Matisse Capital’s Flaherty & Crumrine Total Return Fund FLC Stock Holding History

Matisse Capital’s Portfolio FLC Stock Details FLC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-76,304	Closed	-$1.3M	–	169
2025 Q2	$1.3M	Hold	76,304	–	–	0.61%	57
2025 Q1	$1.28M	Sell	76,304 -18,996	-20%	-$322K	0.68%	50
2024 Q4	$1.59M	Hold	95,300	–	–	0.81%	44
2024 Q3	$1.65M	Hold	95,300	–	–	0.8%	41
2024 Q2	$1.48M	Buy	95,300 +17,795	+23%	+$270K	0.73%	44
2024 Q1	$1.2M	Buy	77,505 +36,219	+88%	+$544K	0.58%	60
2023 Q4	$601K	Buy	+41,286	New	+$570K	0.32%	105

Other funds holding FLC

SIA

Sit Investment Associates Minneapolis, Minnesota $4.93B AUM 12.22% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

AAM

Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return

NWMP

Noble Wealth Management PBC Greenwood Village, Colorado $223M AUM 16.47% 1-Year Est. Return

SFS

Sowell Financial Services North Little Rock, Arkansas $3.06B AUM 30.02% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

SAM

Smith Asset Management Chiefland, Florida $127M AUM 5.85% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Pathstone Holdings Englewood, New Jersey $25.1B AUM 22.95% 1-Year Est. Return

HWAM

Hennion & Walsh Asset Management Parsippany, New Jersey $3.5B AUM 41.95% 1-Year Est. Return

Matisse Capital's FLC Position: Q3 2025 in Review

Matisse Capital sold out of Flaherty & Crumrine Total Return Fund (FLC) in Q3 2025, closing a stake of 76,304 shares — an estimated $1.3M sold.

Matisse Capital first reported a position in FLC in Q4 2023 and held it in 7 quarters. The position peaked at $1.65M in Q3 2024. 45 funds tracked by Wall St. Rank hold FLC as of Q3 2025.

Matisse Capital reported no remaining Flaherty & Crumrine Total Return Fund position as of Q3 2025 after selling out during the quarter.
Matisse Capital sold 76,304 Flaherty & Crumrine Total Return Fund shares in Q3 2025, an estimated $1.3M.
Matisse Capital first reported a position in Flaherty & Crumrine Total Return Fund in Q4 2023 and held it in 7 quarters.
Matisse Capital's Flaherty & Crumrine Total Return Fund position peaked at $1.65M in Q3 2024.
45 funds tracked by Wall St. Rank held Flaherty & Crumrine Total Return Fund as of Q3 2025.

Based on Matisse Capital's 13F filing for Q3 2025, filed 29 Oct 2025.