DNP Select Income Fund
128 hedge funds and large institutions have $123M invested in DNP Select Income Fund in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 31 increasing their positions, 40 reducing their positions, and 15 closing their positions.
4% more capital invested
Capital invested by funds: $118M → $123M (+$4.84M)
0% more ownership
Funds ownership: 4.62% → 4.62% (+0%)
1% less funds holding
Funds holding: 129 → 128 (-1)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
23% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$7.69M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$706K |
| 3 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
+$692K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$352K |
| 5 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$280K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.95M |
| 2 |
SG Americas Securities
New York
|
-$1.89M |
| 3 |
Cohen & Steers
New York
|
-$1.7M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$542K |
| 5 |
Morgan Stanley
New York
|
-$289K |
DNP Hedge Fund Activity: Q1 2014 in Review
128 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2014, worth a combined $123M — up 4.1% from $118M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of DNP and 14 opened new positions — a net loss of 1 holder — while 40 trimmed existing stakes and 31 added.
The largest buyer was LPL Financial, adding an estimated $7.69M. The largest seller was Raymond James & Associates, cutting an estimated $2.95M.
- 128 institutional investors held DNP Select Income Fund (DNP) as of Q1 2014, down from 129 in Q4 2013.
- Funds reported $123M of DNP Select Income Fund stock for Q1 2014, up 4.1% quarter-over-quarter.
- 14 funds opened new DNP Select Income Fund positions in Q1 2014 and 15 closed out, a net change of -1 holder.
- The largest DNP Select Income Fund buyer in Q1 2014 was LPL Financial, an estimated $7.69M added.
- The largest DNP Select Income Fund seller in Q1 2014 was Raymond James & Associates, an estimated $2.95M sold.
Based on aggregated 13F filings for Q1 2014.