Flaherty & Crumrine Total Return Fund
FLC
33 hedge funds and large institutions have $15.8M invested in Flaherty & Crumrine Total Return Fund in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0% more funds holding
Funds holding: 33 → 33 (0)
0.74% less ownership
Funds ownership: 11.05% → 10.3% (-0.74%)
13% less capital invested
Capital invested by funds: $18.1M → $15.8M (-$2.39M)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$263K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$144K |
| 3 |
Rockefeller Capital Management
New York
|
+$117K |
| 4 |
LPL Financial
San Diego,
California
|
+$52.5K |
| 5 |
CIA
Cascade Investment Advisors
Oregon City,
Oregon
|
+$44.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$606K |
| 2 |
RVPG
Relative Value Partners Group
|
-$266K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$251K |
| 4 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$234K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
-$106K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIA
26
Cascade Investment Advisors
Oregon City,
Oregon
| $39.7K | +$44.3K | +2,700 | New |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $23.7K | – | – | – |
|
|
SA
28
SRH Advisors
Salina,
Kansas
| $15K | – | – | – |
|
|
LWA
29
Lowe Wealth Advisors
Columbia,
Maryland
| $14.7K | – | – | – |
|
|
NSG
30
Nalls Sherbakoff Group
Knoxville,
Tennessee
| $7.13K | +$8.12K | +495 | New |
|
|
SS
31
Sunbelt Securities
Houston,
Texas
| $2.02K | +$2.3K | +140 | New |
|
|
HCM
32
Hollencrest Capital Management
Newport Beach,
California
| $29 | – | – | – |
|
33
Fidelity Investments
Boston,
Massachusetts
| $15 | +$16 | +1 | New |
|
|
RVPG
34
Relative Value Partners Group
| – | -$266K | -16,824 | Closed |
|
|
MCC
35
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$234K | -14,795 | Closed |
|
36
JP Morgan Chase
New York
| – | -$12K | -755 | Closed |
|
|
PP
37
PrairieView Partners
St. Paul,
Minnesota
| – | -$3K | -200 | Closed |
|
FLC Hedge Fund Activity: Q1 2023 in Review
33 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q1 2023, worth a combined $15.8M — down 13% from $18.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FLC positions and 4 closed out — a net gain of 1 holder — while 8 added to existing stakes and 12 trimmed.
The largest buyer was CAPTRUST Financial Advisors, opening a new position worth an estimated $263K. The largest seller was Bank of America, cutting an estimated $606K.
- 33 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $15.8M of Flaherty & Crumrine Total Return Fund stock for Q1 2023, down 13% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Total Return Fund positions in Q1 2023 and 4 closed out, a net change of +1 holder.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q1 2023 was CAPTRUST Financial Advisors, an estimated $263K added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q1 2023 was Bank of America, an estimated $606K sold.
Based on aggregated 13F filings for Q1 2023.