Flaherty & Crumrine Total Return Fund
FLC
35 hedge funds and large institutions have $35.3M invested in Flaherty & Crumrine Total Return Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 5 closing their positions.
7% more capital invested
Capital invested by funds: $33.1M → $35.3M (+$2.26M)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
0.72% less ownership
Funds ownership: 19.29% → 18.58% (-0.72%)
3% less funds holding
Funds holding: 36 → 35 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$620K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$275K |
| 3 |
EPA
Element Pointe Advisors
Miami,
Florida
|
+$266K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$247K |
| 5 |
Rockefeller Capital Management
New York
|
+$137K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.37M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$478K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$473K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$415K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$155K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
26
Whittier Trust
South Pasadena,
California
| $58K | – | – | – |
|
|
AF
27
Advisornet Financial
Minnetonka,
Minnesota
| $46K | – | – | – |
|
|
SA
28
SRH Advisors
Salina,
Kansas
| $32K | – | – | – |
|
|
FHB
29
First Hawaiian Bank
Honolulu,
Hawaii
| $28K | – | – | – |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $26K | – | – | – |
|
|
AG
31
Advisor Group
Phoenix,
Arizona
| $19K | – | – | – |
|
|
WC
32
Westwind Capital
Las Cruces,
New Mexico
| $9K | -$22.5K | -1,200 | -72% |
|
33
Fifth Third Bancorp
Cincinnati,
Ohio
| $8K | – | – | – |
|
34
Koshinski Asset Management
Decatur,
Illinois
| $252 | – | – | – |
|
|
GC
35
Guggenheim Capital
Chicago,
Illinois
| – | -$478K | -27,757 | Closed |
|
|
WAM
36
Wolverine Asset Management
Chicago,
Illinois
| – | -$473K | -27,487 | Closed |
|
|
COLIM
37
City of London Investment Management
London,
United Kingdom
| – | -$415K | -24,159 | Closed |
|
|
LF
38
Lee Financial
Dallas,
Texas
| – | -$4K | -234 | Closed |
|
39
Citigroup
New York
| – | +$56 | +3 | New |
|
FLC Hedge Fund Activity: Q1 2019 in Review
35 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q1 2019, worth a combined $35.3M — up 6.8% from $33.1M a quarter earlier.
Fund positioning in FLC was balanced in Q1 2019: 5 funds opened new positions, 5 closed out, 8 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $620K. The largest seller was Invesco, cutting an estimated $1.37M.
- 35 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q1 2019, down from 36 in Q4 2018.
- Funds reported $35.3M of Flaherty & Crumrine Total Return Fund stock for Q1 2019, up 6.8% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Total Return Fund positions in Q1 2019 and 5 closed out, a net change of 0 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q1 2019 was Bank of America, an estimated $620K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q1 2019 was Invesco, an estimated $1.37M sold.
Based on aggregated 13F filings for Q1 2019.