Flaherty & Crumrine Total Return Fund
FLC
37 hedge funds and large institutions have $26.3M invested in Flaherty & Crumrine Total Return Fund in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 5 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
4% more capital invested
Capital invested by funds: $25.3M → $26.3M (+$990K)
0.52% more ownership
Funds ownership: 15.68% → 16.2% (+0.52%)
10% less funds holding
Funds holding: 41 → 37 (-4)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.64M |
| 2 |
SCM
Saba Capital Management
New York
|
+$729K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$274K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$270K |
| 5 |
Pathstone Holdings
Englewood,
New Jersey
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$887K |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$520K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$427K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$228K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$191K |
FLC Hedge Fund Activity: Q2 2024 in Review
37 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q2 2024, worth a combined $26.3M — up 3.9% from $25.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FLC and 2 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 16 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.64M. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $887K sold.
- 37 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q2 2024, down from 41 in Q1 2024.
- Funds reported $26.3M of Flaherty & Crumrine Total Return Fund stock for Q2 2024, up 3.9% quarter-over-quarter.
- 2 funds opened new Flaherty & Crumrine Total Return Fund positions in Q2 2024 and 5 closed out, a net change of -3 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q2 2024 was Sit Investment Associates, an estimated $1.64M added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q2 2024 was Relative Value Partners Group, an estimated $887K sold.
Based on aggregated 13F filings for Q2 2024.