Flaherty & Crumrine Total Return Fund
FLC
27 hedge funds and large institutions have $30.9M invested in Flaherty & Crumrine Total Return Fund in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 2 closing their positions.
8% more capital invested
Capital invested by funds: $28.6M → $30.9M (+$2.25M)
0.33% more ownership
Funds ownership: 13.61% → 13.93% (+0.33%)
0% more funds holding
Funds holding: 27 → 27 (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: 2 | Existing positions closed: 2
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$835K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$741K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$276K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$160K |
| 5 |
BAM
Bruderman Asset Management
Locust Valley,
New York
|
+$141K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1M |
| 2 |
M&T Bank
Buffalo,
New York
|
-$231K |
| 3 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$166K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$123K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$25.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $7K | – | – | – |
|
|
PCM
27
Penserra Capital Management
Orinda,
California
| $3K | +$305 | +14 | +10% |
|
|
28
M&T Bank
Buffalo,
New York
| – | -$231K | -10,899 | Closed |
|
|
PMFA
29
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$13K | -600 | Closed |
|
FLC Hedge Fund Activity: Q2 2017 in Review
27 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q2 2017, worth a combined $30.9M — up 7.9% from $28.6M a quarter earlier.
Fund positioning in FLC was balanced in Q2 2017: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $835K. The largest seller was LPL Financial, cutting an estimated $1M.
- 27 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $30.9M of Flaherty & Crumrine Total Return Fund stock for Q2 2017, up 7.9% quarter-over-quarter.
- 2 funds opened new Flaherty & Crumrine Total Return Fund positions in Q2 2017 and 2 closed out, a net change of 0 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q2 2017 was Bank of America, an estimated $835K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q2 2017 was LPL Financial, an estimated $1M sold.
Based on aggregated 13F filings for Q2 2017.