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.
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: 163 → 162 (-1)
5% less capital invested
Capital invested by funds: $119M → $113M (-$5.71M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
+$1.45M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.01M |
| 3 |
MWM
Mascoma Wealth Management
Hanover,
New Hampshire
|
+$790K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$708K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$562K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$12M |
| 2 |
ACS
Archford Capital Strategies
Swansea,
Illinois
|
-$1.16M |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$605K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$387K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$280K |
DNP Hedge Fund Activity: Q2 2017 in Review
162 of the 4,022 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.