Duff & Phelps Utility and Infrastructure Fund
DPG
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.
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: 73 → 76 (+3)
1.36% more ownership
Funds ownership: 27.04% → 28.4% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.29M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.58M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.4M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.29M |
| 5 |
Cohen & Steers
New York
|
+$899K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.54M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.23M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.22M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$813K |
| 5 |
Walleye Capital
New York
|
-$433K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citigroup
New York
| $13 | – | – | – |
|
|
LCM
77
Landscape Capital Management
Englewood,
New Jersey
| – | -$813K | -65,514 | Closed |
|
|
78
Walleye Capital
New York
| – | -$433K | -34,861 | Closed |
|
|
LNWWM
79
Laird Norton Wetherby Wealth Management
San Francisco,
California
| – | -$203K | -16,380 | Closed |
|
|
DWM
80
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$149K | -12,020 | Closed |
|
|
CA
81
Cornerstone Advisors
Asheville,
North Carolina
| – | -$72.5K | -5,838 | Closed |
|
|
CTA
82
Colonial Trust Advisors
Spartanburg,
South Carolina
| – | -$64.8K | -5,225 | Closed |
|
|
CIA
83
Cape Investment Advisory
Mcdonough,
Georgia
| – | -$4.96K | -400 | Closed |
|
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.