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FLC

Flaherty & Crumrine Total Return Fund

35 hedge funds and large institutions have $35.3M invested in Flaherty & Crumrine Total Return Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $33.1M → $35.3M (+$2.26M)

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

0% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 8

0.72% less ownership

Funds ownership: 19.29%18.58% (-0.72%)

3% less funds holding

Funds holding: 3635 (-1)

Holders
35
Holders Change
-1
Holders Change %
-2.78%
% of All Funds
0.76%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
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
$11.1M +$620K +33,090 +6%
NL
2
NWAM LLC
Washington
$6.07M
SIA
3
Sit Investment Associates
Minnesota
$6.06M +$51.6K +2,757 +0.9%
Invesco
4
Invesco
Georgia
$3.41M -$1.37M -73,008 -29%
LPL Financial
5
LPL Financial
California
$1.7M -$12.4K -663 -0.7%
MAFM
6
Mid Atlantic Financial Management
Pennsylvania
$734K -$22.5K -1,200 -3%
Wells Fargo
7
Wells Fargo
California
$657K +$116K +6,188 +22%
GWM
8
Geneos Wealth Management
Colorado
$655K +$56 +3 +0%
RCM
9
Robinson Capital Management
Michigan
$593K
Cohen & Steers
10
Cohen & Steers
New York
$400K
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$369K -$2.34K -125 -0.6%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$357K -$20.8K -1,112 -6%
Morgan Stanley
13
Morgan Stanley
New York
$357K -$16K -854 -4%
HighTower Advisors
14
HighTower Advisors
Illinois
$333K +$5.86K +313 +2%
BAM
15
Bruderman Asset Management
New York
$312K
CIA
16
Capital Investment Advisors
Georgia
$300K
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$282K +$275K +14,661 New
EPA
18
Element Pointe Advisors
Florida
$273K +$266K +14,191 New
TJHA
19
Thomas J. Herzfeld Advisors
Florida
$254K +$247K +13,197 New
BTS
20
BB&T Securities
Virginia
$240K +$18.7K +1,000 +9%
APA
21
American Portfolios Advisors
New York
$201K +$562 +30 +0.3%
Rockefeller Capital Management
22
Rockefeller Capital Management
New York
$141K +$137K +7,341 New
UBS Group
23
UBS Group
Switzerland
$129K -$155K -8,276 -55%
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$98K +$47.3K +2,528 +98%
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$70K

FLC Hedge Fund Activity: Q1 2019 in Review

35 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q1 2019, worth a combined $35.3M — up 6.8% from $33.1M a quarter earlier.

Fund positioning in FLC was balanced in Q1 2019: 5 funds opened new positions, 5 closed out, 8 added to existing stakes and 8 trimmed.

The largest buyer was Bank of America, adding an estimated $620K. The largest seller was Invesco, cutting an estimated $1.37M.

  • 35 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q1 2019, down from 36 in Q4 2018.
  • Funds reported $35.3M of Flaherty & Crumrine Total Return Fund stock for Q1 2019, up 6.8% quarter-over-quarter.
  • 5 funds opened new Flaherty & Crumrine Total Return Fund positions in Q1 2019 and 5 closed out, a net change of 0 holders.
  • The largest Flaherty & Crumrine Total Return Fund buyer in Q1 2019 was Bank of America, an estimated $620K added.
  • The largest Flaherty & Crumrine Total Return Fund seller in Q1 2019 was Invesco, an estimated $1.37M sold.

Based on aggregated 13F filings for Q1 2019.