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DPG

Duff & Phelps Utility and Infrastructure Fund

76 hedge funds and large institutions have $136M invested in Duff & Phelps Utility and Infrastructure Fund in 2025 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 20 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

50% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 20

9% more capital invested

Capital invested by funds: $125M → $136M (+$11.6M)

4% more funds holding

Funds holding: 7376 (+3)

1.36% more ownership

Funds ownership: 27.04%28.4% (+1.4%)

Holders
76
Holders Change
+3
Holders Change %
+4.11%
% of All Funds
1%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
11
Increased
30
Reduced
20
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Carson Wealth (CWM LLC)
51
Carson Wealth (CWM LLC)
Nebraska
$187K
CCG
52
Catalina Capital Group
California
$167K
FFN
53
Focus Financial Network
Minnesota
$156K -$34.3K -2,734 -18%
HighTower Advisors
54
HighTower Advisors
Illinois
$152K +$147K +11,739 New
BRWA
55
B. Riley Wealth Advisors
Florida
$134K +$63 +5 +0%
CL
56
CSS LLC
Illinois
$132K -$25.1K -2,000 -16%
Kovitz Investment Group Partners
57
Kovitz Investment Group Partners
Illinois
$129K
SPIA
58
Steward Partners Investment Advisory
New York
$83.7K -$22K -1,750 -21%
Rockefeller Capital Management
59
Rockefeller Capital Management
New York
$64.5K +$62.8K +5,000 New
FFA
60
Farther Finance Advisors
California
$47.1K +$641 +51 +1%
HCM
61
Hollencrest Capital Management
California
$39.5K
CA
62
CoreCap Advisors
Michigan
$33.6K
Comerica Bank
63
Comerica Bank
Texas
$29.9K
GI
64
GS Investments
Minnesota
$25.8K +$25.1K +2,000 New
OIA
65
Optimum Investment Advisors
Illinois
$16.8K
AF
66
Allworth Financial
California
$16.1K
AAG
67
Armstrong Advisory Group
Massachusetts
$14.4K +$226 +18 +2%
AssetMark Inc
68
AssetMark Inc
California
$9.29K +$9.04K +720 New
GWM
69
Geneos Wealth Management
Colorado
$9.04K -$4.62K -368 -34%
ECM
70
Estabrook Capital Management
New York
$6.58K +$113 +9 +2%
HIA
71
Harbor Investment Advisory
Maryland
$5.16K
CWP
72
Concord Wealth Partners
Virginia
$4.82K +$2.9K +231 +163%
ASN
73
Advisory Services Network
Georgia
$3.71K +$3.6K +287 New
HI
74
Harbour Investments
Wisconsin
$1.14K
KFI
75
Key Financial Inc
Pennsylvania
$690

DPG Hedge Fund Activity: Q3 2025 in Review

76 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q3 2025, worth a combined $136M — up 9.3% from $125M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new DPG positions and 7 closed out — a net gain of 4 holders — while 30 added to existing stakes and 20 trimmed.

The largest buyer was Advisors Asset Management, adding an estimated $4.29M. The largest seller was Karpus Investment Management, cutting an estimated $2.54M.

  • 76 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q3 2025, up from 73 in Q2 2025.
  • Funds reported $136M of Duff & Phelps Utility and Infrastructure Fund stock for Q3 2025, up 9.3% quarter-over-quarter.
  • 11 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q3 2025 and 7 closed out, a net change of +4 holders.
  • The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q3 2025 was Advisors Asset Management, an estimated $4.29M added.
  • The largest Duff & Phelps Utility and Infrastructure Fund seller in Q3 2025 was Karpus Investment Management, an estimated $2.54M sold.

Based on aggregated 13F filings for Q3 2025.