DNP Select Income Fund
138 hedge funds and large institutions have $95M invested in DNP Select Income Fund in 2015 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 38 increasing their positions, 41 reducing their positions, and 16 closing their positions.
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
10% more capital invested
Capital invested by funds: $86.2M → $95M (+$8.79M)
4% more funds holding
Funds holding: 133 → 138 (+5)
0.35% more ownership
Funds ownership: 3.43% → 3.78% (+0.35%)
7% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$9.55M |
| 2 |
SG Americas Securities
New York
|
+$1.19M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$850K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
+$519K |
| 5 |
Morgan Stanley
New York
|
+$479K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$4.35M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$1.8M |
| 3 |
SI
SII Investments
Appleton,
Wisconsin
|
-$1.05M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$773K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$430K |
DNP Hedge Fund Activity: Q4 2015 in Review
138 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q4 2015, worth a combined $95M — up 10% from $86.2M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new DNP positions and 16 closed out — a net gain of 5 holders — while 38 added to existing stakes and 41 trimmed.
The largest buyer was LPL Financial, adding an estimated $9.55M. The largest seller was Invesco, exiting entirely with an estimated $4.35M sold.
- 138 institutional investors held DNP Select Income Fund (DNP) as of Q4 2015, up from 133 in Q3 2015.
- Funds reported $95M of DNP Select Income Fund stock for Q4 2015, up 10% quarter-over-quarter.
- 21 funds opened new DNP Select Income Fund positions in Q4 2015 and 16 closed out, a net change of +5 holders.
- The largest DNP Select Income Fund buyer in Q4 2015 was LPL Financial, an estimated $9.55M added.
- The largest DNP Select Income Fund seller in Q4 2015 was Invesco, an estimated $4.35M sold.
Based on aggregated 13F filings for Q4 2015.