Vault-13

FLAHERTY & CRUMRINE DYNAMIC DFP

SHS · Closed-End Fund · CUSIP 33848W106

85 institutional holders +5 vs Q1 2026
5,625,4225.6m shares reported held*
$116.4mreported value*
12 new 31 added 23 reduced 5 sold out net bought ≈ $5.1m (+246.9k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $20.68.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 58Q4 22: 70Q1 23: 65Q2 23: 63Q3 23: 65Q4 23: 71Q1 24: 69Q2 24: 71Q3 24: 68Q4 24: 76Q1 25: 74Q2 25: 77Q3 25: 82Q4 25: 85Q1 26: 80Q2 26: 8585Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202258
Q4 202270
Q1 202365
Q2 202363
Q3 202365
Q4 202371
Q1 202469
Q2 202471
Q3 202468
Q4 202476
Q1 202574
Q2 202577
Q3 202582
Q4 202585
Q1 202680
Q2 202685

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q3 24: 29 bought or addedQ3 24: 30 cut or sold outQ4 24: 40 bought or addedQ4 24: 25 cut or sold outQ4 24Q1 25: 35 bought or addedQ1 25: 29 cut or sold outQ2 25: 42 bought or addedQ2 25: 28 cut or sold outQ2 25Q3 25: 41 bought or addedQ3 25: 29 cut or sold outQ4 25: 36 bought or addedQ4 25: 40 cut or sold outQ4 25Q1 26: 34 bought or addedQ1 26: 34 cut or sold outQ2 26: 43 bought or addedQ2 26: 28 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242930
Q4 20244025
Q1 20253529
Q2 20254228
Q3 20254129
Q4 20253640
Q1 20263434
Q2 20264328

Biggest buyers

Cambridge Investment Research Advisors, Inc. Added +84,694+84.7k
SIT INVESTMENT ASSOCIATES INC Added +75,646+75.6k
RAYMOND JAMES FINANCIAL INC Added +53,183+53.2k
Hennion & Walsh Asset Management, Inc. Added +43,356+43.4k
OSAIC HOLDINGS, INC. Added +33,116+33.1k
Shaker Financial Services, LLC New +20,669+20.7k
COHEN & STEERS, INC. Added +20,000+20.0k
MORGAN STANLEY Added +17,684+17.7k
AMERIPRISE FINANCIAL INC Added +15,364+15.4k
RITHOLTZ WEALTH MANAGEMENT New +12,274+12.3k

Biggest sellers

GUGGENHEIM CAPITAL LLC Reduced -79,734-79.7k
1607 Capital Partners, LLC Reduced -45,176-45.2k
HRT FINANCIAL LP Sold out -27,049-27.0k
WELLS FARGO & COMPANY/MN Reduced -25,213-25.2k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -12,255-12.3k
Focus Partners Wealth Reduced -10,584-10.6k
Samalin Investment Counsel, LLC Reduced -10,160-10.2k
Revisor Wealth Management LLC Reduced -8,435-8.4k
Merit Financial Group, LLC Reduced -4,206-4.2k
NewEdge Advisors, LLC Reduced -2,175-2.2k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
RAYMOND JAMES & ASSOCIATES 13G · institution new · filed 2025-10-22 5.6% new 1.1m≈ $23.6m 2025-10-22

