Flaherty & Crumrine Total Return Fund
FLC
43 hedge funds and large institutions have $42.5M invested in Flaherty & Crumrine Total Return Fund in 2024 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
43% more capital invested
Capital invested by funds: $29.6M → $42.5M (+$12.9M)
23% more funds holding
Funds holding: 35 → 43 (+8)
7.95% more ownership
Funds ownership: 16.39% → 24.34% (+7.9%)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.23M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$1.41M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$850K |
| 4 |
Morgan Stanley
New York
|
+$703K |
| 5 |
Pathstone Holdings
Englewood,
New Jersey
|
+$530K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$467K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$247K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$116K |
| 4 |
LPL Financial
San Diego,
California
|
-$100K |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$62.3K |
FLC Hedge Fund Activity: Q4 2024 in Review
43 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Total Return Fund (FLC) for Q4 2024, worth a combined $42.5M — up 43% from $29.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FLC positions and 1 closed out — a net gain of 9 holders — while 13 added to existing stakes and 15 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $5.23M. The largest seller was AQR Arbitrage, cutting an estimated $467K.
- 43 institutional investors held Flaherty & Crumrine Total Return Fund (FLC) as of Q4 2024, up from 35 in Q3 2024.
- Funds reported $42.5M of Flaherty & Crumrine Total Return Fund stock for Q4 2024, up 43% quarter-over-quarter.
- 10 funds opened new Flaherty & Crumrine Total Return Fund positions in Q4 2024 and 1 closed out, a net change of +9 holders.
- The largest Flaherty & Crumrine Total Return Fund buyer in Q4 2024 was Sit Investment Associates, an estimated $5.23M added.
- The largest Flaherty & Crumrine Total Return Fund seller in Q4 2024 was AQR Arbitrage, an estimated $467K sold.
Based on aggregated 13F filings for Q4 2024.