DNP Select Income Fund
222 hedge funds and large institutions have $177M invested in DNP Select Income Fund in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 70 increasing their positions, 59 reducing their positions, and 18 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 59
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
0.48% less ownership
Funds ownership: 6.39% → 5.92% (-0.48%)
2% less funds holding
Funds holding: 226 → 222 (-4)
27% less capital invested
Capital invested by funds: $244M → $177M (-$67M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.1M |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$1.35M |
| 3 |
VCP
Verus Capital Partners
Scottsdale,
Arizona
|
+$779K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$670K |
| 5 |
IP
Investment Partners
New Philadelphia,
Ohio
|
+$657K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$7.67M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.9M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$2.87M |
| 4 |
AFA
American Financial Advisors
Marietta,
Georgia
|
-$2.45M |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$1.63M |
DNP Hedge Fund Activity: Q1 2020 in Review
222 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2020, worth a combined $177M — down 27% from $244M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new DNP positions and 18 closed out — a net gain of 3 holders — while 70 added to existing stakes and 59 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.1M. The largest seller was J.W. Cole Advisors, cutting an estimated $7.67M.
- 222 institutional investors held DNP Select Income Fund (DNP) as of Q1 2020, down from 226 in Q4 2019.
- Funds reported $177M of DNP Select Income Fund stock for Q1 2020, down 27% quarter-over-quarter.
- 21 funds opened new DNP Select Income Fund positions in Q1 2020 and 18 closed out, a net change of +3 holders.
- The largest DNP Select Income Fund buyer in Q1 2020 was Morgan Stanley, an estimated $2.1M added.
- The largest DNP Select Income Fund seller in Q1 2020 was J.W. Cole Advisors, an estimated $7.67M sold.
Based on aggregated 13F filings for Q1 2020.