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FLC

Flaherty & Crumrine Total Return Fund

33 hedge funds and large institutions have $16.8M invested in Flaherty & Crumrine Total Return Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

6% more funds holding

Funds holding: 3133 (+2)

0.58% less ownership

Funds ownership: 13.69%13.11% (-0.58%)

22% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 9

45% less capital invested

Capital invested by funds: $30.4M → $16.8M (-$13.6M)

Holders
33
Holders Change
+2
Holders Change %
+6.45%
% of All Funds
0.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
7
Reduced
9
Closed
3
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
$7.7M -$1.51M -71,592 -13%
Invesco
2
Invesco
Georgia
$2.52M +$276K +13,096 +9%
LPL Financial
3
LPL Financial
California
$1.33M -$150K -7,118 -8%
UBS Group
4
UBS Group
Switzerland
$629K +$17.9K +851 +2%
RJA
5
Raymond James & Associates
Florida
$527K +$673K +31,958 New
GWM
6
Geneos Wealth Management
Colorado
$526K -$8.85K -420 -1%
Wells Fargo
7
Wells Fargo
California
$416K -$151K -7,167 -22%
Koshinski Asset Management
8
Koshinski Asset Management
Illinois
$414K +$253K +11,990 +91%
SIA
9
Sit Investment Associates
Minnesota
$390K -$2.36K -112 -0.5%
WS
10
Wedbush Securities
California
$313K +$74.8K +3,550 +23%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$291K +$4.26K +202 +1%
HighTower Advisors
12
HighTower Advisors
Illinois
$258K -$29K -1,378 -8%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$232K
CIA
14
Capital Investment Advisors
Georgia
$217K
Truist Financial
15
Truist Financial
North Carolina
$182K
Morgan Stanley
16
Morgan Stanley
New York
$156K +$46.3K +2,197 +30%
Osaic Holdings
17
Osaic Holdings
Arizona
$142K +$181K +8,595 New
CAN
18
Claraphi Advisory Network
United States
$105K +$134K +6,346 New
Rockefeller Capital Management
19
Rockefeller Capital Management
New York
$75K -$111K -5,286 -54%
PFBT
20
Parkside Financial Bank & Trust
Missouri
$73K
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$60K
AF
22
Advisornet Financial
Minnesota
$56K +$21.1K +1,000 +42%
WT
23
Whittier Trust
California
$50K
AIC
24
Ameritas Investment Company
Nebraska
$30K +$37.7K +1,790 New
SA
25
SRH Advisors
Kansas
$28K

FLC Hedge Fund Activity: Q1 2020 in Review

33 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q1 2020, worth a combined $16.8M — down 45% from $30.4M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new FLC positions and 3 closed out — a net gain of 4 holders — while 7 added to existing stakes and 9 trimmed.

The largest buyer was Raymond James & Associates, opening a new position worth an estimated $673K. The largest seller was Bank of America, cutting an estimated $1.51M.

  • 33 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q1 2020, up from 31 in Q4 2019.
  • Funds reported $16.8M of Flaherty & Crumrine Total Return Fund stock for Q1 2020, down 45% quarter-over-quarter.
  • 7 funds opened new Flaherty & Crumrine Total Return Fund positions in Q1 2020 and 3 closed out, a net change of +4 holders.
  • The largest Flaherty & Crumrine Total Return Fund buyer in Q1 2020 was Raymond James & Associates, an estimated $673K added.
  • The largest Flaherty & Crumrine Total Return Fund seller in Q1 2020 was Bank of America, an estimated $1.51M sold.

Based on aggregated 13F filings for Q1 2020.