Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
56 hedge funds and large institutions have $55.6M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
2% more funds holding
Funds holding: 55 → 56 (+1)
0.84% more ownership
Funds ownership: 13.36% → 14.2% (+0.84%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less capital invested
Capital invested by funds: $68.4M → $55.6M (-$12.8M)
Top Buyers
| 1 |
1W
1776 Wealth
Atlanta,
Georgia
|
+$3.12M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.39M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$557K |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
+$491K |
| 5 |
JG
Jefferies Group
New York
|
+$462K |
Top Sellers
DFP Hedge Fund Activity: Q1 2020 in Review
56 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q1 2020, worth a combined $55.6M — down 19% from $68.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DFP positions and 8 closed out — a net gain of 3 holders — while 20 added to existing stakes and 16 trimmed.
The largest buyer was 1776 Wealth, adding an estimated $3.12M. The largest seller was Cohen & Steers, cutting an estimated $1.05M.
- 56 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q1 2020, up from 55 in Q4 2019.
- Funds reported $55.6M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q1 2020, down 19% quarter-over-quarter.
- 11 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q1 2020 and 8 closed out, a net change of +3 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q1 2020 was 1776 Wealth, an estimated $3.12M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q1 2020 was Cohen & Steers, an estimated $1.05M sold.
Based on aggregated 13F filings for Q1 2020.