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FFC

Flaherty & Crumrine Preferred and Income Securities Fund

78 hedge funds and large institutions have $82.7M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

4% more funds holding

Funds holding: 7578 (+3)

5% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 22

0.29% less ownership

Funds ownership: 10.39%10.1% (-0.29%)

3% less capital invested

Capital invested by funds: $84.8M → $82.7M (-$2.15M)

Holders
78
Holders Change
+3
Holders Change %
+4%
% of All Funds
2.18%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
23
Reduced
22
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Cambridge Investment Research Advisors
26
Cambridge Investment Research Advisors
Iowa
$680K -$62.2K -3,326 -8%
Northern Trust
27
Northern Trust
Illinois
$601K +$600K +32,049 New
ICAS
28
Investors Capital Advisory Services
Massachusetts
$514K +$10.3K +550 +2%
PNC Financial Services Group
29
PNC Financial Services Group
Pennsylvania
$511K +$35.5K +1,900 +8%
OC
30
Oppenheimer & Co
New York
$465K -$18.6K -994 -4%
PAG
31
Private Advisor Group
New Jersey
$445K -$2.97K -159 -0.7%
CA
32
Cetera Advisors
Colorado
$441K -$9.35K -500 -2%
SPC
33
Sigma Planning Corp
Michigan
$384K +$52.4K +2,801 +16%
CIA
34
Capital Investment Advisors
Georgia
$356K +$5.44K +291 +2%
BAM
35
Bruderman Asset Management
New York
$325K +$236K +12,602 +266%
TIA
36
Tiemann Investment Advisors
California
$321K +$320K +17,100 New
SIA
37
Sit Investment Associates
Minnesota
$281K
WA
38
WFG Advisors
Texas
$251K -$27K -1,446 -10%
VKH
39
Virtu KCG Holdings
New York
$229K -$147K -7,868 -39%
Envestnet Asset Management
40
Envestnet Asset Management
Illinois
$227K +$227K +12,119 New
HighTower Advisors
41
HighTower Advisors
Illinois
$211K +$18.7K +1,000 +10%
CWM
42
Concert Wealth Management
California
$207K -$14K -750 -6%
US Bancorp
43
US Bancorp
Minnesota
$206K +$203K +10,829 +6,685%
BRWA
44
B. Riley Wealth Advisors
Florida
$197K -$9.33K -499 -5%
VFS
45
VSR Financial Services
Kansas
$188K
NEPWA
46
New England Private Wealth Advisors
Massachusetts
$188K +$187K +10,000 New
SF
47
Synovus Financial
Georgia
$119K -$15.5K -830 -12%
WT
48
Whittier Trust
California
$100K
PSUF
49
People's United Financial
Connecticut
$93K
Creative Planning
50
Creative Planning
Kansas
$83K +$83.1K +4,444 New

FFC Hedge Fund Activity: Q3 2015 in Review

78 of the 3,581 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q3 2015, worth a combined $82.7M — down 2.5% from $84.8M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FFC positions and 7 closed out — a net gain of 3 holders — while 23 added to existing stakes and 22 trimmed.

The largest buyer was United Capital Financial Advisors, opening a new position worth an estimated $1.32M. The largest seller was NWAM LLC, exiting entirely with an estimated $3.99M sold.

  • 78 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q3 2015, up from 75 in Q2 2015.
  • Funds reported $82.7M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q3 2015, down 2.5% quarter-over-quarter.
  • 10 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q3 2015 and 7 closed out, a net change of +3 holders.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q3 2015 was United Capital Financial Advisors, an estimated $1.32M added.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q3 2015 was NWAM LLC, an estimated $3.99M sold.

Based on aggregated 13F filings for Q3 2015.