Flaherty & Crumrine Total Return Fund
FLC
50 hedge funds and large institutions have $60.9M invested in Flaherty & Crumrine Total Return Fund in 2026 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 8 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 8
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
4% more capital invested
Capital invested by funds: $58.4M → $60.9M (+$2.5M)
0.82% more ownership
Funds ownership: 33.64% → 34.46% (+0.82%)
2% less funds holding
Funds holding: 51 → 50 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.55M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$715K |
| 3 |
CI
Ceera Investments
Bellaire,
Texas
|
+$613K |
| 4 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$423K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$297K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.2M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$734K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$501K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$479K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$224K |
FLC Hedge Fund Activity: Q2 2026 in Review
50 of the 8,330 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q2 2026, worth a combined $60.9M — up 4.3% from $58.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FLC positions and 8 closed out — a net gain of 1 holder — while 19 added to existing stakes and 8 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.55M. The largest seller was Pathstone Holdings, exiting entirely with an estimated $1.2M sold.
- 50 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q2 2026, down from 51 in Q1 2026.
- Funds reported $60.9M of Flaherty & Crumrine Total Return Fund stock for Q2 2026, up 4.3% quarter-over-quarter.
- 9 funds opened new Flaherty & Crumrine Total Return Fund positions in Q2 2026 and 8 closed out, a net change of +1 holder.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q2 2026 was Sit Investment Associates, an estimated $1.55M added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q2 2026 was Pathstone Holdings, an estimated $1.2M sold.
Based on aggregated 13F filings for Q2 2026.