Duff & Phelps Utility and Infrastructure Fund
DPG
49 hedge funds and large institutions have $98.1M invested in Duff & Phelps Utility and Infrastructure Fund in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 14 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
4.01% less ownership
Funds ownership: 19.07% → 15.06% (-4%)
9% less funds holding
Funds holding: 54 → 49 (-5)
15% less capital invested
Capital invested by funds: $115M → $98.1M (-$17M)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.28M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$2.04M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$1.57M |
| 4 |
Morgan Stanley
New York
|
+$1.51M |
| 5 |
TB
Terril Brothers
St. Louis,
Missouri
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$5.96M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$4.82M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.79M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.4M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
51
Doliver Advisors
Houston,
Texas
| – | -$1.53M | -96,072 | Closed |
|
|
MC
52
Matisse Capital
Portland,
Oregon
| – | -$1.48M | -92,700 | Closed |
|
53
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$665K | -41,819 | Closed |
|
54
SG Americas Securities
New York
| – | -$649K | -40,786 | Closed |
|
|
MIG
55
Mariner Investment Group
Harrison,
New York
| – | -$564K | -35,444 | Closed |
|
|
RTS
56
Round Table Services
Westfield,
New Jersey
| – | -$369K | -23,200 | Closed |
|
|
GFM
57
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$357K | -22,446 | Closed |
|
|
ST
58
Sentinel Trust
Houston,
Texas
| – | -$231K | -14,500 | Closed |
|
|
VKH
59
Virtu KCG Holdings
New York
| – | -$171K | -10,718 | Closed |
|
|
FAM
60
Formidable Asset Management
Cincinnati,
Ohio
| – | -$153K | -9,433 | Closed |
|
61
US Bancorp
Minneapolis,
Minnesota
| – | -$21K | -1,310 | Closed |
|
|
GT
62
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$8K | -509 | Closed |
|
DPG Hedge Fund Activity: Q2 2016 in Review
49 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q2 2016, worth a combined $98.1M — down 15% from $115M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of DPG and 9 opened new positions — a net loss of 5 holders — while 16 trimmed existing stakes and 18 added.
The largest buyer was UBS Group, adding an estimated $2.28M. The largest seller was Financial & Investment Management Group, cutting an estimated $5.96M.
- 49 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q2 2016, down from 54 in Q1 2016.
- Funds reported $98.1M of Duff & Phelps Utility and Infrastructure Fund stock for Q2 2016, down 15% quarter-over-quarter.
- 9 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q2 2016 and 14 closed out, a net change of -5 holders.
- The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q2 2016 was UBS Group, an estimated $2.28M added.
- The largest Duff & Phelps Utility and Infrastructure Fund seller in Q2 2016 was Financial & Investment Management Group, an estimated $5.96M sold.
Based on aggregated 13F filings for Q2 2016.