Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
66 hedge funds and large institutions have $80.2M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
8% more capital invested
Capital invested by funds: $74.2M → $80.2M (+$6.04M)
5% more funds holding
Funds holding: 63 → 66 (+3)
0.22% more ownership
Funds ownership: 14.16% → 14.39% (+0.22%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.09M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$841K |
| 3 |
Millennium Management
New York
|
+$496K |
| 4 |
CSPIA
Cary Street Partners Investment Advisory
Richmond,
Virginia
|
+$333K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.09M |
| 2 |
JG
Jefferies Group
New York
|
-$698K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$682K |
| 4 |
MC
Mathes Company
New York
|
-$407K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$355K |
DFP Hedge Fund Activity: Q4 2020 in Review
66 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q4 2020, worth a combined $80.2M — up 8.1% from $74.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DFP positions and 7 closed out — a net gain of 3 holders — while 27 added to existing stakes and 18 trimmed.
The largest buyer was Ameriprise, adding an estimated $1.09M. The largest seller was Private Advisor Group, cutting an estimated $1.09M.
- 66 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q4 2020, up from 63 in Q3 2020.
- Funds reported $80.2M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q4 2020, up 8.1% quarter-over-quarter.
- 10 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q4 2020 and 7 closed out, a net change of +3 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q4 2020 was Ameriprise, an estimated $1.09M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q4 2020 was Private Advisor Group, an estimated $1.09M sold.
Based on aggregated 13F filings for Q4 2020.