Flaherty & Crumrine Total Return Fund
FLC
26 hedge funds and large institutions have $35.2M invested in Flaherty & Crumrine Total Return Fund in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
4% more funds holding
Funds holding: 25 → 26 (+1)
0.12% more ownership
Funds ownership: 17.89% → 18.01% (+0.12%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $35.5M → $35.2M (-$335K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$504K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$424K |
| 3 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$413K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$159K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$127K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.35M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$140K |
| 3 |
LPL Financial
San Diego,
California
|
-$60.4K |
| 4 |
Morgan Stanley
New York
|
-$39.8K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$31.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1IC
26
1919 Investment Counsel
Baltimore,
Maryland
| $1K | – | – | – |
|
27
Citigroup
New York
| – | -$10K | -489 | Closed |
|
FLC Hedge Fund Activity: Q3 2014 in Review
26 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q3 2014, worth a combined $35.2M — down 0.94% from $35.5M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FLC positions and 1 closed out — a net gain of 1 holder — while 8 added to existing stakes and 6 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $504K. The largest seller was Guggenheim Capital, cutting an estimated $1.35M.
- 26 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q3 2014, up from 25 in Q2 2014.
- Funds reported $35.2M of Flaherty & Crumrine Total Return Fund stock for Q3 2014, down 0.94% quarter-over-quarter.
- 2 funds opened new Flaherty & Crumrine Total Return Fund positions in Q3 2014 and 1 closed out, a net change of +1 holder.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q3 2014 was City of London Investment Management, an estimated $504K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q3 2014 was Guggenheim Capital, an estimated $1.35M sold.
Based on aggregated 13F filings for Q3 2014.