New Positions
14 managers initiated
Top five by reported value
Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. NYQ:DFP
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
14 new25 added46 reduced11 exited
Total Institutional Holders
85
as of 2025-12-31
Top Holder
RAYMOND JAMES FINANCIAL INC
$25.3M
Largest QoQ Increase
Focus Partners Wealth
+148,586 sh
Largest QoQ Decrease
Kovitz Investment Group Partners, LLC
-154,058 sh
New Positions(14)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Focus Partners Wealth | 148,586 | +148,586 | $3.1M | +$3.1M | — |
| Closed-End Fund Advisors, Inc. | 45,013 | +45,013 | $935.8K | +$935.8K | — |
| Capital Investment Advisors, LLC | 25,690 | +25,690 | $534.1K | +$534.1K | — |
| Asset One Wealth Management LLC | 10,716 | +10,716 | $230.0K | +$230.0K | — |
| READYSTATE ASSET MANAGEMENT LP | 10,782 | +10,782 | $224.2K | +$224.2K | — |
| Kestra Advisory Services, LLC | 7,589 | +7,589 | $157.8K | +$157.8K | — |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 6,763 | +6,763 | $140.6K | +$140.6K | — |
| Pinnacle Wealth Planning Services, Inc. | 5,307 | +5,307 | $110.3K | +$110.3K | — |
| CI Private Wealth, LLC | 28,978 | +28,978 | $42.9K | +$42.9K | — |
| Allworth Financial LP | 1,380 | +1,380 | $28.7K | +$28.7K | — |
| Camelot Portfolios, LLC | 1,000 | +1,000 | $20.8K | +$20.8K | — |
| WOLVERINE ASSET MANAGEMENT LLC | 812 | +812 | $16.9K | +$16.9K | — |
| Keating Financial Advisory Services, Inc. | 750 | +750 | $15.6K | +$15.6K | — |
| HIGHLINE WEALTH PARTNERS LLC | 100 | +100 | $2.1K | +$2.1K | — |
Added To(25)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES, LLC | 48,567 | +3,896 | $1.0M | +$1.0M | 8.7% |
| Fiera Capital Corp | 101,601 | +47,670 | $2.1M | +$945.2K | 88.4% |
| Hennion & Walsh Asset Management, Inc. | 158,315 | +36,304 | $3.3M | +$651.1K | 29.8% |
| 1607 Capital Partners, LLC | 107,017 | +27,517 | $2.2M | +$504.5K | 34.6% |
| Farther Finance Advisors, LLC | 17,845 | +11,272 | $371.0K | +$228.8K | 171.5% |
| SEAMOUNT FINANCIAL GROUP INC | 47,080 | +7 | $978.8K | -$39.9K | 0.0% |
| WILEY BROS.-AINTREE CAPITAL, LLC | 36,927 | +2,898 | $767.7K | +$31.3K | 8.5% |
| STIFEL FINANCIAL CORP | 23,280 | +2,049 | $484.0K | +$24.5K | 9.7% |
| Private Advisor Group, LLC | 38,862 | +487 | $807.9K | -$22.5K | 1.3% |
| Merit Financial Group, LLC | 22,776 | +148 | $473.5K | -$16.2K | 0.7% |
| Catalina Capital Group, LLC | 13,985 | +39 | $290.7K | -$11.0K | 0.3% |
| MGB Wealth Management, LLC | 10,846 | +846 | $225.5K | +$9.1K | 8.5% |
| J.W. COLE ADVISORS, INC. | 10,270 | +10 | $213.5K | -$8.5K | 0.1% |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 1,800 | +451 | $37.4K | +$8.2K | 33.4% |
| Golden State Wealth Management, LLC | 4,208 | +77 | $87.5K | -$1.9K | 1.9% |
| PRINCIPAL SECURITIES, INC. | 39,248 | +1,471 | $816.0K | -$1.5K | 3.9% |
| SIT INVESTMENT ASSOCIATES INC | 445,325 | +86,981 | $9.3K | +$1.5K | 24.3% |
| MCF Advisors LLC | 1,229 | +21 | $25.6K | -$590 | 1.7% |
| Triumph Capital Management | 4,450 | +200 | $92.5K | +$546 | 4.7% |
| HARBOUR INVESTMENTS, INC. | 911 | +15 | $18.9K | -$437 | 1.7% |
