Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
42 hedge funds and large institutions have $34.6M invested in Duff & Phelps Utility & Corporate Bond Trust in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
17% more funds holding
Funds holding: 36 → 42 (+6)
8% more capital invested
Capital invested by funds: $32M → $34.6M (+$2.62M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.45M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.17M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.11M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$586K |
| 5 |
Morgan Stanley
New York
|
+$371K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCC
Mid Continent Capital
Chicago,
Illinois
|
-$1.01M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$416K |
| 3 |
LPL Financial
San Diego,
California
|
-$59.1K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$45.9K |
| 5 |
TWA
TCI Wealth Advisors
Tucson,
Arizona
|
-$21K |
DUC Hedge Fund Activity: Q3 2014 in Review
42 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q3 2014, worth a combined $34.6M — up 8.2% from $32M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DUC positions and 4 closed out — a net gain of 6 holders — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.45M. The largest seller was Mid Continent Capital, exiting entirely with an estimated $1.01M sold.
- 42 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q3 2014, up from 36 in Q2 2014.
- Funds reported $34.6M of Duff & Phelps Utility & Corporate Bond Trust stock for Q3 2014, up 8.2% quarter-over-quarter.
- 10 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q3 2014 and 4 closed out, a net change of +6 holders.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q3 2014 was Shaker Financial Services, an estimated $1.45M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q3 2014 was Mid Continent Capital, an estimated $1.01M sold.
Based on aggregated 13F filings for Q3 2014.