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DPG

Duff & Phelps Utility and Infrastructure Fund

54 hedge funds and large institutions have $87.2M invested in Duff & Phelps Utility and Infrastructure Fund in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 13

13% more funds holding

Funds holding: 4854 (+6)

3.02% more ownership

Funds ownership: 16.2%19.22% (+3%)

19% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 16

40% less capital invested

Capital invested by funds: $145M → $87.2M (-$58M)

Holders
54
Holders Change
+6
Holders Change %
+12.5%
% of All Funds
1.2%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
13
Reduced
16
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$17.3M -$1.56M -115,771 -7%
PPA
2
Parametric Portfolio Associates
Washington
$9.25M -$554K -41,034 -5%
UBS Group
3
UBS Group
Switzerland
$7.91M +$18.4K +1,364 +0.2%
Wells Fargo
4
Wells Fargo
California
$6.86M +$2.53M +187,631 +48%
AAM
5
Advisors Asset Management
Colorado
$4.47M -$262K -19,444 -5%
RJA
6
Raymond James & Associates
Florida
$4.35M +$22.7K +1,679 +0.5%
WAM
7
Wolverine Asset Management
Illinois
$3.95M +$4.5M +333,534 New
GC
8
Guggenheim Capital
Illinois
$3.3M -$656K -48,634 -15%
CA
9
Cornerstone Advisors
North Carolina
$2.7M +$3.08M +227,936 New
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$2.3M -$336K -24,930 -11%
Stifel Financial
11
Stifel Financial
Missouri
$2.07M +$425K +31,525 +22%
PCP
12
Proficio Capital Partners
Massachusetts
$1.96M -$9.58K -710 -0.4%
Janus Henderson Group
13
Janus Henderson Group
United Kingdom
$1.93M
RJFSA
14
Raymond James Financial Services Advisors
Florida
$1.74M -$29.4K -2,177 -1%
SLWS
15
Swaine & Leidel Wealth Services
Florida
$1.61M +$1.53M +113,143 New
GFPC
16
Global Financial Private Capital
Florida
$1.54M -$112K -8,270 -6%
CRC
17
Curi RMB Capital
Illinois
$1.45M +$1.51M +112,016 +1,088%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$1.3M +$441K +32,677 +43%
Bank of America
19
Bank of America
North Carolina
$1.18M -$53.7K -3,981 -4%
HI
20
HBK Investments
Texas
$935K +$1.06M +78,878 New
AF
21
Advisornet Financial
Minnesota
$859K -$138K -10,200 -12%
LCM
22
Landscape Capital Management
New Jersey
$782K +$891K +65,998 New
CCP
23
Clough Capital Partners
Massachusetts
$776K +$639K +47,356 +261%
IC
24
Inscription Capital
Texas
$747K +$850K +63,008 New
6M
25
6 Meridian
Kansas
$581K +$662K +49,026 New

DPG Hedge Fund Activity: Q4 2018 in Review

54 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q4 2018, worth a combined $87.2M — down 40% from $145M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new DPG positions and 13 closed out — a net gain of 6 holders — while 13 added to existing stakes and 16 trimmed.

The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $4.5M. The largest seller was Ameriprise, exiting entirely with an estimated $55.5M sold.

  • 54 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q4 2018, up from 48 in Q3 2018.
  • Funds reported $87.2M of Duff & Phelps Utility and Infrastructure Fund stock for Q4 2018, down 40% quarter-over-quarter.
  • 19 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q4 2018 and 13 closed out, a net change of +6 holders.
  • The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q4 2018 was Wolverine Asset Management, an estimated $4.5M added.
  • The largest Duff & Phelps Utility and Infrastructure Fund seller in Q4 2018 was Ameriprise, an estimated $55.5M sold.

Based on aggregated 13F filings for Q4 2018.