Duff & Phelps Utility and Infrastructure Fund
DPG
57 hedge funds and large institutions have $97.1M invested in Duff & Phelps Utility and Infrastructure Fund in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
21% more funds holding
Funds holding: 47 → 57 (+10)
1.82% more ownership
Funds ownership: 14.65% → 16.47% (+1.8%)
2% more capital invested
Capital invested by funds: $94.8M → $97.1M (+$2.3M)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$2.8M |
| 2 |
Citigroup
New York
|
+$1.9M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$1.84M |
| 4 |
Morgan Stanley
New York
|
+$1.35M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.06M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$971K |
| 3 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$541K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$383K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$379K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $19K | +$19K | +1,227 | New |
|
|
BKA
52
Brick & Kyle Associates
Newtown,
Pennsylvania
| $14K | – | – | – |
|
|
RPG
53
Risk Paradigm Group
Austin,
Texas
| $12.3K | – | – | – |
|
|
NFG
54
Next Financial Group
Houston,
Texas
| $12K | – | – | – |
|
|
CB
55
Community Bank
Dewitt,
New York
| $9K | – | – | – |
|
|
SPIA
56
Steward Partners Investment Advisory
New York
| $8K | +$8.08K | +521 | New |
|
57
SEI Investments
Oaks,
Pennsylvania
| $1K | – | – | – |
|
|
CCM
58
Coe Capital Management
Highland Park,
Illinois
| – | -$541K | -35,000 | Closed |
|
|
NMC
59
Nine Masts Capital
Central,
Hong Kong
| – | -$383K | -22,400 | Closed |
|
60
HighTower Advisors
Chicago,
Illinois
| – | -$177K | -10,374 | Closed |
|
61
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$9K | -505 | Closed |
|
|
CHP
62
Cable Hill Partners
Portland,
Oregon
| – | -$1K | -79 | Closed |
|
63
First Manhattan
New York
| – | +$326 | +21 | New |
|
DPG Hedge Fund Activity: Q4 2016 in Review
57 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q4 2016, worth a combined $97.1M — up 2.4% from $94.8M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new DPG positions and 5 closed out — a net gain of 10 holders — while 16 added to existing stakes and 16 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $2.8M. The largest seller was Wells Fargo, cutting an estimated $1.06M.
- 57 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q4 2016, up from 47 in Q3 2016.
- Funds reported $97.1M of Duff & Phelps Utility and Infrastructure Fund stock for Q4 2016, up 2.4% quarter-over-quarter.
- 15 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q4 2016 and 5 closed out, a net change of +10 holders.
- The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $2.8M added.
- The largest Duff & Phelps Utility and Infrastructure Fund seller in Q4 2016 was Wells Fargo, an estimated $1.06M sold.
Based on aggregated 13F filings for Q4 2016.