| North Star Investment Management Corp. | 2,300 | +100 | $47.8K | +$209 | 4.5% |
| Capital Analysts, LLC | 34,401 | +3,280 | $715 | +$42 | 10.5% |
| Mathes Company, Inc. | 18,000 | +2,500 | $374 | +$39 | 16.1% |
| Janney Montgomery Scott LLC | 35,435 | +2,039 | $737 | +$14 | 6.1% |
| Cambridge Investment Research Advisors, Inc. | 94,061 | +4,269 | $2.0K | +$13 | 4.8% |
Reduced(46)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL INC | 1,218,104 | -63,406 | $25.3M | -$2.4M | -4.9% |
| Smith Asset Management Co., LLC | 96,884 | -104,248 | $2.0M | -$2.2M | -51.8% |
| GUGGENHEIM CAPITAL LLC | 301,249 | -55,640 | $6.3M | -$1.5M | -15.6% |
| WELLS FARGO & COMPANY/MN | 279,231 | -26,278 | $5.8M | -$806.0K | -8.6% |
| LPL Financial LLC | 196,022 | -25,748 | $4.1M | -$723.8K | -11.6% |
| ENVESTNET ASSET MANAGEMENT INC | 40,641 | -31,590 | $844.9K | -$718.2K | -43.7% |
| Invesco Ltd. | 308,922 | -15,879 | $6.4M | -$606.2K | -4.9% |
| Royal Bank of Canada | 38,261 | -17,008 | $795.0K | -$332.0K | -30.8% |
| Shaker Financial Services, LLC | 57,012 | -12,428 | $1.2M | -$317.4K | -17.9% |
| HighTower Advisors, LLC | 10,172 | -11,282 | $211.5K | -$252.8K | -52.6% |
| AMERIPRISE FINANCIAL INC | 87,695 | -5,924 | $1.8M | -$202.7K | -6.3% |
| MORGAN STANLEY | 129,167 | -1,568 | $2.7M | -$143.7K | -1.2% |
| Whipplewood Advisors, LLC | 94,845 | -1,244 | $2.0M | -$107.5K | -1.3% |
| Samalin Investment Counsel, LLC | 42,833 | -2,842 | $890.5K | -$97.9K | -6.2% |
| Strategic Advocates LLC | 21,928 | -3,550 | $457.2K | -$94.1K | -13.9% |
| AlphaCore Capital LLC | 37,149 | -2,355 | $772.3K | -$82.5K | -6.0% |
| CARY STREET PARTNERS FINANCIAL LLC | 10,246 | -3,324 | $213.0K | -$80.6K | -24.5% |
| Revisor Wealth Management LLC | 62,076 | -1,542 | $1.3M | -$59.1K | -2.4% |
| NewEdge Advisors, LLC | 33,337 | -1,376 | $693.1K | -$58.1K | -4.0% |
| 1776 Wealth LLC | 52,132 | -609 | $1.1M | -$57.5K | -1.1% |
| Cetera Investment Advisers | 21,489 | -1,594 | $446.8K | -$52.8K | -6.9% |
| ADVISOR GROUP HOLDINGS, INC. | 48,329 | -1,821 | $1.0M | -$47.4K | -3.6% |
| UBS Group AG | 9,895 | -1,585 | $205.7K | -$42.7K | -13.8% |
| Concurrent Investment Advisors, LLC | 30,224 | -23 | $628.3K | -$26.2K | -0.1% |
| Baird Financial Group, Inc. | 19,468 | -154 | $404.7K | -$19.9K | -0.8% |
| Palogic Value Management, L.P. | 20,500 | 0 | $426.2K | -$17.4K | 0.0% |
| BANK OF AMERICA CORP /DE/ | 12,270 | -259 | $255.1K | -$16.0K | -2.1% |
| Cerity Partners LLC | 14,300 | 0 | $297.3K | -$12.2K | 0.0% |
| LEVEL FOUR ADVISORY SERVICES, LLC | 11,500 | 0 | $239.1K | -$9.8K | 0.0% |
| WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC | 10,950 | 0 | $227.7K | -$9.3K | 0.0% |
| Abel Hall, LLC | 10,500 | 0 | $218.3K | -$8.9K | 0.0% |
| Fiduciary Alliance LLC | 10,350 | 0 | $215.2K | -$8.8K | 0.0% |
| Atlantic Union Bankshares Corp | 4,500 | 0 | $93.6K | -$3.8K | 0.0% |
| AdvisorNet Financial, Inc | 4,250 | 0 | $88.4K | -$3.6K | 0.0% |
| PNC Financial Services Group, Inc. | 3,345 | 0 | $69.5K | -$2.8K | 0.0% |
| Steward Partners Investment Advisory, LLC | 2,800 | -9 | $58.2K | -$2.6K | -0.3% |
