DNP Select Income Fund
276 hedge funds and large institutions have $339M invested in DNP Select Income Fund in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 99 increasing their positions, 63 reducing their positions, and 28 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 63
3% more capital invested
Capital invested by funds: $328M → $339M (+$11M)
0.14% more ownership
Funds ownership: 8.52% → 8.65% (+0.14%)
4% less funds holding
Funds holding: 288 → 276 (-12)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.31M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.56M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.96M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.84M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$1.57M |
| 2 |
Cohen & Steers
New York
|
-$966K |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$872K |
| 4 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$766K |
| 5 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$500K |
DNP Hedge Fund Activity: Q1 2023 in Review
276 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2023, worth a combined $339M — up 3.3% from $328M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of DNP and 23 opened new positions — a net loss of 5 holders — while 63 trimmed existing stakes and 99 added.
The largest buyer was Morgan Stanley, adding an estimated $4.31M. The largest seller was Northern Trust, cutting an estimated $1.57M.
- 276 institutional investors held DNP Select Income Fund (DNP) as of Q1 2023, down from 288 in Q4 2022.
- Funds reported $339M of DNP Select Income Fund stock for Q1 2023, up 3.3% quarter-over-quarter.
- 23 funds opened new DNP Select Income Fund positions in Q1 2023 and 28 closed out, a net change of -5 holders.
- The largest DNP Select Income Fund buyer in Q1 2023 was Morgan Stanley, an estimated $4.31M added.
- The largest DNP Select Income Fund seller in Q1 2023 was Northern Trust, an estimated $1.57M sold.
Based on aggregated 13F filings for Q1 2023.