Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
36 hedge funds and large institutions have $68.6M invested in Duff & Phelps Utility & Corporate Bond Trust in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
12% more capital invested
Capital invested by funds: $61.5M → $68.6M (+$7.08M)
6% more funds holding
Funds holding: 34 → 36 (+2)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.94M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.09M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.33M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$526K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$325K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.33M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$860K |
| 3 |
Morgan Stanley
New York
|
-$377K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$209K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$106K |
DUC Hedge Fund Activity: Q2 2015 in Review
36 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q2 2015, worth a combined $68.6M — up 12% from $61.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DUC positions and 4 closed out — a net gain of 2 holders — while 11 added to existing stakes and 11 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $5.94M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $2.33M sold.
- 36 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q2 2015, up from 34 in Q1 2015.
- Funds reported $68.6M of Duff & Phelps Utility & Corporate Bond Trust stock for Q2 2015, up 12% quarter-over-quarter.
- 6 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q2 2015 and 4 closed out, a net change of +2 holders.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q2 2015 was Karpus Investment Management, an estimated $5.94M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q2 2015 was Shaker Financial Services, an estimated $2.33M sold.
Based on aggregated 13F filings for Q2 2015.