Diversified Real Asset Income Fd
DRA
DRA was delisted on the 8th of September, 2017.
63 hedge funds and large institutions have $82.4M invested in Diversified Real Asset Income Fd in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 28 reducing their positions, and 7 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
7% more funds holding
Funds holding: 59 → 63 (+4)
15% less capital invested
Capital invested by funds: $97.4M → $82.4M (-$15M)
43% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$5.15M |
| 2 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
+$2.55M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$2.34M |
| 4 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$1.94M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$11.3M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$6.93M |
| 3 |
RVPG
Relative Value Partners Group
|
-$5.73M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.38M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.02M |
DRA Hedge Fund Activity: Q4 2015 in Review
63 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Diversified Real Asset Income Fd (DRA) for Q4 2015, worth a combined $82.4M — down 15% from $97.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DRA positions and 7 closed out — a net gain of 4 holders — while 16 added to existing stakes and 28 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $5.15M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $11.3M sold.
- 63 institutional investors held Diversified Real Asset Income Fd (DRA) as of Q4 2015, up from 59 in Q3 2015.
- Funds reported $82.4M of Diversified Real Asset Income Fd stock for Q4 2015, down 15% quarter-over-quarter.
- 11 funds opened new Diversified Real Asset Income Fd positions in Q4 2015 and 7 closed out, a net change of +4 holders.
- The largest Diversified Real Asset Income Fd buyer in Q4 2015 was Bulldog Investors, an estimated $5.15M added.
- The largest Diversified Real Asset Income Fd seller in Q4 2015 was Sit Investment Associates, an estimated $11.3M sold.
Based on aggregated 13F filings for Q4 2015.