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DFP

Flaherty & Crumrine Dynamic Preferred and Income Fund

68 hedge funds and large institutions have $82.6M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

3% more funds holding

Funds holding: 6668 (+2)

3% more capital invested

Capital invested by funds: $80.2M → $82.6M (+$2.37M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.1% less ownership

Funds ownership: 14.39%14.29% (-0.1%)

13% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 24

Holders
68
Holders Change
+2
Holders Change %
+3.03%
% of All Funds
1.19%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
21
Reduced
24
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$15.8M -$124K -4,232 -0.8%
Cohen & Steers
2
Cohen & Steers
New York
$6.33M -$324K -11,064 -5%
LPL Financial
3
LPL Financial
California
$5.91M +$333K +11,379 +6%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$5.67M -$238K -8,114 -4%
OA
5
Oxbow Advisors
Texas
$4.98M +$4.68K +160 +0.1%
Invesco
6
Invesco
Georgia
$3.99M -$20.1K -688 -0.5%
1W
7
1776 Wealth
Georgia
$3.86M -$108K -3,704 -3%
Wells Fargo
8
Wells Fargo
California
$3.45M +$149K +5,095 +5%
Morgan Stanley
9
Morgan Stanley
New York
$2.46M +$178K +6,068 +8%
PAG
10
Private Advisor Group
New Jersey
$2.17M +$465K +15,875 +28%
JG
11
Jefferies Group
New York
$1.69M -$6.09K -208 -0.4%
Ameriprise
12
Ameriprise
Minnesota
$1.47M -$368K -12,553 -20%
MC
13
Mathes Company
New York
$1.44M -$307K -10,500 -18%
Osaic Holdings
14
Osaic Holdings
Arizona
$1.27M -$838K -28,617 -40%
ATPW
15
Ashton Thomas Private Wealth
Arizona
$1.19M +$49.4K +1,689 +4%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$1.17M -$20.6K -702 -2%
Stifel Financial
17
Stifel Financial
Missouri
$1.14M +$90.7K +3,097 +9%
CF
18
Centaurus Financial
California
$1.05M -$17.4K -595 -2%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$978K +$278K +9,492 +41%
GC
20
Guggenheim Capital
Illinois
$974K -$378K -12,925 -29%
FFA
21
First Foundation Advisors
California
$972K -$250K -8,544 -21%
SPIA
22
Steward Partners Investment Advisory
New York
$956K +$749K +25,576 +415%
MWM
23
Meridian Wealth Management
Kentucky
$914K -$5.71K -195 -0.6%
CSPIA
24
Cary Street Partners Investment Advisory
Virginia
$870K +$73.2K +2,500 +9%
AHC
25
Adell Harriman & Carpenter
Texas
$795K -$71.7K -2,450 -8%

DFP Hedge Fund Activity: Q1 2021 in Review

68 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q1 2021, worth a combined $82.6M — up 3% from $80.2M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new DFP positions and 5 closed out — a net gain of 3 holders — while 21 added to existing stakes and 24 trimmed.

The largest buyer was Steward Partners Investment Advisory, adding an estimated $749K. The largest seller was Osaic Holdings, cutting an estimated $838K.

  • 68 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q1 2021, up from 66 in Q4 2020.
  • Funds reported $82.6M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q1 2021, up 3% quarter-over-quarter.
  • 8 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q1 2021 and 5 closed out, a net change of +3 holders.
  • The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q1 2021 was Steward Partners Investment Advisory, an estimated $749K added.
  • The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q1 2021 was Osaic Holdings, an estimated $838K sold.

Based on aggregated 13F filings for Q1 2021.