Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
66 hedge funds and large institutions have $94.2M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2024 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 22 reducing their positions, and 8 closing their positions.
11% more capital invested
Capital invested by funds: $84.7M → $94.2M (+$9.54M)
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
0.13% less ownership
Funds ownership: 21.46% → 21.33% (-0.13%)
4% less funds holding
Funds holding: 69 → 66 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$4.61M |
| 2 |
Cohen & Steers
New York
|
+$1.33M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.27M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$770K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$579K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
RPO LLC
Stamford,
Connecticut
|
-$3.19M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$1.43M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.02M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$903K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$698K |
DFP Hedge Fund Activity: Q3 2024 in Review
66 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q3 2024, worth a combined $94.2M — up 11% from $84.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DFP and 5 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 22 added.
The largest buyer was Kovitz Investment Group Partners, opening a new position worth an estimated $4.61M. The largest seller was RPO LLC, exiting entirely with an estimated $3.19M sold.
- 66 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q3 2024, down from 69 in Q2 2024.
- Funds reported $94.2M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q3 2024, up 11% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q3 2024 and 8 closed out, a net change of -3 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q3 2024 was Kovitz Investment Group Partners, an estimated $4.61M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q3 2024 was RPO LLC, an estimated $3.19M sold.
Based on aggregated 13F filings for Q3 2024.