Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
66 hedge funds and large institutions have $53.1M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2022 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 4 closing their positions.
350% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 4
22% more funds holding
Funds holding: 54 → 66 (+12)
15% more capital invested
Capital invested by funds: $46M → $53.1M (+$7.08M)
2.65% more ownership
Funds ownership: 12.02% → 14.66% (+2.6%)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.92M |
| 2 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
+$1.88M |
| 3 |
Cohen & Steers
New York
|
+$1.61M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$928K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$627K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
Ropes Wealth Advisors
Boston,
Massachusetts
|
-$347K |
| 2 |
1W
1776 Wealth
Atlanta,
Georgia
|
-$323K |
| 3 |
Morgan Stanley
New York
|
-$263K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$242K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$212K |
DFP Hedge Fund Activity: Q4 2022 in Review
66 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q4 2022, worth a combined $53.1M — up 15% from $46M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new DFP positions and 4 closed out — a net gain of 14 holders — while 17 added to existing stakes and 21 trimmed.
The largest buyer was Ameriprise, adding an estimated $2.92M. The largest seller was Ropes Wealth Advisors, exiting entirely with an estimated $347K sold.
- 66 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q4 2022, up from 54 in Q3 2022.
- Funds reported $53.1M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q4 2022, up 15% quarter-over-quarter.
- 18 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q4 2022 and 4 closed out, a net change of +14 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q4 2022 was Ameriprise, an estimated $2.92M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q4 2022 was Ropes Wealth Advisors, an estimated $347K sold.
Based on aggregated 13F filings for Q4 2022.