Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
45 hedge funds and large institutions have $100M invested in Duff & Phelps Utility & Corporate Bond Trust in 2017 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 2 closing their positions.
550% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 2
32% more funds holding
Funds holding: 34 → 45 (+11)
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
4% more capital invested
Capital invested by funds: $95.7M → $100M (+$4.28M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.7M |
| 2 |
SG Americas Securities
New York
|
+$421K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$414K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$336K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$317K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$540K |
| 2 |
LCM
Laurion Capital Management
New York
|
-$300K |
| 3 |
Morgan Stanley
New York
|
-$198K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$139K |
| 5 |
LPL Financial
San Diego,
California
|
-$127K |
DUC Hedge Fund Activity: Q4 2017 in Review
45 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q4 2017, worth a combined $100M — up 4.5% from $95.7M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DUC positions and 2 closed out — a net gain of 11 holders — while 12 added to existing stakes and 10 trimmed.
The largest buyer was Wells Fargo, adding an estimated $6.7M. The largest seller was Shaker Financial Services, cutting an estimated $540K.
- 45 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q4 2017, up from 34 in Q3 2017.
- Funds reported $100M of Duff & Phelps Utility & Corporate Bond Trust stock for Q4 2017, up 4.5% quarter-over-quarter.
- 13 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q4 2017 and 2 closed out, a net change of +11 holders.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q4 2017 was Wells Fargo, an estimated $6.7M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q4 2017 was Shaker Financial Services, an estimated $540K sold.
Based on aggregated 13F filings for Q4 2017.