Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
40 hedge funds and large institutions have $117M invested in Duff & Phelps Utility & Corporate Bond Trust in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
11% more funds holding
Funds holding: 36 → 40 (+4)
7% more capital invested
Capital invested by funds: $110M → $117M (+$7.49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.23M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.84M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.2M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$751K |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$295K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.55M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.53M |
| 3 |
AGM
Alpine Global Management
New York
|
-$196K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$174K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$133K |
DUC Hedge Fund Activity: Q2 2018 in Review
40 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q2 2018, worth a combined $117M — up 6.8% from $110M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DUC positions and 4 closed out — a net gain of 4 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $5.23M. The largest seller was Sit Investment Associates, cutting an estimated $1.55M.
- 40 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q2 2018, up from 36 in Q1 2018.
- Funds reported $117M of Duff & Phelps Utility & Corporate Bond Trust stock for Q2 2018, up 6.8% quarter-over-quarter.
- 8 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q2 2018 and 4 closed out, a net change of +4 holders.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q2 2018 was Karpus Investment Management, an estimated $5.23M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q2 2018 was Sit Investment Associates, an estimated $1.55M sold.
Based on aggregated 13F filings for Q2 2018.