Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
41 hedge funds and large institutions have $123M invested in Duff & Phelps Utility & Corporate Bond Trust in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 7 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
4% more capital invested
Capital invested by funds: $118M → $123M (+$4.51M)
0% more funds holding
Funds holding: 41 → 41 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.63M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.05M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.31M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.18M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$717K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.67M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$633K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$212K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$113K |
| 5 |
SG Americas Securities
New York
|
-$103K |
DUC Hedge Fund Activity: Q4 2018 in Review
41 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q4 2018, worth a combined $123M — up 3.8% from $118M a quarter earlier.
Fund positioning in DUC was balanced in Q4 2018: 7 funds opened new positions, 7 closed out, 13 added to existing stakes and 7 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.63M. The largest seller was Invesco, exiting entirely with an estimated $2.67M sold.
- 41 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $123M of Duff & Phelps Utility & Corporate Bond Trust stock for Q4 2018, up 3.8% quarter-over-quarter.
- 7 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q4 2018 and 7 closed out, a net change of 0 holders.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q4 2018 was Wells Fargo, an estimated $3.63M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q4 2018 was Invesco, an estimated $2.67M sold.
Based on aggregated 13F filings for Q4 2018.