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DFP

Flaherty & Crumrine Dynamic Preferred and Income Fund

68 hedge funds and large institutions have $82.6M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

3% more funds holding

Funds holding: 6668 (+2)

3% more capital invested

Capital invested by funds: $80.2M → $82.6M (+$2.37M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.1% less ownership

Funds ownership: 14.39%14.29% (-0.1%)

13% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 24

Holders
68
Holders Change
+2
Holders Change %
+3.03%
% of All Funds
1.19%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
21
Reduced
24
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
26
PNC Financial Services Group
Pennsylvania
$784K +$465K +15,880 +156%
MFG
27
Merit Financial Group
Georgia
$780K +$2.46K +84 +0.3%
NFG
28
Next Financial Group
Texas
$707K -$50.6K -1,730 -7%
CCM
29
Covington Capital Management
California
$675K
Bank of America
30
Bank of America
North Carolina
$642K +$2.08K +71 +0.3%
SWM
31
Spire Wealth Management
Virginia
$571K +$555K +18,973 New
CG
32
Clarus Group
Texas
$550K +$468 +16 +0.1%
AF
33
Advisornet Financial
Minnesota
$478K
BW
34
Bison Wealth
Georgia
$475K +$22.8K +779 +5%
WS
35
Wedbush Securities
California
$470K -$30.1K -1,028 -6%
RJT
36
Raymond James Trust
Florida
$415K
ACP
37
Aviance Capital Partners
Florida
$414K -$29.3K -1,000 -7%
Royal Bank of Canada
38
Royal Bank of Canada
Ontario, Canada
$353K -$220K -7,522 -39%
HighTower Advisors
39
HighTower Advisors
Illinois
$327K +$293 +10 +0.1%
UBS Group
40
UBS Group
Switzerland
$316K -$108K -3,680 -26%
BCP
41
Berkeley Capital Partners
Georgia
$301K
CAN
42
Cetera Advisor Networks
California
$301K
HI
43
Harbour Investments
Wisconsin
$259K +$252K +8,608 New
KAS
44
Kestra Advisory Services
Texas
$259K +$252K +8,614 New
IAP
45
Indie Asset Partners
Indiana
$241K +$234K +8,000 New
Mercer Global Advisors
46
Mercer Global Advisors
Colorado
$225K +$218K +7,458 New
GCP
47
Gill Capital Partners
Colorado
$215K
GSWM
48
Golden State Wealth Management
California
$214K +$2.02K +69 +1%
BBA
49
BLB&B Advisors
Pennsylvania
$207K -$27.8K -950 -12%
VBCG
50
Valley Brook Capital Group
Pennsylvania
$160K -$83.4K -2,850 -35%

DFP Hedge Fund Activity: Q1 2021 in Review

68 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q1 2021, worth a combined $82.6M — up 3% from $80.2M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new DFP positions and 5 closed out — a net gain of 3 holders — while 21 added to existing stakes and 24 trimmed.

The largest buyer was Steward Partners Investment Advisory, adding an estimated $749K. The largest seller was Osaic Holdings, cutting an estimated $838K.

  • 68 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q1 2021, up from 66 in Q4 2020.
  • Funds reported $82.6M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q1 2021, up 3% quarter-over-quarter.
  • 8 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q1 2021 and 5 closed out, a net change of +3 holders.
  • The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q1 2021 was Steward Partners Investment Advisory, an estimated $749K added.
  • The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q1 2021 was Osaic Holdings, an estimated $838K sold.

Based on aggregated 13F filings for Q1 2021.