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DNP Select Income Fund

190 hedge funds and large institutions have $132M invested in DNP Select Income Fund in 2018 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 63 increasing their positions, 29 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 29

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

47% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 19

4% more funds holding

Funds holding: 183190 (+7)

0.07% more ownership

Funds ownership: 4.28%4.35% (+0.07%)

7% less capital invested

Capital invested by funds: $142M → $132M (-$9.74M)

Holders
190
Holders Change
+7
Holders Change %
+3.83%
% of All Funds
4.23%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
28
Increased
63
Reduced
29
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$13.9M -$759K -69,339 -5%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$10.7M +$755K +68,995 +7%
UBS Group
3
UBS Group
Switzerland
$10.5M -$8.99K -822 -0.1%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$6.4M +$44.4K +4,054 +0.7%
Bank of America
5
Bank of America
North Carolina
$5.93M -$443K -40,530 -7%
Cambridge Investment Research Advisors
6
Cambridge Investment Research Advisors
Iowa
$5.88M +$904K +82,627 +17%
GFPC
7
Global Financial Private Capital
Florida
$5.41M +$133K +12,184 +2%
LPL Financial
8
LPL Financial
California
$4.11M +$552K +50,435 +15%
IWM
9
IHT Wealth Management
Illinois
$3.1M +$382K +34,961 +13%
AG
10
Advisor Group
Arizona
$2.4M +$704K +64,358 +39%
ACP
11
Aviance Capital Partners
Florida
$2.25M -$138K -12,654 -6%
Ameriprise
12
Ameriprise
Minnesota
$2.06M -$3.31M -302,559 -73%
Baird Financial Group
13
Baird Financial Group
Wisconsin
$2M +$382K +34,955 +22%
BF
14
BOK Financial
Oklahoma
$1.88M -$27.3K -2,492 -1%
MML Investors Services
15
MML Investors Services
Massachusetts
$1.85M +$85.5K +7,816 +5%
BCWM
16
Bartlett & Co Wealth Management
Ohio
$1.84M
BC
17
Bartlett & Co
Ohio
$1.83M
IA
18
IFP Advisors
Florida
$1.79M +$377K +34,443 +25%
GWM
19
GSB Wealth Management
Connecticut
$1.71M +$18.7K +1,706 +1%
SVWA
20
Sound View Wealth Advisors
Georgia
$1.7M +$1.79M +163,498 New
AFA
21
American Financial Advisors
Georgia
$1.61M +$1.69M +154,657 New
SDAM
22
Shulman DeMeo Asset Management
New York
$1.56M +$1.65M +150,454 New
US Bancorp
23
US Bancorp
Minnesota
$1.5M +$1.29K +118 +0.1%
Wells Fargo
24
Wells Fargo
California
$1.46M -$155K -14,129 -9%
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$1.45M +$12.9K +1,178 +0.9%

DNP Hedge Fund Activity: Q4 2018 in Review

190 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q4 2018, worth a combined $132M — down 6.9% from $142M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new DNP positions and 19 closed out — a net gain of 9 holders — while 63 added to existing stakes and 29 trimmed.

The largest buyer was Cambridge Investment Research Advisors, adding an estimated $904K. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $4.94M sold.

  • 190 institutional investors held DNP Select Income Fund (DNP) as of Q4 2018, up from 183 in Q3 2018.
  • Funds reported $132M of DNP Select Income Fund stock for Q4 2018, down 6.9% quarter-over-quarter.
  • 28 funds opened new DNP Select Income Fund positions in Q4 2018 and 19 closed out, a net change of +9 holders.
  • The largest DNP Select Income Fund buyer in Q4 2018 was Cambridge Investment Research Advisors, an estimated $904K added.
  • The largest DNP Select Income Fund seller in Q4 2018 was Cornerstone Wealth Management, an estimated $4.94M sold.

Based on aggregated 13F filings for Q4 2018.