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,294,4531.3m $26.8m $26.8m 0.01% Added +53.2k +53,183
2 SIT INVESTMENT ASSOCIATES INC 0.26% of their portfolio Minneapolis, MN 657,212657.2k $13.6m $13.6m 0.26% Added +75.6k +75,646
3 COHEN & STEERS, INC. 0.02% of their portfolio NEW YORK, NY 496,489496.5k $10.3m $10.3m 0.02% Added +20.0k +20,000
4 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 309,183309.2k $6.4m $6.4m 0.00% Added +7.5k +7,480
5 Hennion & Walsh Asset Management, Inc. 0.13% of their portfolio Parsippany, NJ 218,689218.7k $4.5m $4.5m 0.13% Added +43.4k +43,356
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 211,865211.9k $4.4m $4.4m 0.00% Reduced -25.2k -25,213
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 193,623193.6k $4.0m $4.0m 0.00% Added +4.9k +4,895
8 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 175,408175.4k $3.6m $3.6m 0.00% Added +84.7k +84,694
9 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 163,065163.1k $3.4m $3.4m 0.02% Reduced -79.7k -79,734
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 136,282136.3k $2.8m $2.8m 0.00% Added +17.7k +17,684
11 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 132,309132.3k $2.7m $2.7m 0.00% Reduced -10.6k -10,584
12 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 104,750104.8k $2.2m $2.2m 0.00% Added +15.4k +15,364
13 Fiera Capital Corp 0.01% of their portfolio MONTREAL, A8 100,203100.2k $2.1m $2.1m 0.01% Added +3.2k +3,169
14 Smith Asset Management Co., LLC 1.52% of their portfolio Chiefland, FL 93,74293.7k $1.9m $1.9m 1.52% Reduced -1.3k -1,325
15 Whipplewood Advisors, LLC 1.30% of their portfolio LITTLETON, CO 93,29793.3k $1.9m $1.9m 1.30% Reduced -1.5k -1,482
16 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 80,66580.7k $1.7m $1.7m 0.00% Added +33.1k +33,116
17 1607 Capital Partners, LLC 0.11% of their portfolio Richmond, VA 62,44162.4k $1.3m $1.3m 0.11% Reduced -45.2k -45,176
18 Revisor Wealth Management LLC 0.26% of their portfolio AKRON, OH 52,58652.6k $1.1m $1.1m 0.26% Reduced -8.4k -8,435
19 1776 Wealth LLC 0.38% of their portfolio ATLANTA, GA 52,09752.1k $1.1m $1.1m 0.38% Added +59 +59
20 Closed-End Fund Advisors, Inc. 1.02% of their portfolio RICHMOND, VA 50,50950.5k $1.0m $1.0m 1.02% Added +6.5k +6,509
21 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 50,45050.5k $1.0m $1.0m 0.00% Added +7.9k +7,864
22 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 47,98248.0k $991.8k $991.8k 0.01% Added +6.8k +6,790
23 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 45,34345.3k $937.0k $937.0k 0.00% Added +3.2k +3,151
24 SEAMOUNT FINANCIAL GROUP INC 0.37% of their portfolio COLORADO SPRINGS, CO 43,90443.9k $907.5k $907.5k 0.37% Reduced -1.1k -1,088
25 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 43,47443.5k $898.6k $898.6k 0.00% Added +3.5k +3,466
26 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 39,22639.2k $810.8k $810.8k 0.00% Reduced -705 -705
27 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 38,79138.8k $801.8k $801.8k 0.00% Reduced -12.3k -12,255
28 AlphaCore Capital LLC 0.01% of their portfolio LA JOLLA, CA 36,47836.5k $754.0k $754.0k 0.01% Added +336 +336
29 Capital Analysts, LLC 0.02% of their portfolio FORT WASHINGTON, PA 36,34336.3k $751.0k $751.0k 0.02% Added +2.1k +2,149
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 31,74331.7k $656.0k $656.0k 0.00% Added +503 +503
31 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 31,36631.4k $648.3k $648.3k 0.00% Reduced -2.2k -2,175
32 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 30,64930.6k $633.5k $633.5k 0.01% Added +380 +380
33 Samalin Investment Counsel, LLC 0.18% of their portfolio CHAPPAQUA, NY 27,31127.3k $564.5k $564.5k 0.18% Reduced -10.2k -10,160
34 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 23,91623.9k $494.3k $494.3k 0.01% Reduced -1.8k -1,783
35 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 22,37322.4k $462.5k $462.5k 0.00% Reduced -498 -498
36 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 21,82421.8k $451.1k $451.1k 0.00% Reduced -778 -778
37 Shaker Financial Services, LLC 0.13% of their portfolio Arlington, VA 20,66920.7k $427.2k $427.2k 0.13% New
38 Palogic Value Management, L.P. 0.14% of their portfolio DALLAS, TX 19,50019.5k $403.1k $403.1k 0.14% Reduced -1.0k -1,000
39 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 19,05719.1k $393.9k $393.9k 0.00% Reduced -268 -268
40 Mathes Company, Inc. 0.12% of their portfolio New York, NY 18,00018.0k $372.0k $372.0k 0.12% Unchanged
41 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 17,88017.9k $369.6k $369.6k 0.00% Reduced -4.2k -4,206
