Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
61 hedge funds and large institutions have $50.8M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 9 closing their positions.
0.78% less ownership
Funds ownership: 14.66% → 13.89% (-0.78%)
4% less capital invested
Capital invested by funds: $53.1M → $50.8M (-$2.31M)
8% less funds holding
Funds holding: 66 → 61 (-5)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.46M |
| 2 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
+$787K |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$297K |
| 4 |
VF
Virtu Financial
New York
|
+$284K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.28M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.05M |
| 3 |
EC
Elequin Capital
New York
|
-$519K |
| 4 |
Millennium Management
New York
|
-$478K |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$364K |
DFP Hedge Fund Activity: Q1 2023 in Review
61 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q1 2023, worth a combined $50.8M — down 4.3% from $53.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DFP and 6 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 19 added.
The largest buyer was Raymond James & Associates, adding an estimated $1.46M. The largest seller was Ameriprise, cutting an estimated $1.28M.
- 61 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q1 2023, down from 66 in Q4 2022.
- Funds reported $50.8M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q1 2023, down 4.3% quarter-over-quarter.
- 6 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q1 2023 and 9 closed out, a net change of -3 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q1 2023 was Raymond James & Associates, an estimated $1.46M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q1 2023 was Ameriprise, an estimated $1.28M sold.
Based on aggregated 13F filings for Q1 2023.