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DNP Select Income Fund

258 hedge funds and large institutions have $259M invested in DNP Select Income Fund in 2021 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 100 increasing their positions, 57 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 57

26% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 19

1% more funds holding

Funds holding: 255258 (+3)

1.31% less ownership

Funds ownership: 8.62%7.3% (-1.3%)

10% less capital invested

Capital invested by funds: $289M → $259M (-$30.2M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
258
Holders Change
+3
Holders Change %
+1.18%
% of All Funds
4.49%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
24
Increased
100
Reduced
57
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
$30.9M +$4.43M +428,676 +17%
KIM
2
Karpus Investment Management
New York
$27.3M -$49.1M -4,755,208 -65%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$16.6M +$1.35M +130,940 +9%
AFA
4
American Financial Advisors
Georgia
$14.5M -$31.2K -3,017 -0.2%
LPL Financial
5
LPL Financial
California
$9.46M +$598K +57,905 +7%
Cambridge Investment Research Advisors
6
Cambridge Investment Research Advisors
Iowa
$8.65M +$143K +13,876 +2%
Osaic Holdings
7
Osaic Holdings
Arizona
$8.43M +$645K +62,485 +8%
JWCA
8
J.W. Cole Advisors
Florida
$7.64M +$99.8K +9,663 +1%
Cohen & Steers
9
Cohen & Steers
New York
$6.74M +$6.66M +644,628 New
Bank of America
10
Bank of America
North Carolina
$6.71M +$3.42K +331 +0.1%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$5.66M -$621K -60,182 -10%
UBS Group
12
UBS Group
Switzerland
$4.97M -$949K -91,872 -16%
Baird Financial Group
13
Baird Financial Group
Wisconsin
$4.94M -$205K -19,836 -4%
RJA
14
Raymond James & Associates
Florida
$4.1M +$1.19M +114,787 +41%
GWM
15
GSB Wealth Management
Connecticut
$3.76M -$60.8K -5,886 -2%
SVWAG
16
Sound View Wealth Advisors Group
Georgia
$3.29M +$56.8K +5,505 +2%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$3.29M +$115K +11,149 +4%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$3.26M +$355K +34,424 +12%
BCA
19
Bay Colony Advisors
Massachusetts
$2.55M +$237K +22,990 +10%
DADC
20
D.A. Davidson & Co
Montana
$2.52M -$311K -30,069 -11%
ASN
21
Advisory Services Network
Georgia
$2.25M +$191K +18,481 +9%
Lido Advisors
22
Lido Advisors
California
$2.18M +$353K +34,179 +20%
VCM
23
Vivaldi Capital Management
Illinois
$1.96M +$57.7K +5,586 +3%
NRI
24
NFP Retirement Inc
California
$1.93M +$23K +2,227 +1%
Wells Fargo
25
Wells Fargo
California
$1.88M +$21.5K +2,085 +1%

DNP Hedge Fund Activity: Q2 2021 in Review

258 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q2 2021, worth a combined $259M — down 10% from $289M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new DNP positions and 19 closed out — a net gain of 5 holders — while 100 added to existing stakes and 57 trimmed.

The largest buyer was Cohen & Steers, opening a new position worth an estimated $6.66M. The largest seller was Karpus Investment Management, cutting an estimated $49.1M.

  • 258 institutional investors held DNP Select Income Fund (DNP) as of Q2 2021, up from 255 in Q1 2021.
  • Funds reported $259M of DNP Select Income Fund stock for Q2 2021, down 10% quarter-over-quarter.
  • 24 funds opened new DNP Select Income Fund positions in Q2 2021 and 19 closed out, a net change of +5 holders.
  • The largest DNP Select Income Fund buyer in Q2 2021 was Cohen & Steers, an estimated $6.66M added.
  • The largest DNP Select Income Fund seller in Q2 2021 was Karpus Investment Management, an estimated $49.1M sold.

Based on aggregated 13F filings for Q2 2021.