DNP Select Income Fund
129 hedge funds and large institutions have $118M invested in DNP Select Income Fund in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 48 reducing their positions, and 16 closing their positions.
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
5% more capital invested
Capital invested by funds: $112M → $118M (+$5.86M)
0.32% more ownership
Funds ownership: 4.3% → 4.62% (+0.32%)
0% more funds holding
Funds holding: 129 → 129 (0)
46% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$6.4M |
| 2 |
SG Americas Securities
New York
|
+$1.93M |
| 3 |
Morgan Stanley
New York
|
+$1.09M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$1.04M |
| 5 |
SI
SII Investments
Appleton,
Wisconsin
|
+$796K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TTWM
TCV Trust & Wealth Management
Richmond,
Virginia
|
-$2.04M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.31M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.01M |
| 4 |
Cohen & Steers
New York
|
-$419K |
| 5 |
PP
PDT Partners
New York
|
-$294K |
DNP Hedge Fund Activity: Q4 2013 in Review
129 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q4 2013, worth a combined $118M — up 5.2% from $112M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new DNP positions and 16 closed out — a net gain of 2 holders — while 26 added to existing stakes and 48 trimmed.
The largest buyer was LPL Financial, adding an estimated $6.4M. The largest seller was TCV Trust & Wealth Management, exiting entirely with an estimated $2.04M sold.
- 129 institutional investors held DNP Select Income Fund (DNP) as of Q4 2013, unchanged from Q3 2013.
- Funds reported $118M of DNP Select Income Fund stock for Q4 2013, up 5.2% quarter-over-quarter.
- 18 funds opened new DNP Select Income Fund positions in Q4 2013 and 16 closed out, a net change of +2 holders.
- The largest DNP Select Income Fund buyer in Q4 2013 was LPL Financial, an estimated $6.4M added.
- The largest DNP Select Income Fund seller in Q4 2013 was TCV Trust & Wealth Management, an estimated $2.04M sold.
Based on aggregated 13F filings for Q4 2013.