DNP Select Income Fund
140 hedge funds and large institutions have $123M invested in DNP Select Income Fund in 2015 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 51 reducing their positions, and 12 closing their positions.
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
1% more funds holding
Funds holding: 139 → 140 (+1)
0.34% less ownership
Funds ownership: 4.53% → 4.19% (-0.34%)
8% less capital invested
Capital invested by funds: $134M → $123M (-$11.4M)
29% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 51
Top Buyers
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$3.73M |
| 2 |
Morgan Stanley
New York
|
+$1.81M |
| 3 |
PP
PDT Partners
New York
|
+$1.06M |
| 4 |
PL
Plancorp LLC
Saint Louis,
Missouri
|
+$902K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$486K |
Top Sellers
| 1 |
LPL Financial
San Diego,
California
|
-$8.64M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$5.18M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.19M |
| 4 |
CPO
Cerity Partners OCIO
New York
|
-$1.02M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$857K |
DNP Hedge Fund Activity: Q1 2015 in Review
140 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2015, worth a combined $123M — down 8.5% from $134M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new DNP positions and 12 closed out — a net gain of 3 holders — while 36 added to existing stakes and 51 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $3.73M. The largest seller was LPL Financial, cutting an estimated $8.64M.
- 140 institutional investors held DNP Select Income Fund (DNP) as of Q1 2015, up from 139 in Q4 2014.
- Funds reported $123M of DNP Select Income Fund stock for Q1 2015, down 8.5% quarter-over-quarter.
- 15 funds opened new DNP Select Income Fund positions in Q1 2015 and 12 closed out, a net change of +3 holders.
- The largest DNP Select Income Fund buyer in Q1 2015 was Ladenburg Thalmann Financial Services, an estimated $3.73M added.
- The largest DNP Select Income Fund seller in Q1 2015 was LPL Financial, an estimated $8.64M sold.
Based on aggregated 13F filings for Q1 2015.