Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
39 hedge funds and large institutions have $17.8M invested in Duff & Phelps Utility & Corporate Bond Trust in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
27% more capital invested
Capital invested by funds: $14M → $17.8M (+$3.76M)
11% more funds holding
Funds holding: 35 → 39 (+4)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.4M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$410K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$382K |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$260K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
-$1.81M |
| 2 |
FNT
First Nebraska Trust
Lincoln,
Nebraska
|
-$419K |
| 3 |
MCC
Mid Continent Capital
Chicago,
Illinois
|
-$363K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$264K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$178K |
DUC Hedge Fund Activity: Q3 2013 in Review
39 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q3 2013, worth a combined $17.8M — up 27% from $14M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DUC positions and 5 closed out — a net gain of 5 holders — while 8 added to existing stakes and 13 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $5.4M. The largest seller was Kingfisher Capital, exiting entirely with an estimated $1.81M sold.
- 39 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q3 2013, up from 35 in Q2 2013.
- Funds reported $17.8M of Duff & Phelps Utility & Corporate Bond Trust stock for Q3 2013, up 27% quarter-over-quarter.
- 10 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q3 2013 and 5 closed out, a net change of +5 holders.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q3 2013 was Sit Investment Associates, an estimated $5.4M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q3 2013 was Kingfisher Capital, an estimated $1.81M sold.
Based on aggregated 13F filings for Q3 2013.