Duff & Phelps Utility and Infrastructure Fund
DPG
48 hedge funds and large institutions have $108M invested in Duff & Phelps Utility and Infrastructure Fund in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
7% more funds holding
Funds holding: 45 → 48 (+3)
1.46% more ownership
Funds ownership: 17.26% → 18.72% (+1.5%)
7% less capital invested
Capital invested by funds: $116M → $108M (-$8.54M)
38% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$6.14M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.23M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.92M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.54M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.12M |
| 3 |
LNB
Ledyard National Bank
|
-$627K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$485K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$404K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
SEI Investments
Oaks,
Pennsylvania
| – | +$33 | +2 | New |
|
|
CP
52
Corbenic Partners
Bethlehem,
Pennsylvania
| – | +$317 | +19 | New |
|
DPG Hedge Fund Activity: Q3 2015 in Review
48 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q3 2015, worth a combined $108M — down 7.4% from $116M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DPG positions and 4 closed out — a net gain of 3 holders — while 13 added to existing stakes and 21 trimmed.
The largest buyer was Financial & Investment Management Group, opening a new position worth an estimated $6.14M. The largest seller was Advisors Asset Management, cutting an estimated $2.54M.
- 48 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q3 2015, up from 45 in Q2 2015.
- Funds reported $108M of Duff & Phelps Utility and Infrastructure Fund stock for Q3 2015, down 7.4% quarter-over-quarter.
- 7 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q3 2015 and 4 closed out, a net change of +3 holders.
- The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q3 2015 was Financial & Investment Management Group, an estimated $6.14M added.
- The largest Duff & Phelps Utility and Infrastructure Fund seller in Q3 2015 was Advisors Asset Management, an estimated $2.54M sold.
Based on aggregated 13F filings for Q3 2015.