DNP Select Income Fund
313 hedge funds and large institutions have $270M invested in DNP Select Income Fund in 2023 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 72 increasing their positions, 98 reducing their positions, and 22 closing their positions.
141% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 22
9% more funds holding
Funds holding: 288 → 313 (+25)
0.08% less ownership
Funds ownership: 9.02% → 8.94% (-0.08%)
12% less capital invested
Capital invested by funds: $305M → $270M (-$35.5M)
27% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 98
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
+$7.23M |
| 2 |
MG
Marex Group
London,
|
+$2.67M |
| 3 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$1.73M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.49M |
| 5 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.83M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.58M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.28M |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
-$2.22M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.72M |
DNP Hedge Fund Activity: Q4 2023 in Review
313 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q4 2023, worth a combined $270M — down 12% from $305M a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new DNP positions and 22 closed out — a net gain of 31 holders — while 72 added to existing stakes and 98 trimmed.
The largest buyer was Bay Colony Advisors, adding an estimated $7.23M. The largest seller was Morgan Stanley, cutting an estimated $4.83M.
- 313 institutional investors held DNP Select Income Fund (DNP) as of Q4 2023, up from 288 in Q3 2023.
- Funds reported $270M of DNP Select Income Fund stock for Q4 2023, down 12% quarter-over-quarter.
- 53 funds opened new DNP Select Income Fund positions in Q4 2023 and 22 closed out, a net change of +31 holders.
- The largest DNP Select Income Fund buyer in Q4 2023 was Bay Colony Advisors, an estimated $7.23M added.
- The largest DNP Select Income Fund seller in Q4 2023 was Morgan Stanley, an estimated $4.83M sold.
Based on aggregated 13F filings for Q4 2023.