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FLC

Flaherty & Crumrine Total Return Fund

27 hedge funds and large institutions have $31.3M invested in Flaherty & Crumrine Total Return Fund in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.5% less ownership

Funds ownership: 17.08%15.59% (-1.5%)

4% less funds holding

Funds holding: 2827 (-1)

7% less capital invested

Capital invested by funds: $33.5M → $31.3M (-$2.24M)

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

44% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 9

Holders
27
Holders Change
-1
Holders Change %
-3.57%
% of All Funds
0.72%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
3
Increased
5
Reduced
9
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NL
1
NWAM LLC
Washington
$6.88M -$17.5K -850 -0.2%
Invesco
2
Invesco
Georgia
$4.97M +$89.4K +4,345 +2%
Cohen & Steers
3
Cohen & Steers
New York
$4.71M -$551K -26,757 -10%
GC
4
Guggenheim Capital
Illinois
$4.69M -$834K -40,535 -15%
LPL Financial
5
LPL Financial
California
$2.69M -$165K -8,039 -6%
Bank of America
6
Bank of America
North Carolina
$2.24M -$250K -12,136 -10%
Morgan Stanley
7
Morgan Stanley
New York
$744K -$27.7K -1,348 -4%
CIA
8
Capital Investment Advisors
Georgia
$635K
RJA
9
Raymond James & Associates
Florida
$584K +$320K +15,557 +117%
Ameriprise
10
Ameriprise
Minnesota
$549K +$127K +6,152 +29%
Wells Fargo
11
Wells Fargo
California
$491K +$13.4K +652 +3%
UBS Group
12
UBS Group
Switzerland
$394K -$13.4K -649 -3%
MCC
13
Mid Continent Capital
Illinois
$345K
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$315K +$10.5K +512 +3%
CRC
15
Curi RMB Capital
Illinois
$295K +$300K +14,566 New
SIA
16
Sit Investment Associates
Minnesota
$203K
IH
17
IFC Holdings
Florida
$203K +$207K +10,035 New
Northwestern Mutual Wealth Management
18
Northwestern Mutual Wealth Management
Wisconsin
$114K +$115K +5,600 New
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$55K
FHA
20
First Horizon Advisors
Tennessee
$46K
SA
21
SRH Advisors
Kansas
$41K
Creative Planning
22
Creative Planning
Kansas
$20K -$30.9K -1,500 -60%
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: Q1 2015 in Review

27 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q1 2015, worth a combined $31.3M — down 6.7% from $33.5M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of FLC and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 5 added.

The largest buyer was Raymond James & Associates, adding an estimated $320K. The largest seller was National Planning Corporation, exiting entirely with an estimated $1.96M sold.

  • 27 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q1 2015, down from 28 in Q4 2014.
  • Funds reported $31.3M of Flaherty & Crumrine Total Return Fund stock for Q1 2015, down 6.7% quarter-over-quarter.
  • 3 funds opened new Flaherty & Crumrine Total Return Fund positions in Q1 2015 and 4 closed out, a net change of -1 holder.
  • The largest Flaherty & Crumrine Total Return Fund buyer in Q1 2015 was Raymond James & Associates, an estimated $320K added.
  • The largest Flaherty & Crumrine Total Return Fund seller in Q1 2015 was National Planning Corporation, an estimated $1.96M sold.

Based on aggregated 13F filings for Q1 2015.