Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
62 hedge funds and large institutions have $69.6M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2022 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 9 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 16
0.74% less ownership
Funds ownership: 14% → 13.26% (-0.74%)
3% less funds holding
Funds holding: 64 → 62 (-2)
7% less capital invested
Capital invested by funds: $74.5M → $69.6M (-$4.84M)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
+$3.09M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$525K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$495K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$434K |
| 5 |
CA
CoreCap Advisors
Southfield,
Michigan
|
+$380K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
-$1.51M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.13M |
| 4 |
1W
1776 Wealth
Atlanta,
Georgia
|
-$581K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$574K |
DFP Hedge Fund Activity: Q1 2022 in Review
62 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q1 2022, worth a combined $69.6M — down 6.5% from $74.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DFP and 8 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 24 added.
The largest buyer was Oxbow Advisors, adding an estimated $3.09M. The largest seller was Jefferies Group, exiting entirely with an estimated $1.51M sold.
- 62 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q1 2022, down from 64 in Q4 2021.
- Funds reported $69.6M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q1 2022, down 6.5% quarter-over-quarter.
- 8 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q1 2022 and 9 closed out, a net change of -1 holder.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q1 2022 was Oxbow Advisors, an estimated $3.09M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q1 2022 was Jefferies Group, an estimated $1.51M sold.
Based on aggregated 13F filings for Q1 2022.