| HUNTINGTON NATIONAL BANK | 2,400 | 0 | $49.9K | -$2.0K | 0.0% |
| Westside Investment Management, Inc. | 1,667 | 0 | $34.7K | -$1.4K | 0.0% |
| Geneos Wealth Management Inc. | 855 | 0 | $17.8K | -$727 | 0.0% |
| COHEN & STEERS, INC. | 461,489 | 0 | $9.6K | -$393 | 0.0% |
| CoreCap Advisors, LLC | 350 | 0 | $7.3K | -$297 | 0.0% |
| Sound Income Strategies, LLC | 236 | 0 | $5.0K | -$156 | 0.0% |
| Rockefeller Capital Management L.P. | 73 | -1 | $1.5K | -$83 | -1.4% |
| CENTAURUS FINANCIAL, INC. | 15,583 | 0 | $324 | -$13 | 0.0% |
| WEDBUSH SECURITIES INC | 12,700 | -100 | $264 | -$13 | -0.8% |
| CWM, LLC | 1,837 | -216 | $38 | -$6 | -10.5% |
Sold Out(11)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Kovitz Investment Group Partners, LLC | 0 | -154,058 | $0 | -$3.3M | — |
| Wela Strategies, Inc. | 0 | -23,917 | $0 | -$517.6K | — |
| Pathstone Holdings, LLC | 0 | -13,595 | $0 | -$294.2K | — |
| Walleye Capital LLC | 0 | -12,437 | $0 | -$269.1K | — |
| STANCE CAPITAL LLC | 0 | -8,406 | $0 | -$181.9K | — |
| SOUTH PLAINS FINANCIAL, INC. | 0 | -4,022 | $0 | -$87.0K | — |
| COMERICA BANK | 0 | -2,200 | $0 | -$47.6K | — |
| Newbridge Financial Services Group, Inc. | 0 | -500 | $0 | -$10.8K | — |
| Advisory Services Network, LLC | 0 | -365 | $0 | -$7.9K | — |
| Russell Investments Group, Ltd. | 0 | -150 | $0 | -$3.2K | — |
| HRT FINANCIAL LP | 0 | -11,926 | $0 | -$258 | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL INC | 1,218,104 | $25.3M | -63,406 | -4.9% |
| Invesco Ltd. | 308,922 | $6.4M | -15,879 | -4.9% |
| GUGGENHEIM CAPITAL LLC | 301,249 | $6.3M | -55,640 | -15.6% |
| WELLS FARGO & COMPANY/MN | 279,231 | $5.8M | -26,278 | -8.6% |
| LPL Financial LLC | 196,022 | $4.1M | -25,748 | -11.6% |
| Hennion & Walsh Asset Management, Inc. | 158,315 | $3.3M | +36,304 | 29.8% |
| Focus Partners Wealth | 148,586 | $3.1M | +148,586 | — |
| MORGAN STANLEY | 129,167 | $2.7M | -1,568 | -1.2% |
| 1607 Capital Partners, LLC | 107,017 | $2.2M | +27,517 | 34.6% |
| Fiera Capital Corp | 101,601 | $2.1M | +47,670 | 88.4% |
| Smith Asset Management Co., LLC | 96,884 | $2.0M | -104,248 | -51.8% |
| Whipplewood Advisors, LLC | 94,845 | $2.0M | -1,244 | -1.3% |
| AMERIPRISE FINANCIAL INC | 87,695 | $1.8M | -5,924 | -6.3% |
| Revisor Wealth Management LLC | 62,076 | $1.3M | -1,542 | -2.4% |
| Shaker Financial Services, LLC | 57,012 | $1.2M | -12,428 | -17.9% |
| 1776 Wealth LLC | 52,132 | $1.1M | -609 | -1.1% |
| COMMONWEALTH EQUITY SERVICES, LLC | 48,567 | $1.0M | +3,896 | 8.7% |
| ADVISOR GROUP HOLDINGS, INC. | 48,329 | $1.0M | -1,821 | -3.6% |
| SEAMOUNT FINANCIAL GROUP INC | 47,080 | $978.8K | +7 | 0.0% |
| Closed-End Fund Advisors, Inc. | 45,013 | $935.8K | +45,013 | — |
New & Closed Positions this quarter
Closed Positions
11 managers exited
Top five by prior-quarter value
- Kovitz Investment Group Partners, LLC$3.3M
- Wela Strategies, Inc.$517.6K
- Pathstone Holdings, LLC$294.2K
- Walleye Capital LLC$269.1K
- STANCE CAPITAL LLC$181.9K
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for DFP against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.