNP Select Income Fund stock for Q1 2018, down 7.1% quarter-over-quarter.
- 21 funds opened new DNP Select Income Fund positions in Q1 2018 and 22 closed out, a net change of -1 holder.
- The largest DNP Select Income Fund buyer in Q1 2018 was LPL Financial, an estimated $1.73M added.
- The largest DNP Select Income Fund seller in Q1 2018 was Bank of America, an estimated $3.92M sold.
Based on aggregated 13F filings for Q1 2018.