Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
36 hedge funds and large institutions have $47.3M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2013 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 2 closing their positions.
1,050% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 2
200% more capital invested
Capital invested by funds: $15.7M → $47.3M (+$31.5M)
125% more funds holding
Funds holding: 16 → 36 (+20)
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
7.92% more ownership
Funds ownership: 4.1% → 12.02% (+7.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
+$6.48M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$6.1M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.84M |
| 4 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$4.11M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$641K |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$205K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$50.9K |
| 4 |
PNC
Park National Corp
Newark,
Ohio
|
-$20.4K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$4K |
DFP Hedge Fund Activity: Q4 2013 in Review
36 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q4 2013, worth a combined $47.3M — up 200% from $15.7M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new DFP positions and 2 closed out — a net gain of 21 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Oxbow Advisors, adding an estimated $6.48M. The largest seller was Raymond James & Associates, cutting an estimated $641K.
- 36 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q4 2013, up from 16 in Q3 2013.
- Funds reported $47.3M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q4 2013, up 200% quarter-over-quarter.
- 23 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q4 2013 and 2 closed out, a net change of +21 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q4 2013 was Oxbow Advisors, an estimated $6.48M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q4 2013 was Raymond James & Associates, an estimated $641K sold.
Based on aggregated 13F filings for Q4 2013.