Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
40 hedge funds and large institutions have $53.8M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
56% more capital inflows, than outflows
Capital inflows: $6.07M | Capital outflows: $3.89M
25% more funds holding
Funds holding: 32 → 40 (+8)
0.01% more ownership
Funds ownership: 12.61% → 12.62% (+0.01%)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Oxbow Advisors
Austin,
Texas
|
+$789K |
| 2 |
Virtu KCG Holdings
New York
|
+$542K |
| 3 |
LPL Financial
San Diego,
California
|
+$417K |
| 4 |
JP Morgan Chase
New York
|
+$289K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Relative Value Partners
Northbrook,
Illinois
|
-$2.81M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$357K |
| 3 |
Prospera Financial Services
Dallas,
Texas
|
-$198K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$145K |
| 5 |
Cohen & Steers
New York
|
-$106K |
DFP Hedge Fund Activity: Q4 2014 in Review
40 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q4 2014, worth a combined $53.8M — down 1.4% from $54.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DFP positions and 1 closed out — a net gain of 9 holders — while 12 added to existing stakes and 13 trimmed.
The largest buyer was Oxbow Advisors, adding an estimated $789K. The largest seller was Relative Value Partners, cutting an estimated $2.81M.
- 40 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q4 2014, up from 32 in Q3 2014.
- Funds reported $53.8M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q4 2014, down 1.4% quarter-over-quarter.
- 10 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q4 2014 and 1 closed out, a net change of +9 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q4 2014 was Oxbow Advisors, an estimated $789K added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q4 2014 was Relative Value Partners, an estimated $2.81M sold.
Based on aggregated 13F filings for Q4 2014.