Flaherty & Crumrine Total Return Fund
FLC
30 hedge funds and large institutions have $21.9M invested in Flaherty & Crumrine Total Return Fund in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
15% more funds holding
Funds holding: 26 → 30 (+4)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
2.97% less ownership
Funds ownership: 14.83% → 11.87% (-3%)
24% less capital invested
Capital invested by funds: $28.7M → $21.9M (-$6.79M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$782K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$466K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$463K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$334K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$6.63M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.15M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$301K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$251K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$222K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $18K | +$18.7K | +982 | New |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $13K | – | – | – |
|
28
Fifth Third Bancorp
Cincinnati,
Ohio
| $7K | – | – | – |
|
|
FMP
29
Financial Management Professionals
Austin,
Texas
| $6K | +$2.86K | +150 | +100% |
|
|
WCM
30
Windsor Capital Management
Phoenix,
Arizona
| $5K | +$5.72K | +300 | New |
|
|
NL
31
NWAM LLC
Mercer Island,
Washington
| – | -$6.63M | -340,000 | Closed |
|
32
Citigroup
New York
| – | -$14K | -739 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$6K | -300 | Closed |
|
FLC Hedge Fund Activity: Q3 2015 in Review
30 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q3 2015, worth a combined $21.9M — down 24% from $28.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FLC positions and 3 closed out — a net gain of 4 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Yorktown Management & Research Company, opening a new position worth an estimated $782K. The largest seller was NWAM LLC, exiting entirely with an estimated $6.63M sold.
- 30 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q3 2015, up from 26 in Q2 2015.
- Funds reported $21.9M of Flaherty & Crumrine Total Return Fund stock for Q3 2015, down 24% quarter-over-quarter.
- 7 funds opened new Flaherty & Crumrine Total Return Fund positions in Q3 2015 and 3 closed out, a net change of +4 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q3 2015 was Yorktown Management & Research Company, an estimated $782K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q3 2015 was NWAM LLC, an estimated $6.63M sold.
Based on aggregated 13F filings for Q3 2015.