Flaherty & Crumrine Total Return Fund
FLC
33 hedge funds and large institutions have $32.8M invested in Flaherty & Crumrine Total Return Fund in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 3 closing their positions.
2.33% less ownership
Funds ownership: 18.58% → 16.25% (-2.3%)
6% less funds holding
Funds holding: 35 → 33 (-2)
7% less capital invested
Capital invested by funds: $35.3M → $32.8M (-$2.49M)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$261K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$247K |
| 3 |
Rockefeller Capital Management
New York
|
+$43.8K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.6K |
| 5 |
CAC
Certified Advisory Corp
Altamonte Springs,
Florida
|
+$11.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.56M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$801K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$408K |
| 4 |
BAM
Bruderman Asset Management
Locust Valley,
New York
|
-$312K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$282K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SA
26
SRH Advisors
Salina,
Kansas
| $34K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $28K | – | – | – |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $21K | +$986 | +50 | +5% |
|
|
APA
29
American Portfolios Advisors
Holbrook,
New York
| $16.5K | -$191K | -9,671 | -92% |
|
|
CAC
30
Certified Advisory Corp
Altamonte Springs,
Florida
| $12K | +$11.8K | +600 | New |
|
|
WC
31
Westwind Capital
Las Cruces,
New Mexico
| $10K | – | – | – |
|
32
Fifth Third Bancorp
Cincinnati,
Ohio
| $8K | – | – | – |
|
|
BAM
33
Bruderman Asset Management
Locust Valley,
New York
| – | -$312K | -16,244 | Closed |
|
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$282K | -14,661 | Closed |
|
|
FHB
35
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$28K | -1,454 | Closed |
|
36
Citigroup
New York
| – | +$158 | +8 | +267% |
|
FLC Hedge Fund Activity: Q2 2019 in Review
33 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q2 2019, worth a combined $32.8M — down 7% from $35.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FLC and 1 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 8 added.
The largest buyer was UBS Group, adding an estimated $261K. The largest seller was Sit Investment Associates, cutting an estimated $2.56M.
- 33 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q2 2019, down from 35 in Q1 2019.
- Funds reported $32.8M of Flaherty & Crumrine Total Return Fund stock for Q2 2019, down 7% quarter-over-quarter.
- 1 fund opened new Flaherty & Crumrine Total Return Fund positions in Q2 2019 and 3 closed out, a net change of -2 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q2 2019 was UBS Group, an estimated $261K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q2 2019 was Sit Investment Associates, an estimated $2.56M sold.
Based on aggregated 13F filings for Q2 2019.