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DNP Select Income Fund

134 hedge funds and large institutions have $118M invested in DNP Select Income Fund in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 37 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.01% more ownership

Funds ownership: 4.19%4.2% (+0.01%)

4% less capital invested

Capital invested by funds: $123M → $118M (-$4.32M)

8% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 37

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

4% less funds holding

Funds holding: 140134 (-6)

Holders
134
Holders Change
-6
Holders Change %
-4.29%
% of All Funds
3.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
34
Reduced
37
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$16.8M -$1.47M -138,541 -8%
Invesco
2
Invesco
Georgia
$12M -$553K -52,036 -4%
Bank of America
3
Bank of America
North Carolina
$10.4M +$5.97M +561,224 +120%
Morgan Stanley
4
Morgan Stanley
New York
$9.59M -$87.8K -8,260 -0.9%
UBS Group
5
UBS Group
Switzerland
$8.73M -$322K -30,309 -3%
US Bancorp
6
US Bancorp
Minnesota
$6.52M
LTFS
7
Ladenburg Thalmann Financial Services
Florida
$4.16M +$59.4K +5,584 +1%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$4M -$174K -16,346 -4%
GC
9
Guggenheim Capital
Illinois
$3.06M -$1.31M -122,912 -29%
ACP
10
Aviance Capital Partners
Florida
$2.76M +$20.5K +1,931 +0.7%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$2.7M +$79.5K +7,476 +3%
BF
12
BOK Financial
Oklahoma
$1.97M -$9.17K -862 -0.4%
Wells Fargo
13
Wells Fargo
California
$1.69M -$121K -11,350 -6%
WPC
14
Waters Parkerson & Co
Louisiana
$1.43M -$77.6K -7,300 -5%
SI
15
SII Investments
Wisconsin
$1.38M +$9.2K +865 +0.6%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$1.24M +$382K +35,922 +41%
IH
17
IFC Holdings
Florida
$1.23M +$162K +15,236 +15%
PNC Financial Services Group
18
PNC Financial Services Group
Pennsylvania
$1.12M +$57.9K +5,442 +5%
BA
19
Bennicas & Associates
California
$1.1M +$53.8K +5,061 +5%
FNBT
20
FineMark National Bank & Trust
Florida
$953K +$18.2K +1,709 +2%
MMG
21
Monetary Management Group
Missouri
$801K +$1.06K +100 +0.1%
YCM
22
Yakira Capital Management
Connecticut
$793K -$713K -67,025 -46%
AA
23
Apriem Advisors
California
$745K
HFS
24
HL Financial Services
Kentucky
$715K +$179K +16,834 +31%
Creative Planning
25
Creative Planning
Kansas
$711K +$140K +13,169 +23%

DNP Hedge Fund Activity: Q2 2015 in Review

134 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q2 2015, worth a combined $118M — down 3.5% from $123M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of DNP and 10 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 34 added.

The largest buyer was Bank of America, adding an estimated $5.97M. The largest seller was LPL Financial, cutting an estimated $1.47M.

  • 134 institutional investors held DNP Select Income Fund (DNP) as of Q2 2015, down from 140 in Q1 2015.
  • Funds reported $118M of DNP Select Income Fund stock for Q2 2015, down 3.5% quarter-over-quarter.
  • 10 funds opened new DNP Select Income Fund positions in Q2 2015 and 11 closed out, a net change of -1 holder.
  • The largest DNP Select Income Fund buyer in Q2 2015 was Bank of America, an estimated $5.97M added.
  • The largest DNP Select Income Fund seller in Q2 2015 was LPL Financial, an estimated $1.47M sold.

Based on aggregated 13F filings for Q2 2015.