Duff & Phelps Utility and Infrastructure Fund
DPG
47 hedge funds and large institutions have $94.8M invested in Duff & Phelps Utility and Infrastructure Fund in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 9 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.41% less ownership
Funds ownership: 15.06% → 14.65% (-0.41%)
3% less capital invested
Capital invested by funds: $98.1M → $94.8M (-$3.24M)
4% less funds holding
Funds holding: 49 → 47 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.69M |
| 2 |
Citigroup
New York
|
+$1.01M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$874K |
| 4 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$580K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$530K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$2.35M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$2.12M |
| 3 |
TB
Terril Brothers
St. Louis,
Missouri
|
-$1.42M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.06M |
| 5 |
Morgan Stanley
New York
|
-$698K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LWAC
51
Laurel Wealth Advisors (California)
Solana Beach,
California
| – | -$235K | -14,797 | Closed |
|
|
LCM
52
Landscape Capital Management
Englewood,
New Jersey
| – | -$216K | -12,576 | Closed |
|
|
SFS
53
Shaker Financial Services
Arlington,
Virginia
| – | -$187K | -10,903 | Closed |
|
|
SPC
54
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$181K | -10,568 | Closed |
|
55
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$25K | -1,465 | Closed |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -31 | Closed |
|
DPG Hedge Fund Activity: Q3 2016 in Review
47 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q3 2016, worth a combined $94.8M — down 3.3% from $98.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DPG and 7 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 17 added.
The largest buyer was Doliver Advisors, opening a new position worth an estimated $1.69M. The largest seller was Financial & Investment Management Group, cutting an estimated $2.35M.
- 47 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q3 2016, down from 49 in Q2 2016.
- Funds reported $94.8M of Duff & Phelps Utility and Infrastructure Fund stock for Q3 2016, down 3.3% quarter-over-quarter.
- 7 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q3 2016 and 9 closed out, a net change of -2 holders.
- The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q3 2016 was Doliver Advisors, an estimated $1.69M added.
- The largest Duff & Phelps Utility and Infrastructure Fund seller in Q3 2016 was Financial & Investment Management Group, an estimated $2.35M sold.
Based on aggregated 13F filings for Q3 2016.