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DFP

Flaherty & Crumrine Dynamic Preferred and Income Fund

71 hedge funds and large institutions have $77.9M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 32 increasing their positions, 18 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 18

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

4% more funds holding

Funds holding: 6871 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.44% less ownership

Funds ownership: 14.29%13.85% (-0.44%)

6% less capital invested

Capital invested by funds: $82.6M → $77.9M (-$4.69M)

Holders
71
Holders Change
+3
Holders Change %
+4.41%
% of All Funds
1.24%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
32
Reduced
18
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$15.5M +$172K +5,759 +1%
LPL Financial
2
LPL Financial
California
$5.9M +$156K +5,216 +3%
RJFSA
3
Raymond James Financial Services Advisors
Florida
$5.59M +$73.8K +2,467 +1%
OA
4
Oxbow Advisors
Texas
$5.07M +$236K +7,900 +5%
Invesco
5
Invesco
Georgia
$4.32M +$444K +14,853 +11%
Cohen & Steers
6
Cohen & Steers
New York
$3.98M -$2.22M -74,355 -35%
1W
7
1776 Wealth
Georgia
$3.8M +$15.8K +528 +0.4%
Morgan Stanley
8
Morgan Stanley
New York
$2.42M +$26.2K +876 +1%
PAG
9
Private Advisor Group
New Jersey
$2.18M +$76.4K +2,552 +4%
Ameriprise
10
Ameriprise
Minnesota
$1.76M +$323K +10,810 +22%
JG
11
Jefferies Group
New York
$1.61M -$26.2K -877 -2%
Wells Fargo
12
Wells Fargo
California
$1.5M -$1.9M -63,484 -55%
MC
13
Mathes Company
New York
$1.38M -$15K -500 -1%
Osaic Holdings
14
Osaic Holdings
Arizona
$1.31M +$74.1K +2,478 +6%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$1.11M +$159K +5,329 +16%
ATPW
16
Ashton Thomas Private Wealth
Arizona
$1.09M -$63.3K -2,117 -5%
Stifel Financial
17
Stifel Financial
Missouri
$1.08M -$22K -735 -2%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$1.08M -$55.4K -1,852 -5%
CF
19
Centaurus Financial
California
$938K -$90.1K -3,012 -9%
CSPIA
20
Cary Street Partners Investment Advisory
Virginia
$902K +$56.7K +1,895 +7%
MWM
21
Meridian Wealth Management
Kentucky
$886K -$2.27K -76 -0.3%
AHC
22
Adell Harriman & Carpenter
Texas
$773K
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$769K +$8.14K +272 +1%
MFG
24
Merit Financial Group
Georgia
$761K +$2.48K +83 +0.3%
WS
25
Wedbush Securities
California
$713K +$262K +8,742 +56%

DFP Hedge Fund Activity: Q2 2021 in Review

71 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q2 2021, worth a combined $77.9M — down 5.7% from $82.6M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new DFP positions and 4 closed out — a net gain of 3 holders — while 32 added to existing stakes and 18 trimmed.

The largest buyer was Invesco, adding an estimated $444K. The largest seller was Cohen & Steers, cutting an estimated $2.22M.

  • 71 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q2 2021, up from 68 in Q1 2021.
  • Funds reported $77.9M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q2 2021, down 5.7% quarter-over-quarter.
  • 7 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q2 2021 and 4 closed out, a net change of +3 holders.
  • The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q2 2021 was Invesco, an estimated $444K added.
  • The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q2 2021 was Cohen & Steers, an estimated $2.22M sold.

Based on aggregated 13F filings for Q2 2021.