Flaherty & Crumrine Total Return Fund
FLC
26 hedge funds and large institutions have $28.7M invested in Flaherty & Crumrine Total Return Fund in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 3 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.75% less ownership
Funds ownership: 15.59% → 14.83% (-0.75%)
4% less funds holding
Funds holding: 27 → 26 (-1)
8% less capital invested
Capital invested by funds: $31.3M → $28.7M (-$2.57M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$256K |
| 2 |
MCC
Mid Continent Capital
Chicago,
Illinois
|
+$163K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$151K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$78.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$67.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$1.03M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$883K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$295K |
| 4 |
Morgan Stanley
New York
|
-$58.8K |
| 5 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$47K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMP
26
Financial Management Professionals
Austin,
Texas
| $2K | +$3.06K | +150 | New |
|
|
CRC
27
Curi RMB Capital
Chicago,
Illinois
| – | -$295K | -14,566 | Closed |
|
|
FHA
28
First Horizon Advisors
Memphis,
Tennessee
| – | -$47K | -2,300 | Closed |
|
29
Creative Planning
Overland Park,
Kansas
| – | -$20K | -982 | Closed |
|
FLC Hedge Fund Activity: Q2 2015 in Review
26 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q2 2015, worth a combined $28.7M — down 8.2% from $31.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FLC and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 12 added.
The largest buyer was Invesco, adding an estimated $256K. The largest seller was Cohen & Steers, cutting an estimated $1.03M.
- 26 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q2 2015, down from 27 in Q1 2015.
- Funds reported $28.7M of Flaherty & Crumrine Total Return Fund stock for Q2 2015, down 8.2% quarter-over-quarter.
- 2 funds opened new Flaherty & Crumrine Total Return Fund positions in Q2 2015 and 3 closed out, a net change of -1 holder.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q2 2015 was Invesco, an estimated $256K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q2 2015 was Cohen & Steers, an estimated $1.03M sold.
Based on aggregated 13F filings for Q2 2015.