Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
49 hedge funds and large institutions have $57.5M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 8 closing their positions.
20% more capital invested
Capital invested by funds: $48M → $57.5M (+$9.5M)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2.41% more ownership
Funds ownership: 10.38% → 12.79% (+2.4%)
0% more funds holding
Funds holding: 49 → 49 (0)
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
Top Buyers
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
+$8.27M |
| 2 |
Cohen & Steers
New York
|
+$2.11M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$662K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$610K |
| 5 |
LWS
Lucia Wealth Services
San Diego,
California
|
+$609K |
Top Sellers
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$786K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$696K |
| 3 |
Morgan Stanley
New York
|
-$490K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$268K |
| 5 |
Millennium Management
New York
|
-$233K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
51
Doliver Advisors
Houston,
Texas
| – | -$786K | -32,528 | Closed |
|
|
52
Millennium Management
New York
| – | -$233K | -9,622 | Closed |
|
|
COLIM
53
City of London Investment Management
London,
United Kingdom
| – | -$205K | -8,500 | Closed |
|
54
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$205K | -8,484 | Closed |
|
55
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$100K | -4,120 | Closed |
|
|
SWP
56
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$31K | -1,268 | Closed |
|
|
MGIA
57
Moneta Group Investment Advisors
St Louis,
Missouri
| – | -$15K | -600 | Closed |
|
58
SEI Investments
Oaks,
Pennsylvania
| – | -$3K | -125 | Closed |
|
DFP Hedge Fund Activity: Q2 2018 in Review
49 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q2 2018, worth a combined $57.5M — up 20% from $48M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DFP positions and 8 closed out — a net gain of 1 holder — while 18 added to existing stakes and 19 trimmed.
The largest buyer was Oxbow Advisors, opening a new position worth an estimated $8.27M. The largest seller was Doliver Advisors, exiting entirely with an estimated $786K sold.
- 49 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $57.5M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q2 2018, up 20% quarter-over-quarter.
- 9 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q2 2018 and 8 closed out, a net change of +1 holder.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q2 2018 was Oxbow Advisors, an estimated $8.27M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q2 2018 was Doliver Advisors, an estimated $786K sold.
Based on aggregated 13F filings for Q2 2018.