Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
49 hedge funds and large institutions have $48M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 21 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
9% more funds holding
Funds holding: 45 → 49 (+4)
0.93% more ownership
Funds ownership: 9.45% → 10.38% (+0.93%)
1% less capital invested
Capital invested by funds: $48.3M → $48M (-$264K)
29% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 21
Top Buyers
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.18M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$699K |
| 3 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
-$392K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$386K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$377K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFC
51
Regions Financial Corp
Birmingham,
Alabama
| – | -$16K | -600 | Closed |
|
52
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$13K | -500 | Closed |
|
|
CA
53
Calton & Associates
Tampa,
Florida
| – | -$12K | -473 | Closed |
|
|
PA
54
Parallel Advisors
San Francisco,
California
| – | -$5K | -178 | Closed |
|
DFP Hedge Fund Activity: Q1 2018 in Review
49 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q1 2018, worth a combined $48M — down 0.55% from $48.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DFP positions and 5 closed out — a net gain of 4 holders — while 15 added to existing stakes and 21 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $2.58M. The largest seller was Invesco, cutting an estimated $1.18M.
- 49 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q1 2018, up from 45 in Q4 2017.
- Funds reported $48M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q1 2018, down 0.55% quarter-over-quarter.
- 9 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q1 2018 and 5 closed out, a net change of +4 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q1 2018 was Raymond James Financial Services Advisors, an estimated $2.58M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q1 2018 was Invesco, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2018.