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DFP

Flaherty & Crumrine Dynamic Preferred and Income Fund

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.

New
Increased
Maintained
Reduced
Closed

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: 6366 (+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: 11 (0)

Holders
66
Holders Change
+3
Holders Change %
+4.76%
% of All Funds
1.17%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
27
Reduced
18
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$15.3M +$841K +29,930 +6%
Cohen & Steers
2
Cohen & Steers
New York
$6.43M
RJFSA
3
Raymond James Financial Services Advisors
Florida
$5.71M -$355K -12,630 -6%
LPL Financial
4
LPL Financial
California
$5.37M -$9.97K -355 -0.2%
OA
5
Oxbow Advisors
Texas
$4.8M -$196K -6,987 -4%
Invesco
6
Invesco
Georgia
$3.87M +$33.8K +1,204 +0.9%
1W
7
1776 Wealth
Georgia
$3.86M +$268K +9,529 +8%
Wells Fargo
8
Wells Fargo
California
$3.18M +$59.6K +2,122 +2%
Morgan Stanley
9
Morgan Stanley
New York
$2.2M -$81.6K -2,904 -4%
Osaic Holdings
10
Osaic Holdings
Arizona
$2.06M +$34.6K +1,232 +2%
Ameriprise
11
Ameriprise
Minnesota
$1.78M +$1.09M +38,907 +173%
MC
12
Mathes Company
New York
$1.69M -$407K -14,500 -20%
JG
13
Jefferies Group
New York
$1.63M -$698K -24,846 -31%
PAG
14
Private Advisor Group
New Jersey
$1.63M -$1.09M -38,696 -41%
GC
15
Guggenheim Capital
Illinois
$1.32M -$682K -24,274 -35%
FFA
16
First Foundation Advisors
California
$1.19M -$103K -3,658 -8%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$1.15M +$93.6K +3,332 +9%
ATPW
18
Ashton Thomas Private Wealth
Arizona
$1.1M +$2.95K +105 +0.3%
CF
19
Centaurus Financial
California
$1.03M -$247K -8,800 -20%
Stifel Financial
20
Stifel Financial
Missouri
$1.01M +$230K +8,180 +31%
MWM
21
Meridian Wealth Management
Kentucky
$887K +$51.9K +1,847 +6%
AHC
22
Adell Harriman & Carpenter
Texas
$838K -$16.9K -600 -2%
CSPIA
23
Cary Street Partners Investment Advisory
Virginia
$767K +$333K +11,836 +81%
MFG
24
Merit Financial Group
Georgia
$750K -$70.9K -2,523 -9%
NFG
25
Next Financial Group
Texas
$733K +$22.9K +815 +3%

DFP Hedge Fund Activity: Q4 2020 in Review

66 of the 5,651 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.