Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
40 hedge funds and large institutions have $136M invested in Duff & Phelps Utility & Corporate Bond Trust in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
11% more funds holding
Funds holding: 36 → 40 (+4)
4% more capital invested
Capital invested by funds: $131M → $136M (+$5.07M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.24M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.72M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.55M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$836K |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$753K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.87M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.02M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$167K |
| 4 |
Lido Advisors
Los Angeles,
California
|
-$161K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$87K |
DUC Hedge Fund Activity: Q2 2019 in Review
40 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q2 2019, worth a combined $136M — up 3.9% from $131M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DUC positions and 1 closed out — a net gain of 4 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $3.24M. The largest seller was Wells Fargo, cutting an estimated $3.87M.
- 40 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q2 2019, up from 36 in Q1 2019.
- Funds reported $136M of Duff & Phelps Utility & Corporate Bond Trust stock for Q2 2019, up 3.9% quarter-over-quarter.
- 5 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q2 2019 and 1 closed out, a net change of +4 holders.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q2 2019 was Sit Investment Associates, an estimated $3.24M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q2 2019 was Wells Fargo, an estimated $3.87M sold.
Based on aggregated 13F filings for Q2 2019.