DNP Select Income Fund
285 hedge funds and large institutions have $332M invested in DNP Select Income Fund in 2023 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 74 increasing their positions, 88 reducing their positions, and 19 closing their positions.
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
3% more funds holding
Funds holding: 276 → 285 (+9)
0.25% more ownership
Funds ownership: 8.65% → 8.9% (+0.25%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $339M → $332M (-$7.24M)
16% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
American Financial Advisors
Marietta,
Georgia
|
+$8.43M |
| 2 |
Morgan Stanley
New York
|
+$6.06M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.22M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.59M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$3.34M |
| 2 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$1.81M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.8M |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$1.21M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$964K |
DNP Hedge Fund Activity: Q2 2023 in Review
285 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q2 2023, worth a combined $332M — down 2.1% from $339M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new DNP positions and 19 closed out — a net gain of 11 holders — while 74 added to existing stakes and 88 trimmed.
The largest buyer was American Financial Advisors, adding an estimated $8.43M. The largest seller was J.W. Cole Advisors, cutting an estimated $3.34M.
- 285 institutional investors held DNP Select Income Fund (DNP) as of Q2 2023, up from 276 in Q1 2023.
- Funds reported $332M of DNP Select Income Fund stock for Q2 2023, down 2.1% quarter-over-quarter.
- 30 funds opened new DNP Select Income Fund positions in Q2 2023 and 19 closed out, a net change of +11 holders.
- The largest DNP Select Income Fund buyer in Q2 2023 was American Financial Advisors, an estimated $8.43M added.
- The largest DNP Select Income Fund seller in Q2 2023 was J.W. Cole Advisors, an estimated $3.34M sold.
Based on aggregated 13F filings for Q2 2023.