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FLC

Flaherty & Crumrine Total Return Fund

28 hedge funds and large institutions have $33.5M invested in Flaherty & Crumrine Total Return Fund in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 1

8% more funds holding

Funds holding: 2628 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.93% less ownership

Funds ownership: 18.01%17.08% (-0.93%)

5% less capital invested

Capital invested by funds: $35.2M → $33.5M (-$1.67M)

14% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 7

Holders
28
Holders Change
+2
Holders Change %
+7.69%
% 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
5
Increased
6
Reduced
7
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NL
1
NWAM LLC
Washington
$6.73M -$65.7K -3,239 -0.9%
GC
2
Guggenheim Capital
Illinois
$5.38M -$2.03M -99,976 -27%
Cohen & Steers
3
Cohen & Steers
New York
$5.12M
Invesco
4
Invesco
Georgia
$4.76M -$90.8K -4,474 -2%
LPL Financial
5
LPL Financial
California
$2.8M -$69.7K -3,437 -2%
Bank of America
6
Bank of America
North Carolina
$2.42M +$452K +22,268 +22%
NPC
7
National Planning Corporation
California
$1.96M +$576K +28,400 +42%
Morgan Stanley
8
Morgan Stanley
New York
$753K +$41.3K +2,035 +6%
CIA
9
Capital Investment Advisors
Georgia
$619K -$10.1K -500 -2%
Wells Fargo
10
Wells Fargo
California
$466K -$5.95K -293 -1%
Ameriprise
11
Ameriprise
Minnesota
$414K +$145K +7,145 +52%
UBS Group
12
UBS Group
Switzerland
$397K +$407K +20,078 New
MCC
13
Mid Continent Capital
Illinois
$336K
COLIM
14
City of London Investment Management
United Kingdom
$310K -$202K -9,957 -39%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$298K +$55K +2,711 +22%
RJA
16
Raymond James & Associates
Florida
$262K +$8.12K +400 +3%
SIA
17
Sit Investment Associates
Minnesota
$198K
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$54K
Creative Planning
19
Creative Planning
Kansas
$49K +$50.4K +2,482 New
FHA
20
First Horizon Advisors
Tennessee
$46K
SA
21
SRH Advisors
Kansas
$40K
TRCT
22
Tower Research Capital (TRC)
New York
$30K +$30.4K +1,500 New
HF
23
Hoxton Financial
West Virginia
$20K
NFG
24
Next Financial Group
Texas
$20K
MFS
25
MSI Financial Services
Massachusetts
$14K

FLC Hedge Fund Activity: Q4 2014 in Review

28 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q4 2014, worth a combined $33.5M — down 4.7% from $35.2M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new FLC positions and 1 closed out — a net gain of 4 holders — while 6 added to existing stakes and 7 trimmed.

The largest buyer was National Planning Corporation, adding an estimated $576K. The largest seller was Guggenheim Capital, cutting an estimated $2.03M.

  • 28 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q4 2014, up from 26 in Q3 2014.
  • Funds reported $33.5M of Flaherty & Crumrine Total Return Fund stock for Q4 2014, down 4.7% quarter-over-quarter.
  • 5 funds opened new Flaherty & Crumrine Total Return Fund positions in Q4 2014 and 1 closed out, a net change of +4 holders.
  • The largest Flaherty & Crumrine Total Return Fund buyer in Q4 2014 was National Planning Corporation, an estimated $576K added.
  • The largest Flaherty & Crumrine Total Return Fund seller in Q4 2014 was Guggenheim Capital, an estimated $2.03M sold.

Based on aggregated 13F filings for Q4 2014.