Duff & Phelps Utility and Infrastructure Fund
DPG
43 hedge funds and large institutions have $126M invested in Duff & Phelps Utility and Infrastructure Fund in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 9 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
0.26% less ownership
Funds ownership: 17.03% → 16.78% (-0.26%)
10% less capital invested
Capital invested by funds: $140M → $126M (-$14.1M)
10% less funds holding
Funds holding: 48 → 43 (-5)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.05M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$949K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$908K |
| 4 |
Morgan Stanley
New York
|
+$747K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$591K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$2.72M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.23M |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$1.15M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$930K |
| 5 |
AIM
Assured Investment Management
New York
|
-$906K |
DPG Hedge Fund Activity: Q1 2015 in Review
43 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q1 2015, worth a combined $126M — down 10% from $140M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DPG and 5 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 16 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.05M. The largest seller was Gramercy Funds Management, exiting entirely with an estimated $2.72M sold.
- 43 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q1 2015, down from 48 in Q4 2014.
- Funds reported $126M of Duff & Phelps Utility and Infrastructure Fund stock for Q1 2015, down 10% quarter-over-quarter.
- 5 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q1 2015 and 9 closed out, a net change of -4 holders.
- The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q1 2015 was Wolverine Asset Management, an estimated $1.05M added.
- The largest Duff & Phelps Utility and Infrastructure Fund seller in Q1 2015 was Gramercy Funds Management, an estimated $2.72M sold.
Based on aggregated 13F filings for Q1 2015.