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DPG

Duff & Phelps Utility and Infrastructure Fund

39 hedge funds and large institutions have $72.7M invested in Duff & Phelps Utility and Infrastructure Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 8

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

14% more capital invested

Capital invested by funds: $63.8M → $72.7M (+$8.89M)

8% more funds holding

Funds holding: 3639 (+3)

1.06% more ownership

Funds ownership: 9%10.05% (+1.1%)

Holders
39
Holders Change
+3
Holders Change %
+8.33%
% of All Funds
1.13%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
15
Reduced
8
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$17.7M +$273K +14,398 +2%
Wells Fargo
2
Wells Fargo
California
$14.1M -$1.44M -76,015 -9%
Invesco
3
Invesco
Georgia
$8.87M +$1.7M +89,452 +24%
AAM
4
Advisors Asset Management
Colorado
$6.6M +$3.78M +199,027 +136%
LNB
5
Ledyard National Bank
$3.65M -$718K -37,834 -17%
GC
6
Guggenheim Capital
Illinois
$2.93M +$2.21M +116,292 +313%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$2.18M -$70.9K -3,737 -3%
PPA
8
Parametric Portfolio Associates
Washington
$1.95M +$187K +9,876 +11%
U
9
UBS
Switzerland
$1.92M +$530K +27,923 +38%
CA
10
Cornerstone Advisors
North Carolina
$1.84M -$165K -8,714 -8%
TC
11
TFS Capital
Pennsylvania
$1.65M +$591K +31,124 +56%
RJA
12
Raymond James & Associates
Florida
$1.43M +$355K +18,689 +33%
Bank of America
13
Bank of America
North Carolina
$1M -$446K -23,490 -31%
First Trust Advisors
14
First Trust Advisors
Illinois
$1M +$100K +5,273 +11%
AIM
15
Assured Investment Management
New York
$799K
KFS
16
KMS Financial Services
Washington
$697K +$197K +10,400 +40%
PP
17
Paloma Partners
Connecticut
$658K +$655K +34,506 New
LPL Financial
18
LPL Financial
California
$588K +$38K +2,004 +7%
FAM
19
Formidable Asset Management
Ohio
$479K -$102K -5,400 -17%
RCM
20
Robinson Capital Management
Michigan
$435K +$432K +22,754 New
Citigroup
21
Citigroup
New York
$409K +$29.4K +1,550 +8%
SAM
22
SignalPoint Asset Management
Missouri
$357K +$68.4K +3,605 +24%
WS
23
Wedbush Securities
California
$352K +$50.1K +2,640 +17%
VKH
24
Virtu KCG Holdings
New York
$232K +$231K +12,149 New
FAM
25
Forty4 Asset Management
Illinois
$208K

DPG Hedge Fund Activity: Q4 2013 in Review

39 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q4 2013, worth a combined $72.7M — up 14% from $63.8M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new DPG positions and 4 closed out — a net gain of 3 holders — while 15 added to existing stakes and 8 trimmed.

The largest buyer was Advisors Asset Management, adding an estimated $3.78M. The largest seller was Wells Fargo, cutting an estimated $1.44M.

  • 39 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q4 2013, up from 36 in Q3 2013.
  • Funds reported $72.7M of Duff & Phelps Utility and Infrastructure Fund stock for Q4 2013, up 14% quarter-over-quarter.
  • 7 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q4 2013 and 4 closed out, a net change of +3 holders.
  • The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q4 2013 was Advisors Asset Management, an estimated $3.78M added.
  • The largest Duff & Phelps Utility and Infrastructure Fund seller in Q4 2013 was Wells Fargo, an estimated $1.44M sold.

Based on aggregated 13F filings for Q4 2013.