Flaherty & Crumrine Total Return Fund
FLC
29 hedge funds and large institutions have $31.2M invested in Flaherty & Crumrine Total Return Fund in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 6 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
43% more capital invested
Capital invested by funds: $21.9M → $31.2M (+$9.35M)
4.55% more ownership
Funds ownership: 11.87% → 16.42% (+4.6%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
3% less funds holding
Funds holding: 30 → 29 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$6.3M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.52M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$687K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$640K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$528K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$452K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$379K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$341K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$326K |
| 5 |
Cohen & Steers
New York
|
-$287K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $13K | +$13.5K | +700 | New |
|
27
Citigroup
New York
| $11K | +$11.2K | +579 | New |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $10K | +$10.2K | +530 | New |
|
29
Fifth Third Bancorp
Cincinnati,
Ohio
| $8K | – | – | – |
|
|
CRC
30
Curi RMB Capital
Chicago,
Illinois
| – | -$452K | -24,258 | Closed |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| – | -$326K | -17,518 | Closed |
|
|
JWM
32
Jackson Wealth Management
Lake Mary,
Florida
| – | -$40K | -2,168 | Closed |
|
|
HF
33
Hoxton Financial
Shepherdstown,
West Virginia
| – | -$19K | -1,000 | Closed |
|
|
FMP
34
Financial Management Professionals
Austin,
Texas
| – | -$6K | -300 | Closed |
|
|
WCM
35
Windsor Capital Management
Phoenix,
Arizona
| – | -$5K | -300 | Closed |
|
FLC Hedge Fund Activity: Q4 2015 in Review
29 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q4 2015, worth a combined $31.2M — up 43% from $21.9M a quarter earlier.
Fund positioning in FLC was balanced in Q4 2015: 6 funds opened new positions, 6 closed out, 10 added to existing stakes and 6 trimmed.
The largest buyer was NWAM LLC, opening a new position worth an estimated $6.3M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $452K sold.
- 29 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q4 2015, down from 30 in Q3 2015.
- Funds reported $31.2M of Flaherty & Crumrine Total Return Fund stock for Q4 2015, up 43% quarter-over-quarter.
- 6 funds opened new Flaherty & Crumrine Total Return Fund positions in Q4 2015 and 6 closed out, a net change of 0 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q4 2015 was NWAM LLC, an estimated $6.3M added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q4 2015 was Curi RMB Capital, an estimated $452K sold.
Based on aggregated 13F filings for Q4 2015.