We are live on ! Find out more
DFP

Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP

68 hedge funds and large institutions have $81.7M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

40% more capital invested

Capital invested by funds: $58.3M → $81.7M (+$23.5M)

37% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 19

10% more funds holding

Funds holding: 62 → 68 (+6)

5.6% more ownership

Funds ownership: 17.24% → 22.84% (+5.6%)

Holders
68
Holders Change
+6
Holders Change %
+9.68%
% of All Funds
0.99%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
12
Increased
26
Reduced
19
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$5.18M
2
RVPG
Relative Value Partners Group
+$4.61M
3
RL
RPO LLC
Connecticut
+$2.3M
4
1W
1776 Wealth
Georgia
+$1.12M
5
BFM
Boothbay Fund Management
New York
+$1.04M

Top Sellers

1
Osaic Holdings
Osaic Holdings
Arizona
-$661K
2
BPA
Beacon Pointe Advisors
California
-$486K
3
WAM
Wolverine Asset Management
Illinois
-$368K
4
WLPWM
Walled Lake Planning & Wealth Management
Illinois
-$241K
5
RJFSA
Raymond James Financial Services Advisors
Florida
-$237K
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
51
Bank of America
North Carolina
$106K -$26.3K -1,560 -21%
Northwestern Mutual Wealth Management
52
Northwestern Mutual Wealth Management
Wisconsin
$93.9K -$23.9K -1,417 -21%
MSWM
53
McGlone Suttner Wealth Management
Wisconsin
$62.6K +$59.4K +3,528 New
TC
54
Truvestments Capital
Florida
$62.1K +$59K +3,500 New
PFA
55
Pathway Financial Advisers
Indiana
$58.7K -$9.28K -551 -14%
Comerica Bank
56
Comerica Bank
Texas
$44.4K – – –
HNB
57
Huntington National Bank
Ohio
$42.6K – – –
NSIM
58
North Star Investment Management
Illinois
$39K +$1.69K +100 +5%
MIA
59
MeadowBrook Investment Advisors
Michigan
$35.8K +$33.9K +2,015 New
TWM
60
Tradition Wealth Management
Minnesota
$34K – – –
Carson Wealth (CWM LLC)
61
Carson Wealth (CWM LLC)
Nebraska
$33K +$522 +31 +2%
SPIA
62
Steward Partners Investment Advisory
New York
$31.9K – – –
IRC
63
Investors Research Corp
Georgia
$21.3K – – –
MA
64
MCF Advisors
Kentucky
$18.9K +$337 +20 +2%
OCM
65
Osterweis Capital Management
California
$18.6K – – –
GWM
66
Geneos Wealth Management
Colorado
$15.2K – – –
BWM
67
Baystate Wealth Management
Massachusetts
$8.93K +$8.46K +502 New
ASN
68
Advisory Services Network
Georgia
$6.48K +$6.15K +365 New
SIS
69
Sound Income Strategies
Florida
$4.2K – – –
AF
70
Allworth Financial
California
$1.77K – – –
BPA
71
Beacon Pointe Advisors
California
– -$486K -28,982 Closed
WLPWM
72
Walled Lake Planning & Wealth Management
Illinois
– -$241K -14,375 Closed
HighTower Advisors
73
HighTower Advisors
Illinois
– -$204K -12,234 Closed
ACP
74
Aviance Capital Partners
Florida
– -$188K -11,225 Closed
WB
75
Webster Bank
Connecticut
– -$6.32K -377 Closed
1 2
3
4

DFP Hedge Fund Activity: Q4 2023 in Review

68 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q4 2023, worth a combined $81.7M — up 40% from $58.3M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new DFP positions and 6 closed out — a net gain of 6 holders — while 26 added to existing stakes and 19 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $5.18M. The largest seller was Osaic Holdings, cutting an estimated $661K.

  • 68 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q4 2023, up from 62 in Q3 2023.
  • Funds reported $81.7M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q4 2023, up 40% quarter-over-quarter.
  • 12 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q4 2023 and 6 closed out, a net change of +6 holders.
  • The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $5.18M added.
  • The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q4 2023 was Osaic Holdings, an estimated $661K sold.

Based on aggregated 13F filings for Q4 2023.