Flaherty & Crumrine Total Return Fund
FLC
31 hedge funds and large institutions have $18.6M invested in Flaherty & Crumrine Total Return Fund in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 7 closing their positions.
3.36% less ownership
Funds ownership: 12.29% → 8.93% (-3.4%)
14% less funds holding
Funds holding: 36 → 31 (-5)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
34% less capital invested
Capital invested by funds: $28.2M → $18.6M (-$9.6M)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$131K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$98.1K |
| 3 |
Morgan Stanley
New York
|
+$62.3K |
| 4 |
LPL Financial
San Diego,
California
|
+$58.1K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$46.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$3.96M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$656K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
-$554K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$466K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$442K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
26
American Portfolios Advisors
Holbrook,
New York
| $16K | – | – | – |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| $14K | -$442K | -21,205 | -97% |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $11K | +$11.5K | +550 | New |
|
29
Fifth Third Bancorp
Cincinnati,
Ohio
| $8K | – | – | – |
|
30
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $8K | +$4.57K | +219 | +112% |
|
|
T
31
TCWP
Beachwood,
Ohio
| $5K | +$6.26K | +300 | New |
|
|
SFS
32
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$3.96M | -173,915 | Closed |
|
|
33
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$466K | -20,429 | Closed |
|
|
NL
34
NWAM LLC
Mercer Island,
Washington
| – | -$416K | -18,240 | Closed |
|
|
CIA
35
Capital Investment Advisors
Atlanta,
Georgia
| – | -$233K | -10,220 | Closed |
|
|
AF
36
Advisornet Financial
Minnetonka,
Minnesota
| – | -$210K | -9,196 | Closed |
|
|
CA
37
CoreCap Advisors
Southfield,
Michigan
| – | -$19K | -839 | Closed |
|
FLC Hedge Fund Activity: Q1 2022 in Review
31 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q1 2022, worth a combined $18.6M — down 34% from $28.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FLC and 2 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was UBS Group, adding an estimated $131K. The largest seller was Sowell Financial Services, exiting entirely with an estimated $3.96M sold.
- 31 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q1 2022, down from 36 in Q4 2021.
- Funds reported $18.6M of Flaherty & Crumrine Total Return Fund stock for Q1 2022, down 34% quarter-over-quarter.
- 2 funds opened new Flaherty & Crumrine Total Return Fund positions in Q1 2022 and 7 closed out, a net change of -5 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q1 2022 was UBS Group, an estimated $131K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q1 2022 was Sowell Financial Services, an estimated $3.96M sold.
Based on aggregated 13F filings for Q1 2022.