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DNP Select Income Fund

133 hedge funds and large institutions have $86.2M invested in DNP Select Income Fund in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 34 increasing their positions, 47 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% less funds holding

Funds holding: 134133 (-1)

0.76% less ownership

Funds ownership: 4.2%3.43% (-0.76%)

6% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 16

27% less capital invested

Capital invested by funds: $118M → $86.2M (-$32M)

28% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 47

Holders
133
Holders Change
-1
Holders Change %
-0.75%
% of All Funds
3.71%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
34
Reduced
47
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$8.99M -$6.68M -674,979 -41%
Morgan Stanley
2
Morgan Stanley
New York
$8.87M +$390K +39,436 +4%
Bank of America
3
Bank of America
North Carolina
$8.15M -$1.19M -120,113 -12%
UBS Group
4
UBS Group
Switzerland
$7.97M +$236K +23,810 +3%
Invesco
5
Invesco
Georgia
$4.35M -$6.94M -701,506 -59%
LTFS
6
Ladenburg Thalmann Financial Services
Florida
$3.95M +$123K +12,410 +3%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$3.78M +$245K +24,789 +6%
GC
8
Guggenheim Capital
Illinois
$2.64M -$90K -9,091 -3%
ACP
9
Aviance Capital Partners
Florida
$2.38M -$74.4K -7,514 -3%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$2.37M -$25.9K -2,620 -1%
BF
11
BOK Financial
Oklahoma
$1.7M -$49.6K -5,006 -3%
Wells Fargo
12
Wells Fargo
California
$1.48M -$19.7K -1,992 -1%
WPC
13
Waters Parkerson & Co
Louisiana
$1.24M -$29.7K -3,000 -2%
SI
14
SII Investments
Wisconsin
$1.22M -$7.32K -739 -0.5%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$1.22M +$134K +13,516 +11%
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$980K -$20.1K -2,033 -2%
IH
17
IFC Holdings
Florida
$944K -$205K -20,708 -17%
BA
18
Bennicas & Associates
California
$916K -$68.3K -6,898 -6%
US Bancorp
19
US Bancorp
Minnesota
$902K -$5.39M -544,975 -84%
FNBT
20
FineMark National Bank & Trust
Florida
$837K -$11.3K -1,140 -1%
MMG
21
Monetary Management Group
Missouri
$712K
ICAS
22
Investors Capital Advisory Services
Massachusetts
$700K +$166K +16,783 +27%
Creative Planning
23
Creative Planning
Kansas
$659K +$30.8K +3,115 +4%
AA
24
Apriem Advisors
California
$644K -$19.8K -2,000 -3%
AIG
25
American International Group
New York
$603K +$34.6K +3,500 +5%

DNP Hedge Fund Activity: Q3 2015 in Review

133 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q3 2015, worth a combined $86.2M — down 27% from $118M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of DNP and 15 opened new positions — a net loss of 1 holder — while 47 trimmed existing stakes and 34 added.

The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $624K. The largest seller was Invesco, cutting an estimated $6.94M.

  • 133 institutional investors held DNP Select Income Fund (DNP) as of Q3 2015, down from 134 in Q2 2015.
  • Funds reported $86.2M of DNP Select Income Fund stock for Q3 2015, down 27% quarter-over-quarter.
  • 15 funds opened new DNP Select Income Fund positions in Q3 2015 and 16 closed out, a net change of -1 holder.
  • The largest DNP Select Income Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $624K added.
  • The largest DNP Select Income Fund seller in Q3 2015 was Invesco, an estimated $6.94M sold.

Based on aggregated 13F filings for Q3 2015.