Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
54 hedge funds and large institutions have $46M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 24 increasing their positions, 12 reducing their positions, and 10 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 12
0.05% less ownership
Funds ownership: 12.07% → 12.02% (-0.05%)
11% less funds holding
Funds holding: 61 → 54 (-7)
12% less capital invested
Capital invested by funds: $52.3M → $46M (-$6.27M)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.5M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.36M |
| 3 |
Cohen & Steers
New York
|
+$1.14M |
| 4 |
Morgan Stanley
New York
|
+$487K |
| 5 |
RWA
Ropes Wealth Advisors
Boston,
Massachusetts
|
+$393K |
Top Sellers
DFP Hedge Fund Activity: Q3 2022 in Review
54 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q3 2022, worth a combined $46M — down 12% from $52.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DFP and 3 opened new positions — a net loss of 7 holders — while 12 trimmed existing stakes and 24 added.
The largest buyer was Invesco, adding an estimated $1.5M. The largest seller was Independent Financial Group, exiting entirely with an estimated $2.08M sold.
- 54 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q3 2022, down from 61 in Q2 2022.
- Funds reported $46M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q3 2022, down 12% quarter-over-quarter.
- 3 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q3 2022 and 10 closed out, a net change of -7 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q3 2022 was Invesco, an estimated $1.5M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q3 2022 was Independent Financial Group, an estimated $2.08M sold.
Based on aggregated 13F filings for Q3 2022.