Flaherty & Crumrine Total Return Fund
FLC
32 hedge funds and large institutions have $33M invested in Flaherty & Crumrine Total Return Fund in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
28% more funds holding
Funds holding: 25 → 32 (+7)
8% more capital invested
Capital invested by funds: $30.6M → $33M (+$2.41M)
1.02% more ownership
Funds ownership: 14.34% → 15.35% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.67M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$632K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$337K |
| 4 |
Morgan Stanley
New York
|
+$130K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$456K |
| 2 |
IH
IFC Holdings
Tampa,
Florida
|
-$378K |
| 3 |
Cohen & Steers
New York
|
-$265K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$218K |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$127K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
26
Calton & Associates
Tampa,
Florida
| $22K | +$22.9K | +1,071 | New |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $18K | – | – | – |
|
28
Bessemer Group
Woodbridge,
New Jersey
| $18K | +$17.7K | +825 | New |
|
|
APA
29
American Portfolios Advisors
Holbrook,
New York
| $17.3K | +$17.1K | +800 | New |
|
|
AC
30
Avestar Capital
New York
| $15K | +$15K | +700 | New |
|
31
CIBC Private Wealth Group
Atlanta,
Georgia
| $14K | +$13.4K | +627 | New |
|
32
Fifth Third Bancorp
Cincinnati,
Ohio
| $9K | – | – | – |
|
|
LCM
33
Laurion Capital Management
New York
| – | -$456K | -21,236 | Closed |
|
|
IH
34
IFC Holdings
Tampa,
Florida
| – | -$378K | -17,665 | Closed |
|
|
35
Ameriprise
Minneapolis,
Minnesota
| – | -$218K | -10,133 | Closed |
|
|
NFG
36
Next Financial Group
Houston,
Texas
| – | -$7K | -340 | Closed |
|
FLC Hedge Fund Activity: Q4 2017 in Review
32 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q4 2017, worth a combined $33M — up 7.9% from $30.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FLC positions and 4 closed out — a net gain of 7 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Invesco, adding an estimated $1.67M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $456K sold.
- 32 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q4 2017, up from 25 in Q3 2017.
- Funds reported $33M of Flaherty & Crumrine Total Return Fund stock for Q4 2017, up 7.9% quarter-over-quarter.
- 11 funds opened new Flaherty & Crumrine Total Return Fund positions in Q4 2017 and 4 closed out, a net change of +7 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q4 2017 was Invesco, an estimated $1.67M added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q4 2017 was Laurion Capital Management, an estimated $456K sold.
Based on aggregated 13F filings for Q4 2017.