Flaherty & Crumrine Total Return Fund
FLC
27 hedge funds and large institutions have $28.6M invested in Flaherty & Crumrine Total Return Fund in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 3 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $29.7M → $28.6M (-$1.05M)
1.46% less ownership
Funds ownership: 15.07% → 13.61% (-1.5%)
7% less funds holding
Funds holding: 29 → 27 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$383K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$224K |
| 3 |
M&T Bank
Buffalo,
New York
|
+$224K |
| 4 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$155K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$32.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.03M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$731K |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$413K |
| 4 |
Morgan Stanley
New York
|
-$192K |
| 5 |
Citigroup
New York
|
-$113K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $7K | – | – | – |
|
|
PCM
27
Penserra Capital Management
Orinda,
California
| $2K | -$349 | -17 | -11% |
|
|
LCM
28
Laurion Capital Management
New York
| – | -$2.03M | -102,303 | Closed |
|
|
29
Citigroup
New York
| – | -$113K | -5,681 | Closed |
|
|
BAM
30
Bruderman Asset Management
Locust Valley,
New York
| – | -$39K | -1,968 | Closed |
|
FLC Hedge Fund Activity: Q1 2017 in Review
27 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q1 2017, worth a combined $28.6M — down 3.5% from $29.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FLC and 2 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 5 added.
The largest buyer was Cohen & Steers, adding an estimated $383K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $2.03M sold.
- 27 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q1 2017, down from 29 in Q4 2016.
- Funds reported $28.6M of Flaherty & Crumrine Total Return Fund stock for Q1 2017, down 3.5% quarter-over-quarter.
- 2 funds opened new Flaherty & Crumrine Total Return Fund positions in Q1 2017 and 3 closed out, a net change of -1 holder.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q1 2017 was Cohen & Steers, an estimated $383K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q1 2017 was Laurion Capital Management, an estimated $2.03M sold.
Based on aggregated 13F filings for Q1 2017.