Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
43 hedge funds and large institutions have $50.7M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
13% more funds holding
Funds holding: 38 → 43 (+5)
0.3% more ownership
Funds ownership: 10.83% → 11.13% (+0.3%)
3% less capital invested
Capital invested by funds: $52.2M → $50.7M (-$1.49M)
Top Buyers
Top Sellers
| 1 |
SIA
SeaBridge Investment Advisors
Summit,
New Jersey
|
-$1.58M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$146K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$87.2K |
| 4 |
MC
Mathes Company
New York
|
-$47.9K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$43.6K |
DFP Hedge Fund Activity: Q4 2016 in Review
43 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q4 2016, worth a combined $50.7M — down 2.8% from $52.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DFP positions and 3 closed out — a net gain of 6 holders — while 17 added to existing stakes and 10 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $435K. The largest seller was SeaBridge Investment Advisors, exiting entirely with an estimated $1.58M sold.
- 43 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q4 2016, up from 38 in Q3 2016.
- Funds reported $50.7M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q4 2016, down 2.8% quarter-over-quarter.
- 9 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q4 2016 and 3 closed out, a net change of +6 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q4 2016 was City of London Investment Management, an estimated $435K added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q4 2016 was SeaBridge Investment Advisors, an estimated $1.58M sold.
Based on aggregated 13F filings for Q4 2016.