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DNP Select Income Fund

255 hedge funds and large institutions have $289M invested in DNP Select Income Fund in 2021 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 86 increasing their positions, 54 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 19

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

59% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 54

48% more capital invested

Capital invested by funds: $195M → $289M (+$93.5M)

9% more funds holding

Funds holding: 233255 (+22)

2.31% more ownership

Funds ownership: 6.31%8.62% (+2.3%)

Holders
255
Holders Change
+22
Holders Change %
+9.44%
% of All Funds
4.48%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
42
Increased
86
Reduced
54
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$72.8M +$75.3M +7,367,620 New
Morgan Stanley
2
Morgan Stanley
New York
$24.9M -$2.93M -286,330 -10%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$14.4M +$3.28M +320,642 +28%
AFA
4
American Financial Advisors
Georgia
$13.8M -$1.08M -105,596 -7%
LPL Financial
5
LPL Financial
California
$8.38M +$577K +56,438 +7%
Cambridge Investment Research Advisors
6
Cambridge Investment Research Advisors
Iowa
$8.04M -$226K -22,155 -3%
Osaic Holdings
7
Osaic Holdings
Arizona
$7.36M +$679K +66,478 +10%
JWCA
8
J.W. Cole Advisors
Florida
$7.13M +$14.1K +1,378 +0.2%
1CP
9
1607 Capital Partners
Virginia
$7.13M +$7.37M +721,133 New
Bank of America
10
Bank of America
North Carolina
$6.34M +$594K +58,125 +10%
LCM
11
Landscape Capital Management
New Jersey
$5.99M +$6.2M +606,596 New
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$5.95M -$913K -89,296 -13%
UBS Group
13
UBS Group
Switzerland
$5.6M +$409K +40,029 +8%
Baird Financial Group
14
Baird Financial Group
Wisconsin
$4.87M +$556K +54,434 +12%
GWM
15
GSB Wealth Management
Connecticut
$3.62M +$3.07M +300,746 +460%
SVWAG
16
Sound View Wealth Advisors Group
Georgia
$3.06M +$75.4K +7,382 +2%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$3M -$9.4K -920 -0.3%
RJA
18
Raymond James & Associates
Florida
$2.74M +$228K +22,352 +9%
Janney Montgomery Scott
19
Janney Montgomery Scott
Pennsylvania
$2.74M +$56.5K +5,531 +2%
DADC
20
D.A. Davidson & Co
Montana
$2.68M +$1.9M +185,688 +218%
SFG
21
SageGuard Financial Group
Tennessee
$2.39M -$113K -11,098 -4%
BCA
22
Bay Colony Advisors
Massachusetts
$2.18M +$2.26M +221,027 New
ASN
23
Advisory Services Network
Georgia
$1.95M +$1.12M +109,549 +125%
VCM
24
Vivaldi Capital Management
Illinois
$1.82M +$39.4K +3,852 +2%
NRI
25
NFP Retirement Inc
California
$1.8M +$305K +29,812 +20%

DNP Hedge Fund Activity: Q1 2021 in Review

255 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2021, worth a combined $289M — up 48% from $195M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new DNP positions and 19 closed out — a net gain of 23 holders — while 86 added to existing stakes and 54 trimmed.

The largest buyer was Karpus Investment Management, opening a new position worth an estimated $75.3M. The largest seller was Morgan Stanley, cutting an estimated $2.93M.

  • 255 institutional investors held DNP Select Income Fund (DNP) as of Q1 2021, up from 233 in Q4 2020.
  • Funds reported $289M of DNP Select Income Fund stock for Q1 2021, up 48% quarter-over-quarter.
  • 42 funds opened new DNP Select Income Fund positions in Q1 2021 and 19 closed out, a net change of +23 holders.
  • The largest DNP Select Income Fund buyer in Q1 2021 was Karpus Investment Management, an estimated $75.3M added.
  • The largest DNP Select Income Fund seller in Q1 2021 was Morgan Stanley, an estimated $2.93M sold.

Based on aggregated 13F filings for Q1 2021.