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FLC

Flaherty & Crumrine Total Return Fund

37 hedge funds and large institutions have $37.9M invested in Flaherty & Crumrine Total Return Fund in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

16% more funds holding

Funds holding: 3237 (+5)

15% more capital invested

Capital invested by funds: $33M → $37.9M (+$4.87M)

3.86% more ownership

Funds ownership: 15.35%19.22% (+3.9%)

0% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 8

Holders
37
Holders Change
+5
Holders Change %
+15.63%
% of All Funds
0.85%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
8
Reduced
8
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$12.7M +$388K +19,112 +3%
NL
2
NWAM LLC
Washington
$5.33M -$633K -31,208 -10%
Invesco
3
Invesco
Georgia
$5.3M +$1.32M +65,159 +32%
LPL Financial
4
LPL Financial
California
$2.08M +$211K +10,401 +11%
WAM
5
Wolverine Asset Management
Illinois
$2.07M +$2.12M +104,523 New
RCM
6
Rivernorth Capital Management
Florida
$1.38M +$1.41M +69,574 New
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$1.18M -$5.62K -277 -0.5%
SIA
8
Sit Investment Associates
Minnesota
$868K +$686K +33,832 +338%
GC
9
Guggenheim Capital
Illinois
$749K +$448K +22,094 +140%
UBS Group
10
UBS Group
Switzerland
$670K -$135K -6,651 -16%
GWM
11
Geneos Wealth Management
Colorado
$670K -$47.3K -2,334 -6%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$651K +$667K +32,871 New
Wells Fargo
13
Wells Fargo
California
$640K -$40.8K -2,014 -6%
COLIM
14
City of London Investment Management
United Kingdom
$478K +$490K +24,159 New
HighTower Advisors
15
HighTower Advisors
Illinois
$437K +$447K +22,029 New
RG
16
Rikoon Group
New Mexico
$414K +$428K +21,109 New
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$363K +$30.4K +1,500 +9%
Morgan Stanley
18
Morgan Stanley
New York
$330K -$22K -1,084 -6%
CIA
19
Capital Investment Advisors
Georgia
$284K +$7.1K +350 +3%
JMPWA
20
JP Morgan Private Wealth Advisors
California
$240K +$245K +12,088 New
Cohen & Steers
21
Cohen & Steers
New York
$228K
APA
22
American Portfolios Advisors
New York
$198K +$186K +9,176 +1,147%
BAM
23
Bruderman Asset Management
New York
$156K +$159K +7,857 New
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$87K -$23.6K -1,163 -21%
Northwestern Mutual Wealth Management
25
Northwestern Mutual Wealth Management
Wisconsin
$76K

FLC Hedge Fund Activity: Q1 2018 in Review

37 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q1 2018, worth a combined $37.9M — up 15% from $33M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FLC positions and 5 closed out — a net gain of 5 holders — while 8 added to existing stakes and 8 trimmed.

The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $2.12M. The largest seller was NWAM LLC, cutting an estimated $633K.

  • 37 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q1 2018, up from 32 in Q4 2017.
  • Funds reported $37.9M of Flaherty & Crumrine Total Return Fund stock for Q1 2018, up 15% quarter-over-quarter.
  • 10 funds opened new Flaherty & Crumrine Total Return Fund positions in Q1 2018 and 5 closed out, a net change of +5 holders.
  • The largest Flaherty & Crumrine Total Return Fund buyer in Q1 2018 was Wolverine Asset Management, an estimated $2.12M added.
  • The largest Flaherty & Crumrine Total Return Fund seller in Q1 2018 was NWAM LLC, an estimated $633K sold.

Based on aggregated 13F filings for Q1 2018.