Duff & Phelps Utility and Infrastructure Fund
DPG
52 hedge funds and large institutions have $97.3M invested in Duff & Phelps Utility and Infrastructure Fund in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 10 closing their positions.
4% less capital invested
Capital invested by funds: $102M → $97.3M (-$4.39M)
1.03% less ownership
Funds ownership: 16.38% → 15.34% (-1%)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
10% less funds holding
Funds holding: 58 → 52 (-6)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.99M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$2.32M |
| 3 |
Morgan Stanley
New York
|
+$1.16M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$789K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$664K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$4.2M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$4.12M |
| 3 |
Citigroup
New York
|
-$2.92M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$746K |
| 5 |
LPL Financial
San Diego,
California
|
-$606K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
51
Steward Partners Investment Advisory
New York
| $9K | +$184 | +11 | +2% |
|
|
MA
52
MUFG Americas
New York
| $1K | +$17 | +1 | +1% |
|
|
CA
53
Cornerstone Advisors
Asheville,
North Carolina
| – | -$4.2M | -258,360 | Closed |
|
|
FIMG
54
Financial & Investment Management Group
Traverse City,
Michigan
| – | -$4.12M | -253,609 | Closed |
|
|
55
LPL Financial
San Diego,
California
| – | -$606K | -36,942 | Closed |
|
|
AA
56
Advisory Alpha
Holland,
Michigan
| – | -$453K | -27,871 | Closed |
|
|
CCP
57
Clough Capital Partners
Boston,
Massachusetts
| – | -$407K | -25,000 | Closed |
|
|
LCM
58
Laurion Capital Management
New York
| – | -$271K | -16,662 | Closed |
|
|
CBT
59
Central Bank & Trust
Lexington,
Kentucky
| – | -$16K | -1,000 | Closed |
|
|
BKA
60
Brick & Kyle Associates
Newtown,
Pennsylvania
| – | -$15K | -919 | Closed |
|
61
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$9K | -539 | Closed |
|
62
SEI Investments
Oaks,
Pennsylvania
| – | -$1K | -32 | Closed |
|
DPG Hedge Fund Activity: Q2 2017 in Review
52 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q2 2017, worth a combined $97.3M — down 4.3% from $102M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DPG and 5 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 18 added.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $4.99M. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $4.2M sold.
- 52 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q2 2017, down from 58 in Q1 2017.
- Funds reported $97.3M of Duff & Phelps Utility and Infrastructure Fund stock for Q2 2017, down 4.3% quarter-over-quarter.
- 5 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q2 2017 and 10 closed out, a net change of -5 holders.
- The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $4.99M added.
- The largest Duff & Phelps Utility and Infrastructure Fund seller in Q2 2017 was Cornerstone Advisors, an estimated $4.2M sold.
Based on aggregated 13F filings for Q2 2017.