Flaherty & Crumrine Total Return Fund
FLC
29 hedge funds and large institutions have $31.9M invested in Flaherty & Crumrine Total Return Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 14 reducing their positions, and 4 closing their positions.
2% more capital invested
Capital invested by funds: $31.2M → $31.9M (+$668K)
0% more funds holding
Funds holding: 29 → 29 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.53% less ownership
Funds ownership: 16.42% → 15.88% (-0.53%)
64% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$569K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$302K |
| 3 |
AIG
American International Group
New York
|
+$70.5K |
| 4 |
WT
Whittier Trust
South Pasadena,
California
|
+$59.4K |
| 5 |
Morgan Stanley
New York
|
+$23.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$682K |
| 2 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$461K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$341K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
-$315K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$214K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $8K | – | – | – |
|
|
NFG
27
Next Financial Group
Houston,
Texas
| $6K | -$19.8K | -1,000 | -75% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $4K | -$6.17K | -312 | -59% |
|
|
PCM
29
Penserra Capital Management
Orinda,
California
| $2 | +$2.1K | +106 | New |
|
|
LCM
30
Laurion Capital Management
New York
| – | -$682K | -35,601 | Closed |
|
|
NPC
31
National Planning Corporation
El Segundo,
California
| – | -$315K | -15,900 | Closed |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| – | -$13K | -700 | Closed |
|
33
Citigroup
New York
| – | -$11K | -579 | Closed |
|
FLC Hedge Fund Activity: Q1 2016 in Review
29 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q1 2016, worth a combined $31.9M — up 2.1% from $31.2M a quarter earlier.
Fund positioning in FLC was balanced in Q1 2016: 4 funds opened new positions, 4 closed out, 5 added to existing stakes and 14 trimmed.
The largest buyer was Bank of America, adding an estimated $569K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $682K sold.
- 29 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $31.9M of Flaherty & Crumrine Total Return Fund stock for Q1 2016, up 2.1% quarter-over-quarter.
- 4 funds opened new Flaherty & Crumrine Total Return Fund positions in Q1 2016 and 4 closed out, a net change of 0 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q1 2016 was Bank of America, an estimated $569K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q1 2016 was Laurion Capital Management, an estimated $682K sold.
Based on aggregated 13F filings for Q1 2016.