Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
35 hedge funds and large institutions have $61.3M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 6 closing their positions.
10% more capital invested
Capital invested by funds: $55.8M → $61.3M (+$5.52M)
1.25% more ownership
Funds ownership: 13.05% → 14.3% (+1.3%)
0% more funds holding
Funds holding: 35 → 35 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$6.57M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.88M |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
+$780K |
| 4 |
Cohen & Steers
New York
|
+$554K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.37M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$1.11M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$866K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$854K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$330K |
DFP Hedge Fund Activity: Q3 2015 in Review
35 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q3 2015, worth a combined $61.3M — up 9.9% from $55.8M a quarter earlier.
Fund positioning in DFP was balanced in Q3 2015: 6 funds opened new positions, 6 closed out, 11 added to existing stakes and 11 trimmed.
The largest buyer was McGowan Group Asset Management, opening a new position worth an estimated $6.57M. The largest seller was Invesco, cutting an estimated $1.37M.
- 35 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q3 2015, unchanged from Q2 2015.
- Funds reported $61.3M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q3 2015, up 9.9% quarter-over-quarter.
- 6 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q3 2015 and 6 closed out, a net change of 0 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q3 2015 was McGowan Group Asset Management, an estimated $6.57M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q3 2015 was Invesco, an estimated $1.37M sold.
Based on aggregated 13F filings for Q3 2015.