Vault-13

FLAHERTY & CRUMRINE DYNAMIC DFP

SHS · Closed-End Fund · CUSIP 33848W106

71 institutional holders +2 vs Q1 2024
4,408,5404.4m shares reported held*
$84.7mreported value*
5 new 26 added 17 reduced 3 sold out net sold ≈ $9.9m (-514.8k 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 ≈ $19.21.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 58Q4 22: 70Q1 23: 65Q2 23: 63Q3 23: 65Q4 23: 71Q1 24: 69Q2 24: 7171Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202258
Q4 202270
Q1 202365
Q2 202363
Q3 202365
Q4 202371
Q1 202469
Q2 202471

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 33 bought or addedQ4 22: 26 cut or sold outQ4 22Q1 23: 25 bought or addedQ1 23: 30 cut or sold outQ2 23: 26 bought or addedQ2 23: 27 cut or sold outQ2 23Q3 23: 31 bought or addedQ3 23: 23 cut or sold outQ4 23: 34 bought or addedQ4 23: 25 cut or sold outQ4 23Q1 24: 33 bought or addedQ1 24: 28 cut or sold outQ2 24: 31 bought or addedQ2 24: 20 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223326
Q1 20232530
Q2 20232627
Q3 20233123
Q4 20233425
Q1 20243328
Q2 20243120

Biggest buyers

COHEN & STEERS, INC. Added +65,262+65.3k
RAYMOND JAMES & ASSOCIATES Added +49,598+49.6k
GUGGENHEIM CAPITAL LLC Added +31,262+31.3k
WELLS FARGO & COMPANY/MN Added +27,892+27.9k
HighTower Advisors, LLC New +25,543+25.5k
NOMURA HOLDINGS INC New +12,188+12.2k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Added +12,002+12.0k
Invesco Ltd. Added +11,823+11.8k
AMERIPRISE FINANCIAL INC Added +8,978+9.0k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC New +8,328+8.3k

Biggest sellers

MORGAN STANLEY Reduced -427,219-427.2k
Relative Value Partners Group, LLC Sold out -269,481-269.5k
LPL Financial LLC Reduced -29,393-29.4k
Revisor Wealth Management LLC Reduced -25,126-25.1k
OSAIC HOLDINGS, INC. Reduced -21,817-21.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -6,096-6.1k
Mathes Company, Inc. Reduced -5,000-5.0k
MILLENNIUM MANAGEMENT LLC Reduced -4,472-4.5k
CENTAURUS FINANCIAL, INC. Reduced -4,212-4.2k
PNC Financial Services Group, Inc. Reduced -4,000-4.0k

