Flaherty & Crumrine Total Return Fund
FLC
30 hedge funds and large institutions have $25.5M invested in Flaherty & Crumrine Total Return Fund in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 5 closing their positions.
52% more capital invested
Capital invested by funds: $16.8M → $25.5M (+$8.68M)
0.24% less ownership
Funds ownership: 13.11% → 12.88% (-0.24%)
9% less funds holding
Funds holding: 33 → 30 (-3)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$471K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$293K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$134K |
| 4 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$89.7K |
| 5 |
CIA
Cascade Investment Advisors
Oregon City,
Oregon
|
+$51.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$527K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$521K |
| 3 |
PFBT
Parkside Financial Bank & Trust
Saint Louis,
Missouri
|
-$73K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$67K |
| 5 |
Morgan Stanley
New York
|
-$52.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
26
American Portfolios Advisors
Holbrook,
New York
| $16.1K | – | – | – |
|
27
Citigroup
New York
| $16K | +$287 | +15 | +2% |
|
|
OPS
28
Orion Portfolio Solutions
Omaha,
Nebraska
| $14K | – | – | – |
|
|
WC
29
Westwind Capital
Las Cruces,
New Mexico
| $9K | – | – | – |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| $8K | – | – | – |
|
|
RJA
31
Raymond James & Associates
St Petersburg,
Florida
| – | -$527K | -31,958 | Closed |
|
|
PFBT
32
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$73K | -4,416 | Closed |
|
|
AIC
33
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$30K | -1,790 | Closed |
|
34
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$22K | -1,357 | Closed |
|
|
SPIA
35
Steward Partners Investment Advisory
New York
| – | -$17K | -1,038 | Closed |
|
FLC Hedge Fund Activity: Q2 2020 in Review
30 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q2 2020, worth a combined $25.5M — up 52% from $16.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FLC and 2 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Private Advisor Group, opening a new position worth an estimated $471K. The largest seller was Raymond James & Associates, exiting entirely with an estimated $527K sold.
- 30 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q2 2020, down from 33 in Q1 2020.
- Funds reported $25.5M of Flaherty & Crumrine Total Return Fund stock for Q2 2020, up 52% quarter-over-quarter.
- 2 funds opened new Flaherty & Crumrine Total Return Fund positions in Q2 2020 and 5 closed out, a net change of -3 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q2 2020 was Private Advisor Group, an estimated $471K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q2 2020 was Raymond James & Associates, an estimated $527K sold.
Based on aggregated 13F filings for Q2 2020.