Duff & Phelps Utility and Infrastructure Fund
DPG
54 hedge funds and large institutions have $115M invested in Duff & Phelps Utility and Infrastructure Fund in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
1% more capital invested
Capital invested by funds: $114M → $115M (+$1.25M)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
1.3% less ownership
Funds ownership: 20.37% → 19.07% (-1.3%)
2% less funds holding
Funds holding: 55 → 54 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$3M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.33M |
| 3 |
Citigroup
New York
|
+$1.18M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$774K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$761K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.36M |
| 2 |
Morgan Stanley
New York
|
-$3.34M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.19M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.66M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.52M |
DPG Hedge Fund Activity: Q1 2016 in Review
54 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q1 2016, worth a combined $115M — up 1.1% from $114M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of DPG and 11 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 19 added.
The largest buyer was Financial & Investment Management Group, adding an estimated $3M. The largest seller was Wells Fargo, cutting an estimated $4.36M.
- 54 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q1 2016, down from 55 in Q4 2015.
- Funds reported $115M of Duff & Phelps Utility and Infrastructure Fund stock for Q1 2016, up 1.1% quarter-over-quarter.
- 11 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q1 2016 and 12 closed out, a net change of -1 holder.
- The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q1 2016 was Financial & Investment Management Group, an estimated $3M added.
- The largest Duff & Phelps Utility and Infrastructure Fund seller in Q1 2016 was Wells Fargo, an estimated $4.36M sold.
Based on aggregated 13F filings for Q1 2016.