Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
33 hedge funds and large institutions have $53.9M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 13 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
0% more capital invested
Capital invested by funds: $53.8M → $53.9M (+$51.2K)
0.61% less ownership
Funds ownership: 12.62% → 12.01% (-0.61%)
18% less funds holding
Funds holding: 40 → 33 (-7)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$719K |
| 2 |
SIA
SeaBridge Investment Advisors
Summit,
New Jersey
|
+$547K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$414K |
| 4 |
MC
Mathes Company
New York
|
+$269K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$997K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$838K |
| 3 |
CCM
Covington Capital Management
Los Angeles,
California
|
-$688K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$526K |
| 5 |
PNC
Park National Corp
Newark,
Ohio
|
-$512K |
DFP Hedge Fund Activity: Q1 2015 in Review
33 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q1 2015, worth a combined $53.9M — up 0.1% from $53.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DFP and 6 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 14 added.
The largest buyer was Aviance Capital Partners, adding an estimated $719K. The largest seller was First Foundation Advisors, cutting an estimated $997K.
- 33 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q1 2015, down from 40 in Q4 2014.
- Funds reported $53.9M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q1 2015, up 0.1% quarter-over-quarter.
- 6 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q1 2015 and 13 closed out, a net change of -7 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q1 2015 was Aviance Capital Partners, an estimated $719K added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q1 2015 was First Foundation Advisors, an estimated $997K sold.
Based on aggregated 13F filings for Q1 2015.