Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
35 hedge funds and large institutions have $53M invested in Duff & Phelps Utility & Corporate Bond Trust in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 10 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 7
53% more capital invested
Capital invested by funds: $34.6M → $53M (+$18.4M)
17% less funds holding
Funds holding: 42 → 35 (-7)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$9.8M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.71M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.5M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$813K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$509K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$562K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$304K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$209K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$193K |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$187K |
DUC Hedge Fund Activity: Q4 2014 in Review
35 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q4 2014, worth a combined $53M — up 53% from $34.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DUC and 4 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 15 added.
The largest buyer was Sit Investment Associates, adding an estimated $9.8M. The largest seller was Doliver Advisors, exiting entirely with an estimated $562K sold.
- 35 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q4 2014, down from 42 in Q3 2014.
- Funds reported $53M of Duff & Phelps Utility & Corporate Bond Trust stock for Q4 2014, up 53% quarter-over-quarter.
- 4 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q4 2014 and 10 closed out, a net change of -6 holders.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q4 2014 was Sit Investment Associates, an estimated $9.8M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q4 2014 was Doliver Advisors, an estimated $562K sold.
Based on aggregated 13F filings for Q4 2014.