Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
39 hedge funds and large institutions have $93.1M invested in Duff & Phelps Utility & Corporate Bond Trust in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 38 → 39 (+1)
2% more capital invested
Capital invested by funds: $91.5M → $93.1M (+$1.53M)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.24M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$874K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$375K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$145K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$354K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$324K |
| 3 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$260K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$142K |
| 5 |
Morgan Stanley
New York
|
-$96.9K |
DUC Hedge Fund Activity: Q2 2017 in Review
39 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q2 2017, worth a combined $93.1M — up 1.7% from $91.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DUC positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.24M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $354K sold.
- 39 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q2 2017, up from 38 in Q1 2017.
- Funds reported $93.1M of Duff & Phelps Utility & Corporate Bond Trust stock for Q2 2017, up 1.7% quarter-over-quarter.
- 4 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q2 2017 and 3 closed out, a net change of +1 holder.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q2 2017 was Shaker Financial Services, an estimated $1.24M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q2 2017 was Laurion Capital Management, an estimated $354K sold.
Based on aggregated 13F filings for Q2 2017.