Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
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.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
3% more funds holding
Funds holding: 66 → 68 (+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: 1 → 1 (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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPIA
Steward Partners Investment Advisory
New York
|
+$749K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$465K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$465K |
| 4 |
LPL Financial
San Diego,
California
|
+$333K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$278K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$838K |
| 2 |
Millennium Management
New York
|
-$513K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$378K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$368K |
| 5 |
Cohen & Steers
New York
|
-$324K |
DFP Hedge Fund Activity: Q1 2021 in Review
68 of the 5,711 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.