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.
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: 1 → 1 (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: 137 → 134 (-3)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$925K |
| 2 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
+$832K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$775K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$585K |
| 5 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
+$507K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$9.6M |
| 2 |
IP
Investment Partners
New Philadelphia,
Ohio
|
-$2.23M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.18M |
| 4 |
AIG
American International Group
New York
|
-$616K |
| 5 |
AA
Apriem Advisors
Irvine,
California
|
-$474K |
DNP Hedge Fund Activity: Q2 2016 in Review
134 of the 3,756 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.