DOW 30 PREMIUM & DIVIDEND INCOME FUND INC
DPD
DPD was delisted on the 19th of December, 2014.
30 hedge funds and large institutions have $14.7M invested in DOW 30 PREMIUM & DIVIDEND INCOME FUND INC in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
11% more funds holding
Funds holding: 27 → 30 (+3)
8% less capital invested
Capital invested by funds: $16M → $14.7M (-$1.32M)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Schnieders Capital Management
Pasadena,
California
|
+$181K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$85.5K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$78.9K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$40.1K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$34.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$869K |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$264K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$252K |
| 4 |
LPL Financial
San Diego,
California
|
-$188K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$138K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $8.75K | -$4.71K | -294 | -35% |
|
|
SA
27
SRH Advisors
Salina,
Kansas
| $5K | – | – | – |
|
28
Citigroup
New York
| $3K | -$15K | -934 | -81% |
|
|
BBPWM
29
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $3K | – | – | – |
|
|
GSC
30
Ground Swell Capital
Folly Beach,
South Carolina
| $2K | +$1.6K | +100 | New |
|
|
RJA
31
Raymond James & Associates
St Petersburg,
Florida
| – | -$252K | -15,746 | Closed |
|
DPD Hedge Fund Activity: Q2 2014 in Review
30 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in DOW 30 PREMIUM & DIVIDEND INCOME FUND INC (DPD) for Q2 2014, worth a combined $14.7M — down 8.2% from $16M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DPD positions and 1 closed out — a net gain of 3 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was Schnieders Capital Management, adding an estimated $181K. The largest seller was Invesco, cutting an estimated $869K.
- 30 institutional investors held DOW 30 PREMIUM & DIVIDEND INCOME FUND INC (DPD) as of Q2 2014, up from 27 in Q1 2014.
- Funds reported $14.7M of DOW 30 PREMIUM & DIVIDEND INCOME FUND INC stock for Q2 2014, down 8.2% quarter-over-quarter.
- 4 funds opened new DOW 30 PREMIUM & DIVIDEND INCOME FUND INC positions in Q2 2014 and 1 closed out, a net change of +3 holders.
- The largest DOW 30 PREMIUM & DIVIDEND INCOME FUND INC buyer in Q2 2014 was Schnieders Capital Management, an estimated $181K added.
- The largest DOW 30 PREMIUM & DIVIDEND INCOME FUND INC seller in Q2 2014 was Invesco, an estimated $869K sold.
Based on aggregated 13F filings for Q2 2014.