DNP Select Income Fund
135 hedge funds and large institutions have $135M invested in DNP Select Income Fund in 2014 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 42 increasing their positions, 35 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
20% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 35
10% more capital invested
Capital invested by funds: $123M → $135M (+$11.9M)
5% more funds holding
Funds holding: 128 → 135 (+7)
0.04% more ownership
Funds ownership: 4.62% → 4.67% (+0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.64M |
| 2 |
LPL Financial
San Diego,
California
|
+$670K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$605K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$578K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$535K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$2.15M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$1.12M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$575K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$358K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$357K |
DNP Hedge Fund Activity: Q2 2014 in Review
135 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q2 2014, worth a combined $135M — up 9.7% from $123M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new DNP positions and 9 closed out — a net gain of 7 holders — while 42 added to existing stakes and 35 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $1.64M. The largest seller was Cohen & Steers, exiting entirely with an estimated $2.15M sold.
- 135 institutional investors held DNP Select Income Fund (DNP) as of Q2 2014, up from 128 in Q1 2014.
- Funds reported $135M of DNP Select Income Fund stock for Q2 2014, up 9.7% quarter-over-quarter.
- 16 funds opened new DNP Select Income Fund positions in Q2 2014 and 9 closed out, a net change of +7 holders.
- The largest DNP Select Income Fund buyer in Q2 2014 was Robinson Capital Management, an estimated $1.64M added.
- The largest DNP Select Income Fund seller in Q2 2014 was Cohen & Steers, an estimated $2.15M sold.
Based on aggregated 13F filings for Q2 2014.