Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
68 hedge funds and large institutions have $78.1M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
34% more capital invested
Capital invested by funds: $58.3M → $78.1M (+$19.8M)
10% more funds holding
Funds holding: 62 → 68 (+6)
4.58% more ownership
Funds ownership: 17.24% → 21.82% (+4.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$4.61M |
| 2 |
RL
RPO LLC
Stamford,
Connecticut
|
+$2.3M |
| 3 |
Morgan Stanley
New York
|
+$1.71M |
| 4 |
1W
1776 Wealth
Atlanta,
Georgia
|
+$1.12M |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$661K |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$486K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$368K |
| 4 |
WLPWM
Walled Lake Planning & Wealth Management
Winnetka,
Illinois
|
-$241K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$237K |
DFP Hedge Fund Activity: Q4 2023 in Review
68 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q4 2023, worth a combined $78.1M — up 34% from $58.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new DFP positions and 6 closed out — a net gain of 6 holders — while 26 added to existing stakes and 19 trimmed.
The largest buyer was Relative Value Partners Group, opening a new position worth an estimated $4.61M. The largest seller was Osaic Holdings, cutting an estimated $661K.
- 68 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q4 2023, up from 62 in Q3 2023.
- Funds reported $78.1M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q4 2023, up 34% quarter-over-quarter.
- 12 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q4 2023 and 6 closed out, a net change of +6 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q4 2023 was Relative Value Partners Group, an estimated $4.61M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q4 2023 was Osaic Holdings, an estimated $661K sold.
Based on aggregated 13F filings for Q4 2023.