DNP Select Income Fund
304 hedge funds and large institutions have $323M invested in DNP Select Income Fund in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 103 increasing their positions, 73 reducing their positions, and 32 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 73
4% more capital invested
Capital invested by funds: $310M → $323M (+$12.8M)
0.56% less ownership
Funds ownership: 10.27% → 9.71% (-0.56%)
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
3% less funds holding
Funds holding: 312 → 304 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIC
Hartline Investment Corp
Winnetka,
Illinois
|
+$10.3M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$9.24M |
| 3 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$1.72M |
| 4 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$1.37M |
| 5 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$38.9M |
| 2 |
MG
Marex Group
London,
|
-$2.51M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.42M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$767K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$745K |
DNP Hedge Fund Activity: Q1 2024 in Review
304 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q1 2024, worth a combined $323M — up 4.1% from $310M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of DNP and 29 opened new positions — a net loss of 3 holders — while 73 trimmed existing stakes and 103 added.
The largest buyer was Hartline Investment Corp, opening a new position worth an estimated $10.3M. The largest seller was Morgan Stanley, cutting an estimated $38.9M.
- 304 institutional investors held DNP Select Income Fund (DNP) as of Q1 2024, down from 312 in Q4 2023.
- Funds reported $323M of DNP Select Income Fund stock for Q1 2024, up 4.1% quarter-over-quarter.
- 29 funds opened new DNP Select Income Fund positions in Q1 2024 and 32 closed out, a net change of -3 holders.
- The largest DNP Select Income Fund buyer in Q1 2024 was Hartline Investment Corp, an estimated $10.3M added.
- The largest DNP Select Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $38.9M sold.
Based on aggregated 13F filings for Q1 2024.