DNP Select Income Fund
137 hedge funds and large institutions have $102M invested in DNP Select Income Fund in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 34 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
32% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 34
2% more funds holding
Funds holding: 134 → 137 (+3)
0.12% more ownership
Funds ownership: 3.4% → 3.53% (+0.12%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $102M → $102M (-$336K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.47M |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$1.22M |
| 3 |
LPL Financial
San Diego,
California
|
+$677K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$559K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$517K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.16M |
| 2 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
-$862K |
| 3 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
-$523K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$522K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$415K |
DNP Hedge Fund Activity: Q3 2016 in Review
137 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q3 2016, worth a combined $102M — down 0.33% from $102M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DNP positions and 9 closed out — a net gain of 4 holders — while 45 added to existing stakes and 34 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $1.47M. The largest seller was Morgan Stanley, cutting an estimated $1.16M.
- 137 institutional investors held DNP Select Income Fund (DNP) as of Q3 2016, up from 134 in Q2 2016.
- Funds reported $102M of DNP Select Income Fund stock for Q3 2016, down 0.33% quarter-over-quarter.
- 13 funds opened new DNP Select Income Fund positions in Q3 2016 and 9 closed out, a net change of +4 holders.
- The largest DNP Select Income Fund buyer in Q3 2016 was Royal Bank of Canada, an estimated $1.47M added.
- The largest DNP Select Income Fund seller in Q3 2016 was Morgan Stanley, an estimated $1.16M sold.
Based on aggregated 13F filings for Q3 2016.