Duff & Phelps Utility and Infrastructure Fund
DPG
66 hedge funds and large institutions have $52.7M invested in Duff & Phelps Utility and Infrastructure Fund in 2023 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
11% more capital invested
Capital invested by funds: $47.6M → $52.7M (+$5.06M)
8% more funds holding
Funds holding: 61 → 66 (+5)
3.19% more ownership
Funds ownership: 12.83% → 16.03% (+3.2%)
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.62M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.16M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.33M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.32M |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.22M |
| 2 |
LPL Financial
San Diego,
California
|
-$854K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$801K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$349K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$206K |
DPG Hedge Fund Activity: Q3 2023 in Review
66 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility and Infrastructure Fund (DPG) for Q3 2023, worth a combined $52.7M — up 11% from $47.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DPG positions and 9 closed out — a net gain of 5 holders — while 17 added to existing stakes and 16 trimmed.
The largest buyer was Cornerstone Advisors, opening a new position worth an estimated $2.62M. The largest seller was Morgan Stanley, cutting an estimated $1.22M.
- 66 institutional investors held Duff & Phelps Utility and Infrastructure Fund (DPG) as of Q3 2023, up from 61 in Q2 2023.
- Funds reported $52.7M of Duff & Phelps Utility and Infrastructure Fund stock for Q3 2023, up 11% quarter-over-quarter.
- 14 funds opened new Duff & Phelps Utility and Infrastructure Fund positions in Q3 2023 and 9 closed out, a net change of +5 holders.
- The largest Duff & Phelps Utility and Infrastructure Fund buyer in Q3 2023 was Cornerstone Advisors, an estimated $2.62M added.
- The largest Duff & Phelps Utility and Infrastructure Fund seller in Q3 2023 was Morgan Stanley, an estimated $1.22M sold.
Based on aggregated 13F filings for Q3 2023.