Flaherty & Crumrine Total Return Fund
FLC
36 hedge funds and large institutions have $34M invested in Flaherty & Crumrine Total Return Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
9% more funds holding
Funds holding: 33 → 36 (+3)
1.03% less ownership
Funds ownership: 16.25% → 15.22% (-1%)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
49% less capital inflows, than outflows
Capital inflows: $2.27M | Capital outflows: $4.41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.23M |
| 2 |
Wedbush Securities
Los Angeles,
California
|
+$299K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$239K |
| 4 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$171K |
| 5 |
LPL Financial
San Diego,
California
|
+$99K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.44M |
| 2 |
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$637K |
| 3 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$116K |
| 4 |
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$88K |
| 5 |
Capital Investment Advisors
Atlanta,
Georgia
|
-$46.9K |
FLC Hedge Fund Activity: Q3 2019 in Review
36 of the 4,576 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q3 2019, worth a combined $34M — up 3.5% from $32.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FLC positions and 2 closed out — a net gain of 3 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $1.23M. The largest seller was Sit Investment Associates, cutting an estimated $3.44M.
- 36 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q3 2019, up from 33 in Q2 2019.
- Funds reported $34M of Flaherty & Crumrine Total Return Fund stock for Q3 2019, up 3.5% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Total Return Fund positions in Q3 2019 and 2 closed out, a net change of +3 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q3 2019 was Bank of America, an estimated $1.23M added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q3 2019 was Sit Investment Associates, an estimated $3.44M sold.
Based on aggregated 13F filings for Q3 2019.