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DNP Select Income Fund

134 hedge funds and large institutions have $102M invested in DNP Select Income Fund in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 50 increasing their positions, 34 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 34

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.29% less ownership

Funds ownership: 3.69%3.4% (-0.29%)

2% less capital invested

Capital invested by funds: $104M → $102M (-$1.83M)

2% less funds holding

Funds holding: 137134 (-3)

17% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 12

Holders
134
Holders Change
-3
Holders Change %
-2.19%
% of All Funds
3.58%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
50
Reduced
34
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$11.5M -$9.6M -936,935 -47%
UBS Group
2
UBS Group
Switzerland
$10.1M +$158K +15,449 +2%
Morgan Stanley
3
Morgan Stanley
New York
$10.1M -$143K -13,908 -1%
Bank of America
4
Bank of America
North Carolina
$8.55M -$117K -11,445 -1%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$5.95M +$198K +19,274 +4%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$2.99M +$107K +10,458 +4%
NFG
7
Nations Financial Group
Iowa
$2.91M +$92.1K +8,992 +3%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$2.78M +$925K +90,254 +53%
ACP
9
Aviance Capital Partners
Florida
$2.64M -$164K -15,965 -6%
Wells Fargo
10
Wells Fargo
California
$2.06M +$585K +57,092 +42%
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$1.95M +$92.8K +9,057 +5%
BF
12
BOK Financial
Oklahoma
$1.8M +$6.82K +665 +0.4%
SI
13
SII Investments
Wisconsin
$1.48M +$36.7K +3,578 +3%
WPC
14
Waters Parkerson & Co
Louisiana
$1.46M -$6.08K -593 -0.4%
GC
15
Guggenheim Capital
Illinois
$1.43M -$1.18M -115,575 -46%
PAG
16
Private Advisor Group
New Jersey
$1.4M +$254K +24,780 +24%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$1.13M +$13.9K +1,359 +1%
FNBT
18
FineMark National Bank & Trust
Florida
$1.1M +$69.8K +6,815 +7%
MFS
19
MSI Financial Services
Massachusetts
$1.06M +$149K +14,580 +17%
RJA
20
Raymond James & Associates
Florida
$1.01M +$366K +35,696 +60%
BA
21
Bennicas & Associates
California
$981K -$40.3K -3,937 -4%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$918K +$298K +29,100 +51%
IH
23
IFC Holdings
Florida
$903K -$28.8K -2,809 -3%
SCM
24
Southport Capital Management
Tennessee
$862K +$832K +81,183 New
US Bancorp
25
US Bancorp
Minnesota
$844K -$90K -8,783 -10%

DNP Hedge Fund Activity: Q2 2016 in Review

134 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q2 2016, worth a combined $102M — down 1.8% from $104M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of DNP and 10 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 50 added.

The largest buyer was Cambridge Investment Research Advisors, adding an estimated $925K. The largest seller was LPL Financial, cutting an estimated $9.6M.

  • 134 institutional investors held DNP Select Income Fund (DNP) as of Q2 2016, down from 137 in Q1 2016.
  • Funds reported $102M of DNP Select Income Fund stock for Q2 2016, down 1.8% quarter-over-quarter.
  • 10 funds opened new DNP Select Income Fund positions in Q2 2016 and 12 closed out, a net change of -2 holders.
  • The largest DNP Select Income Fund buyer in Q2 2016 was Cambridge Investment Research Advisors, an estimated $925K added.
  • The largest DNP Select Income Fund seller in Q2 2016 was LPL Financial, an estimated $9.6M sold.

Based on aggregated 13F filings for Q2 2016.