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DNP Select Income Fund

162 hedge funds and large institutions have $113M invested in DNP Select Income Fund in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 56 increasing their positions, 35 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 35

0% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 11

0.17% less ownership

Funds ownership: 3.83%3.66% (-0.17%)

1% less funds holding

Funds holding: 163162 (-1)

5% less capital invested

Capital invested by funds: $119M → $113M (-$5.72M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
162
Holders Change
-1
Holders Change %
-0.61%
% of All Funds
4.04%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
11
Increased
56
Reduced
35
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$14M +$377K +34,257 +3%
UBS Group
2
UBS Group
Switzerland
$11.7M -$90.1K -8,186 -0.8%
Bank of America
3
Bank of America
North Carolina
$9.91M +$708K +64,328 +8%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$9M +$562K +51,009 +7%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$5.15M +$366K +33,279 +8%
Cambridge Investment Research Advisors
6
Cambridge Investment Research Advisors
Iowa
$3.72M +$224K +20,331 +6%
ACP
7
Aviance Capital Partners
Florida
$2.78M +$106K +9,635 +4%
PAG
8
Private Advisor Group
New Jersey
$2.18M +$330K +29,983 +18%
US Bancorp
9
US Bancorp
Minnesota
$1.96M +$13.1K +1,187 +0.7%
Ameriprise
10
Ameriprise
Minnesota
$1.92M +$1.01M +91,764 +111%
BF
11
BOK Financial
Oklahoma
$1.82M +$4.13K +375 +0.2%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$1.68M -$240K -21,799 -12%
MML Investors Services
13
MML Investors Services
Massachusetts
$1.46M +$119K +10,814 +9%
SCM
14
Southport Capital Management
Tennessee
$1.45M +$1.45M +131,498 New
WPC
15
Waters Parkerson & Co
Louisiana
$1.38M -$60.5K -5,500 -4%
Wells Fargo
16
Wells Fargo
California
$1.34M -$280K -25,406 -17%
IA
17
IFP Advisors
Florida
$1.29M +$52.1K +4,735 +4%
LPL Financial
18
LPL Financial
California
$1.27M -$12M -1,088,669 -90%
SI
19
SII Investments
Wisconsin
$1.26M -$100K -9,127 -7%
RJA
20
Raymond James & Associates
Florida
$1.25M +$136K +12,354 +12%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$1.19M +$34.6K +3,142 +3%
RJFSA
22
Raymond James Financial Services Advisors
Florida
$1.15M +$68K +6,178 +6%
GWM
23
GSB Wealth Management
Connecticut
$1.14M +$12.5K +1,134 +1%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$1.1M -$387K -35,115 -26%
BA
25
Bennicas & Associates
California
$944K

DNP Hedge Fund Activity: Q2 2017 in Review

162 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q2 2017, worth a combined $113M — down 4.8% from $119M a quarter earlier.

Fund positioning in DNP was balanced in Q2 2017: 11 funds opened new positions, 11 closed out, 56 added to existing stakes and 35 trimmed.

The largest buyer was Southport Capital Management, opening a new position worth an estimated $1.45M. The largest seller was LPL Financial, cutting an estimated $12M.

  • 162 institutional investors held DNP Select Income Fund (DNP) as of Q2 2017, down from 163 in Q1 2017.
  • Funds reported $113M of DNP Select Income Fund stock for Q2 2017, down 4.8% quarter-over-quarter.
  • 11 funds opened new DNP Select Income Fund positions in Q2 2017 and 11 closed out, a net change of 0 holders.
  • The largest DNP Select Income Fund buyer in Q2 2017 was Southport Capital Management, an estimated $1.45M added.
  • The largest DNP Select Income Fund seller in Q2 2017 was LPL Financial, an estimated $12M sold.

Based on aggregated 13F filings for Q2 2017.