Flaherty & Crumrine Total Return Fund
FLC
33 hedge funds and large institutions have $16.8M invested in Flaherty & Crumrine Total Return Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
6% more funds holding
Funds holding: 31 → 33 (+2)
0.58% less ownership
Funds ownership: 13.69% → 13.11% (-0.58%)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
45% less capital invested
Capital invested by funds: $30.4M → $16.8M (-$13.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$673K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$276K |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
+$253K |
| 4 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$134K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$74.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.51M |
| 2 |
EPA
Element Pointe Advisors
Miami,
Florida
|
-$313K |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$251K |
| 4 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$210K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$151K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $22K | -$4.53K | -215 | -14% |
|
|
SPIA
27
Steward Partners Investment Advisory
New York
| $17K | +$21.9K | +1,038 | New |
|
|
APA
28
American Portfolios Advisors
Holbrook,
New York
| $13.4K | – | – | – |
|
29
Citigroup
New York
| $13K | +$16.9K | +800 | New |
|
|
OPS
30
Orion Portfolio Solutions
Omaha,
Nebraska
| $12K | +$15.2K | +720 | New |
|
|
WC
31
Westwind Capital
Las Cruces,
New Mexico
| $8K | – | – | – |
|
32
Fifth Third Bancorp
Cincinnati,
Ohio
| $7K | – | – | – |
|
|
NL
33
NWAM LLC
Mercer Island,
Washington
| $4.8K | -$210K | -9,982 | -3% |
|
|
EPA
34
Element Pointe Advisors
Miami,
Florida
| – | -$313K | -14,024 | Closed |
|
|
SFS
35
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$251K | -11,914 | Closed |
|
|
CAC
36
Certified Advisory Corp
Altamonte Springs,
Florida
| – | -$12.6K | -600 | Closed |
|
FLC Hedge Fund Activity: Q1 2020 in Review
33 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q1 2020, worth a combined $16.8M — down 45% from $30.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FLC positions and 3 closed out — a net gain of 4 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $673K. The largest seller was Bank of America, cutting an estimated $1.51M.
- 33 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q1 2020, up from 31 in Q4 2019.
- Funds reported $16.8M of Flaherty & Crumrine Total Return Fund stock for Q1 2020, down 45% quarter-over-quarter.
- 7 funds opened new Flaherty & Crumrine Total Return Fund positions in Q1 2020 and 3 closed out, a net change of +4 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q1 2020 was Raymond James & Associates, an estimated $673K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q1 2020 was Bank of America, an estimated $1.51M sold.
Based on aggregated 13F filings for Q1 2020.