Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
55 hedge funds and large institutions have $68.4M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 5 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
0.94% less ownership
Funds ownership: 14.31% → 13.36% (-0.94%)
4% less capital invested
Capital invested by funds: $71.5M → $68.4M (-$3.03M)
2% less funds holding
Funds holding: 56 → 55 (-1)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $27K | – | – | – |
|
|
FMP
52
Financial Management Professionals
Austin,
Texas
| $25K | -$31.6K | -1,200 | -56% |
|
|
BC
53
Barnett & Company
Chattanooga,
Tennessee
| $17K | – | – | – |
|
|
APA
54
American Portfolios Advisors
Holbrook,
New York
| $5.35K | – | – | – |
|
|
SFS
55
Sowell Financial Services
North Little Rock,
Arkansas
| $2K | – | – | – |
|
56
MML Investors Services
Springfield,
Massachusetts
| – | -$291K | -11,162 | Closed |
|
|
GSWM
57
Golden State Wealth Management
Santa Ana,
California
| – | -$263K | -10,062 | Closed |
|
|
CAN
58
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$110K | -4,218 | Closed |
|
|
FMII
59
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$26K | -1,000 | Closed |
|
|
LWS
60
Lucia Wealth Services
San Diego,
California
| – | -$1K | -33 | Closed |
|
61
Fidelity Investments
Boston,
Massachusetts
| – | +$26 | +1 | New |
|
DFP Hedge Fund Activity: Q4 2019 in Review
55 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q4 2019, worth a combined $68.4M — down 4.2% from $71.5M a quarter earlier.
Fund positioning in DFP was balanced in Q4 2019: 5 funds opened new positions, 5 closed out, 24 added to existing stakes and 17 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.08M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $4.51M.
- 55 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q4 2019, down from 56 in Q3 2019.
- Funds reported $68.4M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q4 2019, down 4.2% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q4 2019 and 5 closed out, a net change of 0 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q4 2019 was LPL Financial, an estimated $1.08M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q4 2019 was Raymond James Financial Services Advisors, an estimated $4.51M sold.
Based on aggregated 13F filings for Q4 2019.