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DNP Select Income Fund

163 hedge funds and large institutions have $119M invested in DNP Select Income Fund in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 52 increasing their positions, 38 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

163% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 8

37% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 38

15% more capital invested

Capital invested by funds: $103M → $119M (+$15.6M)

7% more funds holding

Funds holding: 152163 (+11)

0.25% more ownership

Funds ownership: 3.58%3.83% (+0.25%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
163
Holders Change
+11
Holders Change %
+7.24%
% of All Funds
4.06%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
21
Increased
52
Reduced
38
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$13.3M +$3.9M +367,225 +42%
LPL Financial
2
LPL Financial
California
$13M +$484K +45,522 +4%
UBS Group
3
UBS Group
Switzerland
$11.5M +$580K +54,565 +5%
Bank of America
4
Bank of America
North Carolina
$9.02M +$315K +29,643 +4%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$8.28M +$397K +37,367 +5%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$4.7M +$1.07M +100,791 +30%
Cambridge Investment Research Advisors
7
Cambridge Investment Research Advisors
Iowa
$3.43M +$236K +22,207 +8%
ACP
8
Aviance Capital Partners
Florida
$2.63M -$115K -10,792 -4%
US Bancorp
9
US Bancorp
Minnesota
$1.91M +$1.11M +104,771 +145%
LTFS
10
Ladenburg Thalmann Financial Services
Florida
$1.88M -$63.8K -6,002 -3%
PAG
11
Private Advisor Group
New Jersey
$1.81M +$213K +20,084 +14%
BF
12
BOK Financial
Oklahoma
$1.78M +$1.27K +120 +0.1%
IWM
13
IHT Wealth Management
Illinois
$1.62M +$36.8K +3,466 +2%
Wells Fargo
14
Wells Fargo
California
$1.59M -$405K -38,107 -21%
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$1.46M +$56.8K +5,344 +4%
WPC
16
Waters Parkerson & Co
Louisiana
$1.41M
SI
17
SII Investments
Wisconsin
$1.32M -$31K -2,919 -2%
MML Investors Services
18
MML Investors Services
Massachusetts
$1.32M +$1.3M +122,035 New
Koshinski Asset Management
19
Koshinski Asset Management
Illinois
$1.31M +$613K +57,708 +91%
IA
20
IFP Advisors
Florida
$1.21M +$213K +20,061 +22%
ACS
21
Archford Capital Strategies
Illinois
$1.16M +$190K +17,916 +597%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$1.14M +$83.6K +7,872 +8%
GWM
23
GSB Wealth Management
Connecticut
$1.11M +$12.3K +1,157 +1%
RJA
24
Raymond James & Associates
Florida
$1.09M +$108K +10,197 +11%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$1.06M +$147K +13,800 +16%

DNP Hedge Fund Activity: Q1 2017 in Review

163 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2017, worth a combined $119M — up 15% from $103M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new DNP positions and 8 closed out — a net gain of 13 holders — while 52 added to existing stakes and 38 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $3.9M. The largest seller was Sheaff Brock Investment Advisors, cutting an estimated $645K.

  • 163 institutional investors held DNP Select Income Fund (DNP) as of Q1 2017, up from 152 in Q4 2016.
  • Funds reported $119M of DNP Select Income Fund stock for Q1 2017, up 15% quarter-over-quarter.
  • 21 funds opened new DNP Select Income Fund positions in Q1 2017 and 8 closed out, a net change of +13 holders.
  • The largest DNP Select Income Fund buyer in Q1 2017 was Morgan Stanley, an estimated $3.9M added.
  • The largest DNP Select Income Fund seller in Q1 2017 was Sheaff Brock Investment Advisors, an estimated $645K sold.

Based on aggregated 13F filings for Q1 2017.