DNP Select Income Fund
183 hedge funds and large institutions have $142M invested in DNP Select Income Fund in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 57 increasing their positions, 37 reducing their positions, and 19 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 37
4% more capital invested
Capital invested by funds: $136M → $142M (+$5.76M)
0.14% more ownership
Funds ownership: 4.13% → 4.28% (+0.14%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 192 → 183 (-9)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.26M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.18M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$684K |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$681K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
+$673K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
-$952K |
| 2 |
PL
Plancorp LLC
Saint Louis,
Missouri
|
-$523K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$479K |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$309K |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$263K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
201
Trilogy Capital
Irvine,
California
| – | -$8.33K | -757 | -99% |
|
|
PMFA
202
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$6K | -600 | Closed |
|
|
CPA
203
Clear Perspective Advisors
Aurora,
Illinois
| – | -$6K | -537 | Closed |
|
|
BCA
204
Bay Colony Advisors
Concord,
Massachusetts
| – | -$2K | -146 | Closed |
|
205
Fidelity Investments
Boston,
Massachusetts
| – | +$11 | +1 | New |
|
DNP Hedge Fund Activity: Q3 2018 in Review
183 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q3 2018, worth a combined $142M — up 4.2% from $136M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of DNP and 11 opened new positions — a net loss of 8 holders — while 37 trimmed existing stakes and 57 added.
The largest buyer was Morgan Stanley, adding an estimated $1.26M. The largest seller was FineMark National Bank & Trust, exiting entirely with an estimated $952K sold.
- 183 institutional investors held DNP Select Income Fund (DNP) as of Q3 2018, down from 192 in Q2 2018.
- Funds reported $142M of DNP Select Income Fund stock for Q3 2018, up 4.2% quarter-over-quarter.
- 11 funds opened new DNP Select Income Fund positions in Q3 2018 and 19 closed out, a net change of -8 holders.
- The largest DNP Select Income Fund buyer in Q3 2018 was Morgan Stanley, an estimated $1.26M added.
- The largest DNP Select Income Fund seller in Q3 2018 was FineMark National Bank & Trust, an estimated $952K sold.
Based on aggregated 13F filings for Q3 2018.