Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
67 hedge funds and large institutions have $86.7M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 6 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
11% more capital invested
Capital invested by funds: $78.1M → $86.7M (+$8.66M)
0.25% more ownership
Funds ownership: 21.82% → 22.06% (+0.25%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
1% less funds holding
Funds holding: 68 → 67 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.47M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$931K |
| 3 |
RWM
Revisor Wealth Management
Akron,
Ohio
|
+$695K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$556K |
| 5 |
LPL Financial
San Diego,
California
|
+$463K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
RPO LLC
Stamford,
Connecticut
|
-$1.06M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$479K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$392K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$373K |
| 5 |
FSI
Flow State Investments
Chicago,
Illinois
|
-$268K |
DFP Hedge Fund Activity: Q1 2024 in Review
67 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q1 2024, worth a combined $86.7M — up 11% from $78.1M a quarter earlier.
Fund positioning in DFP was balanced in Q1 2024: 6 funds opened new positions, 6 closed out, 26 added to existing stakes and 21 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $1.47M. The largest seller was RPO LLC, cutting an estimated $1.06M.
- 67 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q1 2024, down from 68 in Q4 2023.
- Funds reported $86.7M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q1 2024, up 11% quarter-over-quarter.
- 6 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q1 2024 and 6 closed out, a net change of 0 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q1 2024 was Raymond James & Associates, an estimated $1.47M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q1 2024 was RPO LLC, an estimated $1.06M sold.
Based on aggregated 13F filings for Q1 2024.