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 in Q2 2024

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 in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 732,041732.0k $14.1m $14.1m 0.01% Added +49.6k +49,598
2 MANGROVE PARTNERS IM, LLC 0.71% of their portfolio Greenwich, CT 459,627459.6k $8.8m $8.8m 0.71% Unchanged
3 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 343,762343.8k $6.6m $6.6m 0.01% Added +65.3k +65,262
4 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 311,856311.9k $6.0m $6.0m 0.00% Added +11.8k +11,823
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 284,288284.3k $5.5m $5.5m 0.00% Reduced -29.4k -29,393
6 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 220,017220.0k $4.2m $4.2m 0.00% Added +9.0k +8,978
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 186,827186.8k $3.6m $3.6m 0.00% Reduced -427.2k -427,219
8 RPO LLC 4.81% of their portfolio Stamford, CT 166,051166.1k $3.2m $3.2m 4.81% Unchanged
9 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 135,917135.9k $2.6m $2.6m 0.00% Added +8.0k +7,965
10 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 131,260131.3k $2.5m $2.5m 0.00% Added +27.9k +27,892
11 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 129,081129.1k $2.5m $2.5m 0.02% Added +31.3k +31,262
12 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 86,77886.8k $1.7m $1.7m 0.01% Reduced -73 -73
13 Shaker Financial Services, LLC 0.61% of their portfolio Arlington, VA 79,00879.0k $1.5m $1.5m 0.61% Added +629 +629
14 BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 74,72374.7k $1.4m $1.4m 0.04% Unchanged
15 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.10% of their portfolio Englewood, NJ 64,51464.5k $1.2m $1.2m 0.10% Added +12.0k +12,002
16 1776 Wealth LLC 0.55% of their portfolio ATLANTA, GA 63,88563.9k $1.2m $1.2m 0.55% Reduced -2.4k -2,356
17 SEAMOUNT FINANCIAL GROUP INC 0.93% of their portfolio COLORADO SPRINGS, CO 59,14159.1k $1.1m $1.1m 0.93% Unchanged
18 Revisor Wealth Management LLC 0.78% of their portfolio AKRON, OH 58,38958.4k $1.1m $1.1m 0.78% Reduced -25.1k -25,126
19 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 55,45755.5k $1.1m $1.1m 0.00% Reduced -450 -450
20 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 47,00647.0k $902.5k $902.5k 0.02% Reduced -2.0k -2,036
21 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 45,93745.9k $882.0k $882.0k 0.01% Added +2.2k +2,191
22 Capital Analysts, LLC 0.04% of their portfolio FORT WASHINGTON, PA 44,14544.1k $848.0k $848.0k 0.04% Added +1.8k +1,761
23 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 40,53440.5k $778.2k $778.2k 0.01% Reduced -870 -870
24 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 38,20038.2k $733.4k $733.4k 0.00% Reduced -21.8k -21,817
25 Samalin Investment Counsel, LLC 0.33% of their portfolio CHAPPAQUA, NY 37,27437.3k $715.7k $715.7k 0.33% Added +1.0k +1,011
26 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 30,53430.5k $586.2k $586.2k 0.00% Reduced -6.1k -6,096
27 All Season Financial Advisors, Inc. 0.52% of their portfolio DENVER, CO 30,05530.1k $577.1k $577.1k 0.52% Reduced -2.0k -1,988
28 PRINCIPAL SECURITIES, INC. 0.02% of their portfolio DES MOINES, IA 29,21829.2k $561.0k $561.0k 0.02% Added +3.3k +3,342
29 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.02% of their portfolio RICHMOND, VA 26,39626.4k $506.8k $506.8k 0.02% Unchanged
30 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 25,54325.5k $490.0k $490.0k 0.00% New
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 24,30124.3k $467.0k $467.0k 0.00% Added +5.2k +5,199
32 CENTAURUS FINANCIAL, INC. 0.03% of their portfolio ANAHEIM, CA 22,93322.9k $440.0k $440.0k 0.03% Reduced -4.2k -4,212
33 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 22,03422.0k $423.0k $423.0k 0.01% Added +75 +75
34 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 20,62120.6k $396.0k $396.0k 0.00% Added +1.4k +1,419
35 Palogic Value Management, L.P. 0.17% of their portfolio DALLAS, TX 20,50020.5k $393.6k $393.6k 0.17% Unchanged
36 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 18,57118.6k $356.6k $356.6k 0.00% Added +2.6k +2,602
37 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 18,45018.4k $354.0k $354.0k 0.01% Added +2.1k +2,100
38 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 17,89017.9k $343.5k $343.5k 0.00% Reduced -4.5k -4,472
39 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 17,30017.3k $332.2k $332.2k 0.00% Unchanged
40 Mathes Company, Inc. 0.12% of their portfolio New York, NY 16,50016.5k $317.0k $317.0k 0.12% Reduced -5.0k -5,000
41 ROBINSON CAPITAL MANAGEMENT, LLC 0.11% of their portfolio GROSSE POINTE FARMS, MI 16,02516.0k $307.6k $307.6k 0.11% Unchanged
42 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 15,41115.4k $295.9k $295.9k 0.01% Added +5.4k +5,351
43 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 15,00015.0k $288.0k $288.0k 0.00% Unchanged
44 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 12,77712.8k $245.3k $245.3k 0.00% Added +2.1k +2,084
45 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 12,18812.2k $234.0k $234.0k 0.00% New
46 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 11,40411.4k $219.0k $219.0k 0.00% Reduced -2.2k -2,234
47 WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 0.09% of their portfolio HIGHLAND PARK, IL 10,95010.9k $210.2k $210.2k 0.09% Unchanged
48 Flow State Investments, L.P. 0.07% of their portfolio CHICAGO, IL 10,80310.8k $207.4k $207.4k 0.07% Reduced -1.1k -1,056
49 Bison Wealth, LLC 0.03% of their portfolio Atlanta, GA 10,44510.4k $200.2k $200.2k 0.03% Unchanged
50 UBS Group AG 0.00% of their portfolio ZURICH, V8 10,28410.3k $197.5k $197.5k 0.00% Added +611 +611
51 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio ORLANDO, FL 8,3288.3k $159.9k $159.9k 0.02% New
52 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 6,5756.6k $126.2k $126.2k 0.00% Added +1.2k +1,197
53 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 5,4455.4k $104.5k $104.5k 0.00% Reduced -4.0k -4,000
54 Gilliland Jeter Wealth Management LLC 0.03% of their portfolio LITTLE ROCK, AR 5,3715.4k $103.1k $103.1k 0.03% Unchanged
55 Pathway Financial Advisers, LLC 0.02% of their portfolio AUBURN, IN 3,1163.1k $59.8k $59.8k 0.02% Added +8 +8
56 COMERICA BANK 0.00% of their portfolio DALLAS, TX 2,5002.5k $48.0k $48.0k 0.00% Unchanged
57 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 2,4002.4k $46.1k $46.1k 0.00% Unchanged
58 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 2,2002.2k $42.2k $42.2k 0.00% Unchanged
59 Camelot Portfolios, LLC 0.02% of their portfolio Maumee, OH 2,0002.0k $38.4k $38.4k 0.02% New
60 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,9441.9k $37.0k $37.0k 0.00% Added +26 +26
61 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,8001.8k $34.6k $34.6k 0.00% Unchanged
62 MeadowBrook Investment Advisors LLC 0.03% of their portfolio Livonia, MI 1,5851.6k $30.4k $30.4k 0.03% Unchanged
63 Investors Research Corp 0.01% of their portfolio ATLANTA, GA 1,2001.2k $23.0k $23.0k 0.01% Unchanged
64 MCF Advisors LLC 0.00% of their portfolio LEXINGTON, KY 1,1111.1k $21.3k $21.3k 0.00% Added +20 +20
65 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 865865 $16.6k $16.6k 0.00% Unchanged
66 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 855855 $16.4k $16.4k 0.00% Unchanged
67 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 823823 $15.8k $15.8k 0.00% Added +14 +14
68 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 635635 $12.0k $12.0k 0.00% New
69 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 236236 $4.5k $4.5k 0.00% Unchanged
70 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 100100 $1.9k $1.9k 0.00% Unchanged
71 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged