DNP Select Income Fund
201 hedge funds and large institutions have $167M invested in DNP Select Income Fund in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 62 increasing their positions, 41 reducing their positions, and 15 closing their positions.
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
51% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 41
26% more capital invested
Capital invested by funds: $132M → $167M (+$34.8M)
6% more funds holding
Funds holding: 190 → 201 (+11)
0.56% more ownership
Funds ownership: 4.35% → 4.91% (+0.56%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
American Financial Advisors
Marietta,
Georgia
|
+$11.7M |
| 2 |
Morgan Stanley
New York
|
+$2.5M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.25M |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$1.21M |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.06M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.79M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.26M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$609K |
| 5 |
FFC
First Financial Corp
Terre Haute,
Indiana
|
-$199K |
DNP Hedge Fund Activity: Q1 2019 in Review
201 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2019, worth a combined $167M — up 26% from $132M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new DNP positions and 15 closed out — a net gain of 13 holders — while 62 added to existing stakes and 41 trimmed.
The largest buyer was American Financial Advisors, adding an estimated $11.7M. The largest seller was Ameriprise, exiting entirely with an estimated $2.06M sold.
- 201 institutional investors held DNP Select Income Fund (DNP) as of Q1 2019, up from 190 in Q4 2018.
- Funds reported $167M of DNP Select Income Fund stock for Q1 2019, up 26% quarter-over-quarter.
- 28 funds opened new DNP Select Income Fund positions in Q1 2019 and 15 closed out, a net change of +13 holders.
- The largest DNP Select Income Fund buyer in Q1 2019 was American Financial Advisors, an estimated $11.7M added.
- The largest DNP Select Income Fund seller in Q1 2019 was Ameriprise, an estimated $2.06M sold.
Based on aggregated 13F filings for Q1 2019.