Duff & Phelps Utility and Infrastructure Fund
DPG
48 hedge funds and large institutions have $145M invested in Duff & Phelps Utility and Infrastructure Fund in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 10 closing their positions.
61% more capital invested
Capital invested by funds: $90.4M → $145M (+$54.8M)
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
0.28% less ownership
Funds ownership: 16.48% → 16.2% (-0.28%)
4% less funds holding
Funds holding: 50 → 48 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$428K |
| 2 |
Bank of New York Mellon
New York
|
+$374K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$331K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$331K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$1.33M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.14M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$349K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$335K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$325K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Millennium Management
New York
| – | -$154K | -10,700 | Closed |
|
|
SMFS
52
Squar Milner Financial Services
Irvine,
California
| – | -$37K | -2,600 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$25K | -1,761 | Closed |
|
|
CF
54
Centaurus Financial
Anaheim,
California
| – | -$23K | -1,566 | Closed |
|
|
RFM
55
Royal Fund Management
Lady Lake,
Florida
| – | -$15K | -1,059 | Closed |
|
56
SEI Investments
Oaks,
Pennsylvania
| – | -$4K | -268 | Closed |
|
57
Fidelity Investments
Boston,
Massachusetts
| – | +$15 | +1 | New |
|
DPG Hedge Fund Activity: Q3 2018 in Review
48 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q3 2018, worth a combined $145M — up 61% from $90.4M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DPG and 8 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $428K. The largest seller was Jaffetilchin Investment Partners, exiting entirely with an estimated $1.33M sold.
- 48 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q3 2018, down from 50 in Q2 2018.
- Funds reported $145M of Duff & Phelps Utility and Infrastructure Fund stock for Q3 2018, up 61% quarter-over-quarter.
- 8 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q3 2018 and 10 closed out, a net change of -2 holders.
- The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q3 2018 was Morgan Stanley, an estimated $428K added.
- The largest Duff & Phelps Utility and Infrastructure Fund seller in Q3 2018 was Jaffetilchin Investment Partners, an estimated $1.33M sold.
Based on aggregated 13F filings for Q3 2018.