Flaherty & Crumrine Total Return Fund
FLC
49 hedge funds and large institutions have $46.1M invested in Flaherty & Crumrine Total Return Fund in 2025 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
7% more funds holding
Funds holding: 46 → 49 (+3)
6% more capital invested
Capital invested by funds: $43.4M → $46.1M (+$2.64M)
1.25% more ownership
Funds ownership: 24.73% → 25.97% (+1.2%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.18M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.35M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$722K |
| 4 |
CI
Ceera Investments
Bellaire,
Texas
|
+$381K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$366K |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$303K |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$206K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$183K |
| 5 |
MAG
MRA Advisory Group
Parsippany,
New Jersey
|
-$174K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAG
51
MRA Advisory Group
Parsippany,
New Jersey
| – | -$174K | -10,391 | Closed |
|
|
MIA
52
MeadowBrook Investment Advisors
Livonia,
Michigan
| – | -$45.6K | -2,720 | Closed |
|
|
HI
53
Harbour Investments
Madison,
Wisconsin
| – | -$16.8K | -1,000 | Closed |
|
54
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$11.7K | -700 | Closed |
|
FLC Hedge Fund Activity: Q2 2025 in Review
49 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q2 2025, worth a combined $46.1M — up 6.1% from $43.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FLC positions and 5 closed out — a net gain of 4 holders — while 18 added to existing stakes and 14 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.18M. The largest seller was Bank of America, cutting an estimated $366K.
- 49 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q2 2025, up from 46 in Q1 2025.
- Funds reported $46.1M of Flaherty & Crumrine Total Return Fund stock for Q2 2025, up 6.1% quarter-over-quarter.
- 9 funds opened new Flaherty & Crumrine Total Return Fund positions in Q2 2025 and 5 closed out, a net change of +4 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q2 2025 was Sit Investment Associates, an estimated $2.18M added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q2 2025 was Bank of America, an estimated $366K sold.
Based on aggregated 13F filings for Q2 2025.