Duff & Phelps Utility and Infrastructure Fund
DPG
47 hedge funds and large institutions have $87.5M invested in Duff & Phelps Utility and Infrastructure Fund in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 14 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
0.48% less ownership
Funds ownership: 16.82% → 16.35% (-0.48%)
12% less capital invested
Capital invested by funds: $99.6M → $87.5M (-$12.2M)
15% less funds holding
Funds holding: 55 → 47 (-8)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.55M |
| 2 |
Morgan Stanley
New York
|
+$2.82M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$1.08M |
| 4 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$1M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$753K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$4.38M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.72M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.62M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.54M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Millennium Management
New York
| – | -$524K | -33,772 | Closed |
|
|
DA
52
Doliver Advisors
Houston,
Texas
| – | -$493K | -31,763 | Closed |
|
|
WAM
53
Weiss Asset Management
Boston,
Massachusetts
| – | -$471K | -30,357 | Closed |
|
54
Citadel Advisors
Miami,
Florida
| – | -$354K | -22,834 | Closed |
|
55
Brown Advisory
Baltimore,
Maryland
| – | -$233K | -15,000 | Closed |
|
|
TSS
56
Two Sigma Securities
New York
| – | -$160K | -10,339 | Closed |
|
|
PA
57
Parallel Advisors
San Francisco,
California
| – | -$25K | -1,627 | Closed |
|
|
CA
58
Calton & Associates
Tampa,
Florida
| – | -$21K | -1,349 | Closed |
|
|
RFC
59
Regions Financial Corp
Birmingham,
Alabama
| – | -$9K | -570 | Closed |
|
60
SEI Investments
Oaks,
Pennsylvania
| – | -$5K | -350 | Closed |
|
61
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -125 | Closed |
|
DPG Hedge Fund Activity: Q1 2018 in Review
47 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q1 2018, worth a combined $87.5M — down 12% from $99.6M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of DPG and 6 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 15 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $4.55M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $4.38M sold.
- 47 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q1 2018, down from 55 in Q4 2017.
- Funds reported $87.5M of Duff & Phelps Utility and Infrastructure Fund stock for Q1 2018, down 12% quarter-over-quarter.
- 6 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q1 2018 and 14 closed out, a net change of -8 holders.
- The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q1 2018 was Parametric Portfolio Associates, an estimated $4.55M added.
- The largest Duff & Phelps Utility and Infrastructure Fund seller in Q1 2018 was Laurion Capital Management, an estimated $4.38M sold.
Based on aggregated 13F filings for Q1 2018.