Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
39 hedge funds and large institutions have $25.5M invested in Duff & Phelps Utility & Corporate Bond Trust in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 4 closing their positions.
44% more capital invested
Capital invested by funds: $17.8M → $25.5M (+$7.76M)
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
0% more funds holding
Funds holding: 39 → 39 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$7.28M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$926K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$859K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$510K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$496K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCC
Mid Continent Capital
Chicago,
Illinois
|
-$999K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$432K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$413K |
| 4 |
Morgan Stanley
New York
|
-$147K |
| 5 |
LPL Financial
San Diego,
California
|
-$126K |
DUC Hedge Fund Activity: Q4 2013 in Review
39 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q4 2013, worth a combined $25.5M — up 44% from $17.8M a quarter earlier.
Fund positioning in DUC was balanced in Q4 2013: 4 funds opened new positions, 4 closed out, 14 added to existing stakes and 12 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $7.28M. The largest seller was Mid Continent Capital, cutting an estimated $999K.
- 39 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q4 2013, unchanged from Q3 2013.
- Funds reported $25.5M of Duff & Phelps Utility & Corporate Bond Trust stock for Q4 2013, up 44% quarter-over-quarter.
- 4 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q4 2013 and 4 closed out, a net change of 0 holders.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q4 2013 was Sit Investment Associates, an estimated $7.28M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q4 2013 was Mid Continent Capital, an estimated $999K sold.
Based on aggregated 13F filings for Q4 2013.