Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
42 hedge funds and large institutions have $49.2M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 6 closing their positions.
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0.67% less ownership
Funds ownership: 11.13% → 10.46% (-0.67%)
3% less capital invested
Capital invested by funds: $50.7M → $49.2M (-$1.54M)
2% less funds holding
Funds holding: 43 → 42 (-1)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$870K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$405K |
| 3 |
STMM
South Texas Money Management
San Antonio,
Texas
|
+$256K |
| 4 |
MWM
Meridian Wealth Management
Lexington,
Kentucky
|
+$246K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$237K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.04M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$632K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$537K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$437K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$367K |
DFP Hedge Fund Activity: Q1 2017 in Review
42 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q1 2017, worth a combined $49.2M — down 3% from $50.7M a quarter earlier.
Fund positioning in DFP was balanced in Q1 2017: 6 funds opened new positions, 6 closed out, 12 added to existing stakes and 18 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $870K. The largest seller was UBS Group, cutting an estimated $2.04M.
- 42 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q1 2017, down from 43 in Q4 2016.
- Funds reported $49.2M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q1 2017, down 3% quarter-over-quarter.
- 6 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q1 2017 and 6 closed out, a net change of 0 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q1 2017 was Cohen & Steers, an estimated $870K added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q1 2017 was UBS Group, an estimated $2.04M sold.
Based on aggregated 13F filings for Q1 2017.