Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
35 hedge funds and large institutions have $31.7M invested in Duff & Phelps Utility & Corporate Bond Trust in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
8% more capital invested
Capital invested by funds: $29.4M → $31.7M (+$2.29M)
6% more funds holding
Funds holding: 33 → 35 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.05M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$312K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$298K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$279K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$268K |
| 2 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$261K |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$171K |
| 4 |
Morgan Stanley
New York
|
-$78.6K |
| 5 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
-$75.1K |
DUC Hedge Fund Activity: Q2 2014 in Review
35 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q2 2014, worth a combined $31.7M — up 7.8% from $29.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DUC positions and 4 closed out — a net gain of 2 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.05M. The largest seller was AQR Capital Management, exiting entirely with an estimated $268K sold.
- 35 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q2 2014, up from 33 in Q1 2014.
- Funds reported $31.7M of Duff & Phelps Utility & Corporate Bond Trust stock for Q2 2014, up 7.8% quarter-over-quarter.
- 6 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q2 2014 and 4 closed out, a net change of +2 holders.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q2 2014 was Sit Investment Associates, an estimated $1.05M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q2 2014 was AQR Capital Management, an estimated $268K sold.
Based on aggregated 13F filings for Q2 2014.