Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
62 hedge funds and large institutions have $58.3M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 8 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
3% more funds holding
Funds holding: 60 → 62 (+2)
1.2% more ownership
Funds ownership: 16.03% → 17.24% (+1.2%)
3% more capital invested
Capital invested by funds: $56.3M → $58.3M (+$1.96M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
RPO LLC
Stamford,
Connecticut
|
+$1.52M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.48M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.38M |
| 4 |
RWM
Revisor Wealth Management
Akron,
Ohio
|
+$977K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$772K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
-$2.28M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.43M |
| 3 |
1W
1776 Wealth
Atlanta,
Georgia
|
-$1.41M |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
-$637K |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
-$319K |
DFP Hedge Fund Activity: Q3 2023 in Review
62 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q3 2023, worth a combined $58.3M — up 3.5% from $56.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DFP positions and 8 closed out — a net gain of 2 holders — while 22 added to existing stakes and 15 trimmed.
The largest buyer was RPO LLC, opening a new position worth an estimated $1.52M. The largest seller was Heron Bay Capital Management, exiting entirely with an estimated $2.28M sold.
- 62 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q3 2023, up from 60 in Q2 2023.
- Funds reported $58.3M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q3 2023, up 3.5% quarter-over-quarter.
- 10 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q3 2023 and 8 closed out, a net change of +2 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q3 2023 was RPO LLC, an estimated $1.52M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q3 2023 was Heron Bay Capital Management, an estimated $2.28M sold.
Based on aggregated 13F filings for Q3 2023.