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FLC

Flaherty & Crumrine Total Return Fund

26 hedge funds and large institutions have $35.2M invested in Flaherty & Crumrine Total Return Fund in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

33% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 6

4% more funds holding

Funds holding: 2526 (+1)

0.12% more ownership

Funds ownership: 17.89%18.01% (+0.12%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $35.5M → $35.2M (-$335K)

Holders
26
Holders Change
+1
Holders Change %
+4%
% of All Funds
0.75%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
2
Increased
8
Reduced
6
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$7.34M -$1.35M -68,788 -16%
NL
2
NWAM LLC
Washington
$6.78M +$413K +20,982 +7%
Cohen & Steers
3
Cohen & Steers
New York
$5.11M +$49.2K +2,500 +1%
Invesco
4
Invesco
Georgia
$4.84M +$159K +8,096 +3%
LPL Financial
5
LPL Financial
California
$2.85M -$60.4K -3,070 -2%
Bank of America
6
Bank of America
North Carolina
$1.98M -$140K -7,114 -7%
NPC
7
National Planning Corporation
California
$1.33M +$127K +6,450 +11%
Morgan Stanley
8
Morgan Stanley
New York
$711K -$39.8K -2,025 -5%
U
9
UBS
Switzerland
$705K +$71.8K +3,651 +11%
CIA
10
Capital Investment Advisors
Georgia
$628K -$31.2K -1,585 -5%
COLIM
11
City of London Investment Management
United Kingdom
$505K +$504K +25,615 New
Wells Fargo
12
Wells Fargo
California
$470K -$7.5K -381 -2%
WAM
13
Wolverine Asset Management
Illinois
$424K +$424K +21,528 New
MCC
14
Mid Continent Capital
Illinois
$336K
Ameriprise
15
Ameriprise
Minnesota
$272K +$103K +5,229 +61%
RJA
16
Raymond James & Associates
Florida
$254K
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$244K +$17.6K +894 +8%
SIA
18
Sit Investment Associates
Minnesota
$197K
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$54K +$9.64K +490 +22%
FHA
20
First Horizon Advisors
Tennessee
$45K
SA
21
SRH Advisors
Kansas
$39K
HF
22
Hoxton Financial
West Virginia
$20K
NFG
23
Next Financial Group
Texas
$20K
MFS
24
MSI Financial Services
Massachusetts
$14K
Fifth Third Bancorp
25
Fifth Third Bancorp
Ohio
$8K

FLC Hedge Fund Activity: Q3 2014 in Review

26 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q3 2014, worth a combined $35.2M — down 0.94% from $35.5M a quarter earlier.

Buyers outnumbered sellers: 2 funds opened new FLC positions and 1 closed out — a net gain of 1 holder — while 8 added to existing stakes and 6 trimmed.

The largest buyer was City of London Investment Management, opening a new position worth an estimated $504K. The largest seller was Guggenheim Capital, cutting an estimated $1.35M.

  • 26 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q3 2014, up from 25 in Q2 2014.
  • Funds reported $35.2M of Flaherty & Crumrine Total Return Fund stock for Q3 2014, down 0.94% quarter-over-quarter.
  • 2 funds opened new Flaherty & Crumrine Total Return Fund positions in Q3 2014 and 1 closed out, a net change of +1 holder.
  • The largest Flaherty & Crumrine Total Return Fund buyer in Q3 2014 was City of London Investment Management, an estimated $504K added.
  • The largest Flaherty & Crumrine Total Return Fund seller in Q3 2014 was Guggenheim Capital, an estimated $1.35M sold.

Based on aggregated 13F filings for Q3 2014.