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DUC

Duff & Phelps Utility & Corporate Bond Trust

Delisted

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 11 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 4

33% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 9

20% more funds holding

Funds holding: 3542 (+7)

9% more capital invested

Capital invested by funds: $31.7M → $34.6M (+$2.95M)

Holders
42
Holders Change
+7
Holders Change %
+20%
% of All Funds
1.22%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
12
Reduced
9
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$18.4M -$416K -40,809 -2%
Wells Fargo
2
Wells Fargo
California
$2.97M +$1.11M +109,077 +56%
Morgan Stanley
3
Morgan Stanley
New York
$1.96M +$371K +36,392 +22%
Invesco
4
Invesco
Georgia
$1.71M +$168K +16,438 +10%
SFS
5
Shaker Financial Services
Virginia
$1.67M +$1.45M +142,019 +499%
KIM
6
Karpus Investment Management
New York
$1.12M +$1.17M +114,698 New
Bank of America
7
Bank of America
North Carolina
$820K -$7.46K -732 -0.9%
GC
8
Guggenheim Capital
Illinois
$777K +$241K +23,676 +42%
1CP
9
1607 Capital Partners
Virginia
$687K -$45.9K -4,500 -6%
DA
10
Doliver Advisors
Texas
$562K +$586K +57,448 New
CA
11
Cetera Advisors
Colorado
$420K -$8.02K -787 -2%
FNT
12
First Nebraska Trust
Nebraska
$304K +$317K +31,100 New
COLIM
13
City of London Investment Management
United Kingdom
$304K +$317K +31,129 New
U
14
UBS
Switzerland
$265K +$24.6K +2,416 +10%
WCM
15
Windsor Capital Management
Arizona
$264K -$11.2K -1,099 -4%
WAM
16
Wolverine Asset Management
Illinois
$239K +$249K +24,454 New
RJA
17
Raymond James & Associates
Florida
$209K
VKH
18
Virtu KCG Holdings
New York
$193K +$201K +19,739 New
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$190K +$51.8K +5,084 +36%
ICOA
20
Investment Centers of America
North Dakota
$187K +$196K +19,248 New
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$186K -$11K -1,075 -5%
LPL Financial
22
LPL Financial
California
$174K -$59.1K -5,799 -25%
Mariner
23
Mariner
Kansas
$163K -$10.3K -1,007 -6%
LCM
24
Landscape Capital Management
New Jersey
$154K +$160K +15,694 New
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$132K +$26K +2,547 +23%

DUC Hedge Fund Activity: Q3 2014 in Review

42 of the 3,447 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 9.3% from $31.7M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new DUC positions and 4 closed out — a net gain of 7 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 35 in Q2 2014.
  • Funds reported $34.6M of Duff & Phelps Utility & Corporate Bond Trust stock for Q3 2014, up 9.3% quarter-over-quarter.
  • 11 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q3 2014 and 4 closed out, a net change of +7 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.