Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
36 hedge funds and large institutions have $53.5M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 6 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
10% more capital invested
Capital invested by funds: $48.7M → $53.5M (+$4.77M)
9% more funds holding
Funds holding: 33 → 36 (+3)
0.15% more ownership
Funds ownership: 11.71% → 11.86% (+0.15%)
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$3.17M |
| 2 |
Cohen & Steers
New York
|
+$1.84M |
| 3 |
EML
Eos Management LP
New York
|
+$1.31M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$868K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$783K |
Top Sellers
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$5.96M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$1.26M |
| 3 |
SCM
Saba Capital Management
New York
|
-$956K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$666K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$458K |
DFP Hedge Fund Activity: Q2 2014 in Review
36 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q2 2014, worth a combined $53.5M — up 9.8% from $48.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DFP positions and 6 closed out — a net gain of 3 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Invesco, adding an estimated $3.17M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $5.96M sold.
- 36 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q2 2014, up from 33 in Q1 2014.
- Funds reported $53.5M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q2 2014, up 9.8% quarter-over-quarter.
- 9 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q2 2014 and 6 closed out, a net change of +3 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q2 2014 was Invesco, an estimated $3.17M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q2 2014 was Mariner Investment Group, an estimated $5.96M sold.
Based on aggregated 13F filings for Q2 2014.