42 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 17,83917.8k $368.7k $368.7k 0.00% Reduced -98 -98
43 CENTAURUS FINANCIAL, INC. 0.01% of their portfolio ANAHEIM, CA 17,48317.5k $361.0k $361.0k 0.01% Added +2.0k +2,000
44 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 14,30014.3k $295.6k $295.6k 0.00% Unchanged
45 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 12,70012.7k $263.0k $263.0k 0.01% Unchanged
46 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 12,53112.5k $259.0k $259.0k 0.00% Added +4.3k +4,338
47 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 12,46312.5k $257.6k $257.6k 0.00% Added +160 +160
48 RITHOLTZ WEALTH MANAGEMENT 0.00% of their portfolio NEW YORK, NY 12,27412.3k $253.7k $253.7k 0.00% New
49 LEVEL FOUR ADVISORY SERVICES, LLC 0.01% of their portfolio DALLAS, TX 12,05612.1k $249.2k $249.2k 0.01% Added +556 +556
50 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 11,13211.1k $230.1k $230.1k 0.00% New
51 WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 0.06% of their portfolio HIGHLAND PARK, IL 10,95010.9k $226.3k $226.3k 0.06% Unchanged
52 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 10,84610.8k $224.2k $224.2k 0.00% New
53 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,80210.8k $224.4k $224.4k 0.00% New
54 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 10,54310.5k $217.9k $217.9k 0.00% Reduced -233 -233
55 Abel Hall, LLC 0.04% of their portfolio BATON ROUGE, LA 10,50010.5k $217.0k $217.0k 0.04% Unchanged
56 Fiduciary Alliance LLC 0.01% of their portfolio GREENVILLE, SC 10,35010.3k $213.9k $213.9k 0.01% Unchanged
57 CARY STREET PARTNERS FINANCIAL LLC 0.00% of their portfolio RICHMOND, VA 10,24610.2k $211.8k $211.8k 0.00% Unchanged
58 J.W. COLE ADVISORS, INC. 0.00% of their portfolio TAMPA, FL 9,7249.7k $201.0k $201.0k 0.00% New
59 STANCE CAPITAL LLC 0.06% of their portfolio BOSTON, MA 8,7718.8k $181.3k $181.3k 0.06% Added +63 +63
60 UBS Group AG 0.00% of their portfolio ZURICH, V8 6,8856.9k $142.3k $142.3k 0.00% Reduced -484 -484
61 Triumph Capital Management 0.02% of their portfolio DENVER, CO 6,3756.4k $131.8k $131.8k 0.02% Added +1.1k +1,100
62 FIDUCIARY FINANCIAL ADVISORS 0.01% of their portfolio GRAND RAPIDS, MI 6,2626.3k $129.4k $129.4k 0.01% New
63 Golden State Wealth Management, LLC 0.01% of their portfolio SANTA ANA, CA 5,6115.6k $116.0k $116.0k 0.01% Added +1.3k +1,328
64 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 5,2725.3k $109.0k $109.0k 0.00% Unchanged
65 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 4,9525.0k $102.7k $102.7k 0.01% Reduced -1.8k -1,811
66 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 4,5004.5k $93.0k $93.0k 0.00% Unchanged
67 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 3,9764.0k $82.2k $82.2k 0.00% Added +15 +15
68 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 3,9103.9k $80.8k $80.8k 0.00% Added +1.5k +1,510
69 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 3,3453.3k $69.1k $69.1k 0.00% Unchanged
70 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,9002.9k $59.9k $59.9k 0.00% Unchanged
71 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 2,3002.3k $47.5k $47.5k 0.00% Unchanged
72 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,8161.8k $37.5k $37.5k 0.00% Reduced -194 -194
73 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.01% of their portfolio INDIANAPOLIS, IN 1,7341.7k $35.8k $35.8k 0.01% New
74 Westside Investment Management, Inc. 0.00% of their portfolio SANTA MONICA, CA 1,6671.7k $34.5k $34.5k 0.00% Unchanged
75 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,3801.4k $28.5k $28.5k 0.00% Unchanged
76 MCF Advisors LLC 0.00% of their portfolio LEXINGTON, KY 1,2291.2k $25.4k $25.4k 0.00% Unchanged
77 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 900900 $18.6k $18.6k 0.00% New
78 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 855855 $17.7k $17.7k 0.00% Unchanged
79 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 829829 $17.2k $17.2k 0.00% Added +15 +15
80 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 796796 $16.5k $16.5k 0.00% New
81 Farmers & Merchants Trust Co of Chambersburg PA 0.00% of their portfolio CHAMBERSBURG, PA 500500 $10.0k $10.0k 0.00% New
82 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 398398 $8.2k $8.2k 0.00% Unchanged
83 HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio SHERMAN OAKS, CA 140140 $2.9k $2.9k 0.00% Unchanged
84 Strategic Advocates LLC 0.01% of their portfolio SACRAMENTO, CA 8181 $1.7k $1.7k 0.01% Unchanged
85 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 6262 $1.3k $1.3k 0.00% New