Global Endowment Management’s Flaherty & Crumrine Preferred and Income Securities Fund FFC Stock Holding History

Global Endowment Management’s Portfolio FFC Stock Details FFC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-10,000	Closed	-$193K	–	254
2014 Q3	$193K	Hold	10,000	–	–	0.03%	240
2014 Q2	$196K	Hold	10,000	–	–	0.03%	228
2014 Q1	$192K	Hold	10,000	–	–	0.03%	225
2013 Q4	$175K	Buy	+10,000	New	+$177K	0.04%	215

Other funds holding FFC

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $15.9B AUM 53.4% 1-Year Est. Return

Oxbow Advisors Austin, Texas $1.23B AUM 23.59% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

MCC

Mid Continent Capital Chicago, Illinois $1.54B AUM 0.7% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Cohen & Steers New York $63.2B AUM 17.15% 1-Year Est. Return

NWAM LLC Mercer Island, Washington $2B AUM 34.81% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

CCM

Covington Capital Management Los Angeles, California $2.32B AUM 12.18% 1-Year Est. Return

Global Endowment Management's FFC Position: Q4 2014 in Review

Global Endowment Management sold out of Flaherty & Crumrine Preferred and Income Securities Fund (FFC) in Q4 2014, closing a stake of 10,000 shares — an estimated $193K sold.

Global Endowment Management first reported a position in FFC in Q4 2013 and held it in 4 quarters. The position peaked at $196K in Q2 2014. 73 funds tracked by Wall St. Rank hold FFC as of Q4 2014.

Global Endowment Management reported no remaining Flaherty & Crumrine Preferred and Income Securities Fund position as of Q4 2014 after selling out during the quarter.
Global Endowment Management sold 10,000 Flaherty & Crumrine Preferred and Income Securities Fund shares in Q4 2014, an estimated $193K.
Global Endowment Management first reported a position in Flaherty & Crumrine Preferred and Income Securities Fund in Q4 2013 and held it in 4 quarters.
Global Endowment Management's Flaherty & Crumrine Preferred and Income Securities Fund position peaked at $196K in Q2 2014.
73 funds tracked by Wall St. Rank held Flaherty & Crumrine Preferred and Income Securities Fund as of Q4 2014.

Based on Global Endowment Management's 13F filing for Q4 2014, filed 17 Feb 2015.