Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
38 hedge funds and large institutions have $80.6M invested in Duff & Phelps Utility & Corporate Bond Trust in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
19% more funds holding
Funds holding: 32 → 38 (+6)
6% more capital invested
Capital invested by funds: $76.1M → $80.6M (+$4.57M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.54M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.62M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.58M |
| 4 |
LCM
Laurion Capital Management
New York
|
+$593K |
| 5 |
LPL Financial
San Diego,
California
|
+$321K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.73M |
| 2 |
Morgan Stanley
New York
|
-$158K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$48.3K |
| 4 |
UFA
US Financial Advisors
Braintree,
Massachusetts
|
-$28K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$19K |
DUC Hedge Fund Activity: Q4 2015 in Review
38 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q4 2015, worth a combined $80.6M — up 6% from $76.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DUC positions and 5 closed out — a net gain of 6 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.54M. The largest seller was Sit Investment Associates, cutting an estimated $1.73M.
- 38 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q4 2015, up from 32 in Q3 2015.
- Funds reported $80.6M of Duff & Phelps Utility & Corporate Bond Trust stock for Q4 2015, up 6% quarter-over-quarter.
- 11 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q4 2015 and 5 closed out, a net change of +6 holders.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q4 2015 was Karpus Investment Management, an estimated $2.54M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q4 2015 was Sit Investment Associates, an estimated $1.73M sold.
Based on aggregated 13F filings for Q4 2015.