Flaherty & Crumrine Total Return Fund
FLC
27 hedge funds and large institutions have $31.3M invested in Flaherty & Crumrine Total Return Fund in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.5% less ownership
Funds ownership: 17.08% → 15.59% (-1.5%)
4% less funds holding
Funds holding: 28 → 27 (-1)
7% less capital invested
Capital invested by funds: $33.5M → $31.3M (-$2.24M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$320K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$300K |
| 3 |
IH
IFC Holdings
Tampa,
Florida
|
+$207K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$127K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
-$1.96M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$834K |
| 3 |
Cohen & Steers
New York
|
-$551K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$310K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$250K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $8K | – | – | – |
|
|
NPC
27
National Planning Corporation
El Segundo,
California
| – | -$1.96M | -96,225 | Closed |
|
|
COLIM
28
City of London Investment Management
London,
United Kingdom
| – | -$310K | -15,658 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$30K | -1,500 | Closed |
|
|
BIM
30
BlackRock Investment Management
Wilmington,
Delaware
| – | -$5K | -250 | Closed |
|
31
Citigroup
New York
| – | -$1.03K | -50 | -69% |
|
FLC Hedge Fund Activity: Q1 2015 in Review
27 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q1 2015, worth a combined $31.3M — down 6.7% from $33.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FLC and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 5 added.
The largest buyer was Raymond James & Associates, adding an estimated $320K. The largest seller was National Planning Corporation, exiting entirely with an estimated $1.96M sold.
- 27 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q1 2015, down from 28 in Q4 2014.
- Funds reported $31.3M of Flaherty & Crumrine Total Return Fund stock for Q1 2015, down 6.7% quarter-over-quarter.
- 3 funds opened new Flaherty & Crumrine Total Return Fund positions in Q1 2015 and 4 closed out, a net change of -1 holder.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q1 2015 was Raymond James & Associates, an estimated $320K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q1 2015 was National Planning Corporation, an estimated $1.96M sold.
Based on aggregated 13F filings for Q1 2015.