DNP Select Income Fund
307 hedge funds and large institutions have $258M invested in DNP Select Income Fund in 2024 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 89 increasing their positions, 91 reducing their positions, and 27 closing their positions.
30% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 27
1% more funds holding
Funds holding: 305 → 307 (+2)
2% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 91
1.06% less ownership
Funds ownership: 9.72% → 8.65% (-1.1%)
19% less capital invested
Capital invested by funds: $320M → $258M (-$61.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.28M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.97M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.92M |
| 4 |
AA
Axiom Advisory
San Diego,
California
|
+$1.83M |
| 5 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
+$715K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIC
Hartline Investment Corp
Winnetka,
Illinois
|
-$10.6M |
| 2 |
Morgan Stanley
New York
|
-$9.87M |
| 3 |
AFA
American Financial Advisors
Marietta,
Georgia
|
-$9.59M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.93M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.33M |
DNP Hedge Fund Activity: Q2 2024 in Review
307 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in DNP Select Income Fund (DNP) for Q2 2024, worth a combined $258M — down 19% from $320M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new DNP positions and 27 closed out — a net gain of 8 holders — while 89 added to existing stakes and 91 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.28M. The largest seller was Hartline Investment Corp, exiting entirely with an estimated $10.6M sold.
- 307 institutional investors held DNP Select Income Fund (DNP) as of Q2 2024, up from 305 in Q1 2024.
- Funds reported $258M of DNP Select Income Fund stock for Q2 2024, down 19% quarter-over-quarter.
- 35 funds opened new DNP Select Income Fund positions in Q2 2024 and 27 closed out, a net change of +8 holders.
- The largest DNP Select Income Fund buyer in Q2 2024 was LPL Financial, an estimated $3.28M added.
- The largest DNP Select Income Fund seller in Q2 2024 was Hartline Investment Corp, an estimated $10.6M sold.
Based on aggregated 13F filings for Q2 2024.