Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
69 hedge funds and large institutions have $84.7M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
3% more funds holding
Funds holding: 67 → 69 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.6% less ownership
Funds ownership: 22.06% → 21.46% (-0.6%)
2% less capital invested
Capital invested by funds: $86.7M → $84.7M (-$2.07M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.21M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$923K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$582K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$519K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$475K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$5.09M |
| 2 |
LPL Financial
San Diego,
California
|
-$547K |
| 3 |
RWM
Revisor Wealth Management
Akron,
Ohio
|
-$468K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$406K |
| 5 |
Morgan Stanley
New York
|
-$332K |
DFP Hedge Fund Activity: Q2 2024 in Review
69 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q2 2024, worth a combined $84.7M — down 2.4% from $86.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DFP positions and 2 closed out — a net gain of 3 holders — while 26 added to existing stakes and 17 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $1.21M. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $5.09M sold.
- 69 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q2 2024, up from 67 in Q1 2024.
- Funds reported $84.7M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q2 2024, down 2.4% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q2 2024 and 2 closed out, a net change of +3 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q2 2024 was Cohen & Steers, an estimated $1.21M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q2 2024 was Relative Value Partners Group, an estimated $5.09M sold.
Based on aggregated 13F filings for Q2 2024.