Duff & Phelps Utility and Infrastructure Fund
DPG
55 hedge funds and large institutions have $99.6M invested in Duff & Phelps Utility and Infrastructure Fund in 2017 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
20% more funds holding
Funds holding: 46 → 55 (+9)
6% more capital invested
Capital invested by funds: $93.8M → $99.6M (+$5.88M)
1.69% more ownership
Funds ownership: 15.13% → 16.82% (+1.7%)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$4.45M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.15M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.2M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$758K |
| 5 |
Millennium Management
New York
|
+$533K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$970K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$521K |
| 3 |
Morgan Stanley
New York
|
-$259K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$193K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$109K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| $9K | – | – | – |
|
|
RFC
52
Regions Financial Corp
Birmingham,
Alabama
| $9K | +$8.99K | +570 | New |
|
|
SPIA
53
Steward Partners Investment Advisory
New York
| $8K | +$189 | +12 | +2% |
|
54
SEI Investments
Oaks,
Pennsylvania
| $5K | +$5.52K | +350 | New |
|
55
US Bancorp
Minneapolis,
Minnesota
| $2K | +$1.97K | +125 | New |
|
|
56
Ameriprise
Minneapolis,
Minnesota
| – | -$193K | -11,905 | Closed |
|
|
IA
57
IFP Advisors
Tampa,
Florida
| – | -$51K | -3,150 | Closed |
|
58
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$48K | -2,947 | Closed |
|
|
LNB
59
Ledyard National Bank
| – | -$30K | -1,875 | Closed |
|
|
RFWA
60
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$12.9K | -792 | Closed |
|
|
CTC
61
Central Trust Company
Jefferson City,
Missouri
| – | -$4K | -255 | Closed |
|
|
NFG
62
Next Financial Group
Houston,
Texas
| – | -$3K | -200 | Closed |
|
DPG Hedge Fund Activity: Q4 2017 in Review
55 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q4 2017, worth a combined $99.6M — up 6.3% from $93.8M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new DPG positions and 7 closed out — a net gain of 9 holders — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $4.45M. The largest seller was Advisors Asset Management, cutting an estimated $970K.
- 55 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q4 2017, up from 46 in Q3 2017.
- Funds reported $99.6M of Duff & Phelps Utility and Infrastructure Fund stock for Q4 2017, up 6.3% quarter-over-quarter.
- 16 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q4 2017 and 7 closed out, a net change of +9 holders.
- The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q4 2017 was Laurion Capital Management, an estimated $4.45M added.
- The largest Duff & Phelps Utility and Infrastructure Fund seller in Q4 2017 was Advisors Asset Management, an estimated $970K sold.
Based on aggregated 13F filings for Q4 2017.