Flaherty & Crumrine Total Return Fund
FLC
25 hedge funds and large institutions have $35.5M invested in Flaherty & Crumrine Total Return Fund in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 3 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
4% more capital invested
Capital invested by funds: $34.2M → $35.5M (+$1.3M)
0.41% more ownership
Funds ownership: 17.48% → 17.89% (+0.41%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 27 → 25 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$1.01M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$619K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$281K |
| 4 |
Cohen & Steers
New York
|
+$162K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$142K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.43M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$55K |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$48.9K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$48.2K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$40K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| – | -$55K | -2,800 | Closed |
|
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$40K | -2,000 | Closed |
|
28
Creative Planning
Overland Park,
Kansas
| – | -$15K | -769 | Closed |
|
FLC Hedge Fund Activity: Q2 2014 in Review
25 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q2 2014, worth a combined $35.5M — up 3.8% from $34.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FLC and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 11 added.
The largest buyer was NWAM LLC, adding an estimated $1.01M. The largest seller was Guggenheim Capital, cutting an estimated $1.43M.
- 25 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q2 2014, down from 27 in Q1 2014.
- Funds reported $35.5M of Flaherty & Crumrine Total Return Fund stock for Q2 2014, up 3.8% quarter-over-quarter.
- 1 fund opened new Flaherty & Crumrine Total Return Fund positions in Q2 2014 and 3 closed out, a net change of -2 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q2 2014 was NWAM LLC, an estimated $1.01M added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q2 2014 was Guggenheim Capital, an estimated $1.43M sold.
Based on aggregated 13F filings for Q2 2014.