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DNP Select Income Fund

152 hedge funds and large institutions have $103M invested in DNP Select Income Fund in 2016 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 41 increasing their positions, 32 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 10

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

28% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 32

12% more funds holding

Funds holding: 136152 (+16)

2% more capital invested

Capital invested by funds: $102M → $103M (+$1.79M)

0.06% more ownership

Funds ownership: 3.52%3.58% (+0.06%)

Holders
152
Holders Change
+16
Holders Change %
+11.76%
% of All Funds
3.8%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
28
Increased
41
Reduced
32
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$12M +$294K +28,955 +3%
UBS Group
2
UBS Group
Switzerland
$10.4M +$233K +23,009 +2%
Morgan Stanley
3
Morgan Stanley
New York
$8.87M +$272K +26,804 +3%
Bank of America
4
Bank of America
North Carolina
$8.24M -$491K -48,461 -6%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$7.46M +$303K +29,891 +4%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$3.42M +$891K +87,910 +36%
Cambridge Investment Research Advisors
7
Cambridge Investment Research Advisors
Iowa
$3.02M +$201K +19,795 +7%
ACP
8
Aviance Capital Partners
Florida
$2.6M +$114K +11,242 +5%
Wells Fargo
9
Wells Fargo
California
$1.89M -$549K -54,117 -23%
LTFS
10
Ladenburg Thalmann Financial Services
Florida
$1.85M +$10.1K +998 +0.6%
BF
11
BOK Financial
Oklahoma
$1.68M -$14K -1,376 -0.8%
PAG
12
Private Advisor Group
New Jersey
$1.54M +$129K +12,697 +9%
IWM
13
IHT Wealth Management
Illinois
$1.5M +$1.48M +145,801 New
MFS
14
MSI Financial Services
Massachusetts
$1.38M +$343K +33,805 +33%
WPC
15
Waters Parkerson & Co
Louisiana
$1.34M -$9.2K -907 -0.7%
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$1.33M -$184K -18,175 -12%
SI
17
SII Investments
Wisconsin
$1.29M -$147K -14,470 -10%
FNBT
18
FineMark National Bank & Trust
Florida
$1.04M +$20.5K +2,023 +2%
GWM
19
GSB Wealth Management
Connecticut
$1.03M +$1.03M +101,184 New
Baird Financial Group
20
Baird Financial Group
Wisconsin
$996K +$126K +12,450 +15%
IA
21
IFP Advisors
Florida
$945K +$155K +15,313 +20%
BA
22
Bennicas & Associates
California
$928K
RJA
23
Raymond James & Associates
Florida
$926K -$170K -16,742 -16%
DADC
24
D.A. Davidson & Co
Montana
$872K -$381K -37,579 -31%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$860K +$43.8K +4,318 +5%

DNP Hedge Fund Activity: Q4 2016 in Review

152 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q4 2016, worth a combined $103M — up 1.8% from $102M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new DNP positions and 10 closed out — a net gain of 18 holders — while 41 added to existing stakes and 32 trimmed.

The largest buyer was Commonwealth Equity Services, adding an estimated $891K. The largest seller was Nations Financial Group, exiting entirely with an estimated $2.73M sold.

  • 152 institutional investors held DNP Select Income Fund (DNP) as of Q4 2016, up from 136 in Q3 2016.
  • Funds reported $103M of DNP Select Income Fund stock for Q4 2016, up 1.8% quarter-over-quarter.
  • 28 funds opened new DNP Select Income Fund positions in Q4 2016 and 10 closed out, a net change of +18 holders.
  • The largest DNP Select Income Fund buyer in Q4 2016 was Commonwealth Equity Services, an estimated $891K added.
  • The largest DNP Select Income Fund seller in Q4 2016 was Nations Financial Group, an estimated $2.73M sold.

Based on aggregated 13F filings for Q4 2016.