Duff & Phelps Utility and Infrastructure Fund
DPG
36 hedge funds and large institutions have $63.8M invested in Duff & Phelps Utility and Infrastructure Fund in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
9% more funds holding
Funds holding: 33 → 36 (+3)
9% more capital invested
Capital invested by funds: $58.7M → $63.8M (+$5.13M)
0.72% more ownership
Funds ownership: 8.27% → 9% (+0.72%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.29M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.12M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.1M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.03M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LNB
Ledyard National Bank
|
-$3.34M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.26M |
| 3 |
Jane Street
New York
|
-$229K |
| 4 |
AIM
Assured Investment Management
New York
|
-$196K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$135K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFC
26
First Financial Corp
Terre Haute,
Indiana
| $112K | – | – | – |
|
27
Ameriprise
Minneapolis,
Minnesota
| $90K | -$42.1K | -2,252 | -32% |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $65K | – | – | – |
|
|
DADC
29
D.A. Davidson & Co
Great Falls,
Montana
| $60K | – | – | – |
|
|
TJHA
30
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $45K | – | – | – |
|
|
CFSG
31
Community Financial Services Group
Newport,
Vermont
| $15K | – | – | – |
|
|
ECM
32
Exchange Capital Management
Ann Arbor,
Michigan
| $9K | – | – | – |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $8K | -$24.8K | -1,329 | -77% |
|
|
LFR
34
Lehman Financial Resources
Media,
Pennsylvania
| $5K | – | – | – |
|
35
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
AIG
36
American International Group
New York
| $337 | – | – | – |
|
|
RJFSA
37
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$1.26M | -67,475 | Closed |
|
|
38
Jane Street
New York
| – | -$229K | -12,228 | Closed |
|
|
WC
39
Whitnell & Co
Oak Brook,
Illinois
| – | -$1K | -40 | Closed |
|
DPG Hedge Fund Activity: Q3 2013 in Review
36 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q3 2013, worth a combined $63.8M — up 8.7% from $58.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DPG positions and 3 closed out — a net gain of 3 holders — while 14 added to existing stakes and 7 trimmed.
The largest buyer was Invesco, adding an estimated $1.29M. The largest seller was Ledyard National Bank, cutting an estimated $3.34M.
- 36 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q3 2013, up from 33 in Q2 2013.
- Funds reported $63.8M of Duff & Phelps Utility and Infrastructure Fund stock for Q3 2013, up 8.7% quarter-over-quarter.
- 6 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q3 2013 and 3 closed out, a net change of +3 holders.
- The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q3 2013 was Invesco, an estimated $1.29M added.
- The largest Duff & Phelps Utility and Infrastructure Fund seller in Q3 2013 was Ledyard National Bank, an estimated $3.34M sold.
Based on aggregated 13F filings for Q3 2013.