Flaherty & Crumrine Total Return Fund
FLC
38 hedge funds and large institutions have $62.3M invested in Flaherty & Crumrine Total Return Fund in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
74% more capital invested
Capital invested by funds: $35.8M → $62.3M (+$26.5M)
9% more funds holding
Funds holding: 35 → 38 (+3)
1.7% less ownership
Funds ownership: 18.42% → 16.72% (-1.7%)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$328K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$288K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$109K |
| 4 |
Cohen & Steers
New York
|
+$62K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$47.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.07M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$768K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$537K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$260K |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$202K |
FLC Hedge Fund Activity: Q3 2018 in Review
38 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q3 2018, worth a combined $62.3M — up 74% from $35.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FLC positions and 4 closed out — a net gain of 3 holders — while 7 added to existing stakes and 12 trimmed.
The largest buyer was Invesco, adding an estimated $328K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.07M sold.
- 38 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q3 2018, up from 35 in Q2 2018.
- Funds reported $62.3M of Flaherty & Crumrine Total Return Fund stock for Q3 2018, up 74% quarter-over-quarter.
- 7 funds opened new Flaherty & Crumrine Total Return Fund positions in Q3 2018 and 4 closed out, a net change of +3 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q3 2018 was Invesco, an estimated $328K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q3 2018 was Rivernorth Capital Management, an estimated $2.07M sold.
Based on aggregated 13F filings for Q3 2018.