Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
33 hedge funds and large institutions have $48.7M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 8 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
3% more capital invested
Capital invested by funds: $47.3M → $48.7M (+$1.47M)
0.3% less ownership
Funds ownership: 12.02% → 11.71% (-0.3%)
8% less funds holding
Funds holding: 36 → 33 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$2.97M |
| 2 |
KFS
KMS Financial Services
Seattle,
Washington
|
+$1.29M |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
+$1.16M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$939K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$912K |
Top Sellers
DFP Hedge Fund Activity: Q1 2014 in Review
33 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q1 2014, worth a combined $48.7M — up 3.1% from $47.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DFP and 5 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was Invesco, adding an estimated $2.97M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $4.88M sold.
- 33 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q1 2014, down from 36 in Q4 2013.
- Funds reported $48.7M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q1 2014, up 3.1% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q1 2014 and 8 closed out, a net change of -3 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q1 2014 was Invesco, an estimated $2.97M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q1 2014 was Sit Investment Associates, an estimated $4.88M sold.
Based on aggregated 13F filings for Q1 2014.