Flaherty & Crumrine Total Return Fund
FLC
28 hedge funds and large institutions have $33.5M invested in Flaherty & Crumrine Total Return Fund in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
8% more funds holding
Funds holding: 26 → 28 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.93% less ownership
Funds ownership: 18.01% → 17.08% (-0.93%)
5% less capital invested
Capital invested by funds: $35.2M → $33.5M (-$1.67M)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
+$576K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$452K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$145K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$55K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$50.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.03M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$424K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$202K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$90.8K |
| 5 |
LPL Financial
San Diego,
California
|
-$69.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $8K | – | – | – |
|
|
BIM
27
BlackRock Investment Management
Wilmington,
Delaware
| $5K | +$5.07K | +250 | New |
|
28
Citigroup
New York
| $1K | +$1.46K | +72 | New |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| – | -$424K | -21,528 | Closed |
|
FLC Hedge Fund Activity: Q4 2014 in Review
28 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q4 2014, worth a combined $33.5M — down 4.7% from $35.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FLC positions and 1 closed out — a net gain of 4 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was National Planning Corporation, adding an estimated $576K. The largest seller was Guggenheim Capital, cutting an estimated $2.03M.
- 28 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q4 2014, up from 26 in Q3 2014.
- Funds reported $33.5M of Flaherty & Crumrine Total Return Fund stock for Q4 2014, down 4.7% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Total Return Fund positions in Q4 2014 and 1 closed out, a net change of +4 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q4 2014 was National Planning Corporation, an estimated $576K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q4 2014 was Guggenheim Capital, an estimated $2.03M sold.
Based on aggregated 13F filings for Q4 2014.