DNP Select Income Fund
288 hedge funds and large institutions have $305M invested in DNP Select Income Fund in 2023 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 87 increasing their positions, 76 reducing their positions, and 21 closing their positions.
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
14% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 76
1% more funds holding
Funds holding: 285 → 288 (+3)
0.12% more ownership
Funds ownership: 8.9% → 9.02% (+0.12%)
8% less capital invested
Capital invested by funds: $332M → $305M (-$26.6M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.92M |
| 2 |
NEWAS
N.E.W. Advisory Services
De Pere,
Wisconsin
|
+$4.05M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.49M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$978K |
| 5 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
+$868K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$2.32M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.49M |
| 3 |
AWS
Atria Wealth Solutions
New York
|
-$1.41M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.27M |
| 5 |
Cohen & Steers
New York
|
-$1.13M |
DNP Hedge Fund Activity: Q3 2023 in Review
288 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q3 2023, worth a combined $305M — down 8% from $332M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new DNP positions and 21 closed out — a net gain of 7 holders — while 87 added to existing stakes and 76 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.92M. The largest seller was IHT Wealth Management, cutting an estimated $2.32M.
- 288 institutional investors held DNP Select Income Fund (DNP) as of Q3 2023, up from 285 in Q2 2023.
- Funds reported $305M of DNP Select Income Fund stock for Q3 2023, down 8% quarter-over-quarter.
- 28 funds opened new DNP Select Income Fund positions in Q3 2023 and 21 closed out, a net change of +7 holders.
- The largest DNP Select Income Fund buyer in Q3 2023 was Morgan Stanley, an estimated $4.92M added.
- The largest DNP Select Income Fund seller in Q3 2023 was IHT Wealth Management, an estimated $2.32M sold.
Based on aggregated 13F filings for Q3 2023.