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FLC

Flaherty & Crumrine Total Return Fund

29 hedge funds and large institutions have $31.9M invested in Flaherty & Crumrine Total Return Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 14 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more capital invested

Capital invested by funds: $31.2M → $31.9M (+$668K)

0% more funds holding

Funds holding: 2929 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

0.53% less ownership

Funds ownership: 16.42%15.88% (-0.53%)

64% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 14

Holders
29
Holders Change
Holders Change %
0%
% of All Funds
0.77%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
5
Reduced
14
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NL
1
NWAM LLC
Washington
$6.16M -$461K -23,282 -7%
LPL Financial
2
LPL Financial
California
$5.26M -$153K -7,756 -3%
Invesco
3
Invesco
Georgia
$4.24M -$341K -17,221 -8%
Bank of America
4
Bank of America
North Carolina
$4.02M +$569K +28,767 +17%
Cohen & Steers
5
Cohen & Steers
New York
$3.08M -$149K -7,544 -5%
GC
6
Guggenheim Capital
Illinois
$2.01M -$214K -10,828 -10%
Ameriprise
7
Ameriprise
Minnesota
$1.08M +$302K +15,286 +40%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$1.05M -$20K -1,013 -2%
GWM
9
Geneos Wealth Management
Colorado
$768K +$749K +37,857 New
YMRC
10
Yorktown Management & Research Company
Virginia
$747K -$82.6K -4,176 -10%
Wells Fargo
11
Wells Fargo
California
$714K -$109K -5,499 -14%
Morgan Stanley
12
Morgan Stanley
New York
$653K +$23.5K +1,186 +4%
CIA
13
Capital Investment Advisors
Georgia
$593K -$29.3K -1,482 -5%
IH
14
IFC Holdings
Florida
$411K
RJA
15
Raymond James & Associates
Florida
$274K +$9.89K +500 +4%
SIA
16
Sit Investment Associates
Minnesota
$203K -$170K -8,584 -46%
UBS Group
17
UBS Group
Switzerland
$141K -$24.3K -1,230 -15%
MFS
18
MSI Financial Services
Massachusetts
$118K +$138 +7 +0.1%
Northwestern Mutual Wealth Management
19
Northwestern Mutual Wealth Management
Wisconsin
$89K
AIG
20
American International Group
New York
$72K +$70.5K +3,565 New
WT
21
Whittier Trust
California
$61K +$59.4K +3,000 New
Bank of Montreal
22
Bank of Montreal
Ontario, Canada
$46K
SA
23
SRH Advisors
Kansas
$41K
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$40K
Creative Planning
25
Creative Planning
Kansas
$13K -$6.47K -327 -33%

FLC Hedge Fund Activity: Q1 2016 in Review

29 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q1 2016, worth a combined $31.9M — up 2.1% from $31.2M a quarter earlier.

Fund positioning in FLC was balanced in Q1 2016: 4 funds opened new positions, 4 closed out, 5 added to existing stakes and 14 trimmed.

The largest buyer was Bank of America, adding an estimated $569K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $682K sold.

  • 29 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q1 2016, unchanged from Q4 2015.
  • Funds reported $31.9M of Flaherty & Crumrine Total Return Fund stock for Q1 2016, up 2.1% quarter-over-quarter.
  • 4 funds opened new Flaherty & Crumrine Total Return Fund positions in Q1 2016 and 4 closed out, a net change of 0 holders.
  • The largest Flaherty & Crumrine Total Return Fund buyer in Q1 2016 was Bank of America, an estimated $569K added.
  • The largest Flaherty & Crumrine Total Return Fund seller in Q1 2016 was Laurion Capital Management, an estimated $682K sold.

Based on aggregated 13F filings for Q1 2016.