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, 85 increasing their positions, 54 reducing their positions, and 19 closing their positions.
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: 1 → 2 (+1)
57% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 54
48% more capital invested
Capital invested by funds: $195M → $289M (+$93.3M)
9% more funds holding
Funds holding: 233 → 255 (+22)
2.31% more ownership
Funds ownership: 6.31% → 8.61% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$75.3M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$7.37M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$6.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.28M |
| 5 |
GWM
GSB Wealth Management
Guilford,
Connecticut
|
+$3.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.93M |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$2.28M |
| 3 |
AFA
American Financial Advisors
Marietta,
Georgia
|
-$1.08M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$1.02M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$913K |
DNP Hedge Fund Activity: Q1 2021 in Review
255 of the 5,711 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 85 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.