Flaherty & Crumrine Total Return Fund
FLC
35 hedge funds and large institutions have $29.6M invested in Flaherty & Crumrine Total Return Fund in 2024 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 6 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 7
13% more capital invested
Capital invested by funds: $26.3M → $29.6M (+$3.32M)
0.19% more ownership
Funds ownership: 16.2% → 16.39% (+0.19%)
5% less funds holding
Funds holding: 37 → 35 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.56M |
| 2 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$924K |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
+$875K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$570K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$317K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.32M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.2M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$349K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$231K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$187K |
FLC Hedge Fund Activity: Q3 2024 in Review
35 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q3 2024, worth a combined $29.6M — up 13% from $26.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FLC and 4 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 15 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.56M. The largest seller was Saba Capital Management, exiting entirely with an estimated $2.32M sold.
- 35 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q3 2024, down from 37 in Q2 2024.
- Funds reported $29.6M of Flaherty & Crumrine Total Return Fund stock for Q3 2024, up 13% quarter-over-quarter.
- 4 funds opened new Flaherty & Crumrine Total Return Fund positions in Q3 2024 and 6 closed out, a net change of -2 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q3 2024 was Sit Investment Associates, an estimated $1.56M added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q3 2024 was Saba Capital Management, an estimated $2.32M sold.
Based on aggregated 13F filings for Q3 2024.