Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
42 hedge funds and large institutions have $48.1M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 6 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
0% more funds holding
Funds holding: 42 → 42 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0.92% less ownership
Funds ownership: 10.46% → 9.53% (-0.92%)
2% less capital invested
Capital invested by funds: $49.2M → $48.1M (-$1.12M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.2M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$388K |
| 3 |
Millennium Management
New York
|
+$284K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$243K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$208K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$2.85M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.1M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$994K |
| 4 |
LPL Financial
San Diego,
California
|
-$920K |
| 5 |
Cohen & Steers
New York
|
-$912K |
DFP Hedge Fund Activity: Q2 2017 in Review
42 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q2 2017, worth a combined $48.1M — down 2.3% from $49.2M a quarter earlier.
Fund positioning in DFP was balanced in Q2 2017: 6 funds opened new positions, 6 closed out, 20 added to existing stakes and 13 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.2M. The largest seller was Oxbow Advisors, cutting an estimated $2.85M.
- 42 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $48.1M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q2 2017, down 2.3% quarter-over-quarter.
- 6 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q2 2017 and 6 closed out, a net change of 0 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q2 2017 was Guggenheim Capital, an estimated $1.2M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q2 2017 was Oxbow Advisors, an estimated $2.85M sold.
Based on aggregated 13F filings for Q2 2017.