Flaherty & Crumrine Total Return Fund
FLC
28 hedge funds and large institutions have $30.1M invested in Flaherty & Crumrine Total Return Fund in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less ownership
Funds ownership: 15.88% → 13.88% (-2%)
3% less funds holding
Funds holding: 29 → 28 (-1)
6% less capital invested
Capital invested by funds: $31.9M → $30.1M (-$1.77M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.57M |
| 2 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$570K |
| 3 |
Bank of New York Mellon
New York
|
+$332K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$194K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$28.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.75M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.18M |
| 3 |
Cohen & Steers
New York
|
-$919K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$789K |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$747K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $9K | – | – | – |
|
|
NFG
27
Next Financial Group
Houston,
Texas
| $7K | – | – | – |
|
|
PCM
28
Penserra Capital Management
Orinda,
California
| $2K | – | – | – |
|
|
YMRC
29
Yorktown Management & Research Company
Forest,
Virginia
| – | -$747K | -36,824 | Closed |
|
|
AIG
30
American International Group
New York
| – | -$72K | -3,565 | Closed |
|
31
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$46K | -2,258 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$4K | -218 | Closed |
|
FLC Hedge Fund Activity: Q2 2016 in Review
28 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q2 2016, worth a combined $30.1M — down 5.6% from $31.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FLC and 3 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 5 added.
The largest buyer was Bank of America, adding an estimated $1.57M. The largest seller was LPL Financial, cutting an estimated $2.75M.
- 28 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q2 2016, down from 29 in Q1 2016.
- Funds reported $30.1M of Flaherty & Crumrine Total Return Fund stock for Q2 2016, down 5.6% quarter-over-quarter.
- 3 funds opened new Flaherty & Crumrine Total Return Fund positions in Q2 2016 and 4 closed out, a net change of -1 holder.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q2 2016 was Bank of America, an estimated $1.57M added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q2 2016 was LPL Financial, an estimated $2.75M sold.
Based on aggregated 13F filings for Q2 2016.