Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
55 hedge funds and large institutions have $62.3M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 6 closing their positions.
17% more capital invested
Capital invested by funds: $53.3M → $62.3M (+$8.95M)
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.4% less ownership
Funds ownership: 13.74% → 13.34% (-0.4%)
2% less funds holding
Funds holding: 56 → 55 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$395K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$303K |
| 3 |
BCP
Berkeley Capital Partners
Milton,
Georgia
|
+$238K |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
+$232K |
| 5 |
LPL Financial
San Diego,
California
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$633K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$616K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$450K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$352K |
| 5 |
Morgan Stanley
New York
|
-$248K |
DFP Hedge Fund Activity: Q2 2020 in Review
55 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q2 2020, worth a combined $62.3M — up 17% from $53.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DFP and 5 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 20 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $395K. The largest seller was Invesco, cutting an estimated $633K.
- 55 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q2 2020, down from 56 in Q1 2020.
- Funds reported $62.3M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q2 2020, up 17% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q2 2020 and 6 closed out, a net change of -1 holder.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q2 2020 was Raymond James Financial Services Advisors, an estimated $395K added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q2 2020 was Invesco, an estimated $633K sold.
Based on aggregated 13F filings for Q2 2020.