Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
36 hedge funds and large institutions have $92.8M invested in Duff & Phelps Utility & Corporate Bond Trust in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 4 closing their positions.
3% more capital invested
Capital invested by funds: $90.1M → $92.8M (+$2.74M)
0% more funds holding
Funds holding: 36 → 36 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.56M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.19M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$824K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$405K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$55.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
SeaBridge Investment Advisors
Summit,
New Jersey
|
-$1.55M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$638K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$621K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$159K |
| 5 |
Morgan Stanley
New York
|
-$126K |
DUC Hedge Fund Activity: Q4 2016 in Review
36 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q4 2016, worth a combined $92.8M — up 3% from $90.1M a quarter earlier.
Fund positioning in DUC was balanced in Q4 2016: 4 funds opened new positions, 4 closed out, 8 added to existing stakes and 14 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.56M. The largest seller was SeaBridge Investment Advisors, exiting entirely with an estimated $1.55M sold.
- 36 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $92.8M of Duff & Phelps Utility & Corporate Bond Trust stock for Q4 2016, up 3% quarter-over-quarter.
- 4 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q4 2016 and 4 closed out, a net change of 0 holders.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q4 2016 was Wells Fargo, an estimated $5.56M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q4 2016 was SeaBridge Investment Advisors, an estimated $1.55M sold.
Based on aggregated 13F filings for Q4 2016.