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FFC

Flaherty & Crumrine Preferred and Income Securities Fund

77 hedge funds and large institutions have $106M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 14 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 14

28% more capital invested

Capital invested by funds: $82.7M → $106M (+$23.4M)

2.02% more ownership

Funds ownership: 10.1%12.12% (+2%)

0% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 9

1% less funds holding

Funds holding: 7877 (-1)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
77
Holders Change
-1
Holders Change %
-1.28%
% of All Funds
2.02%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
9
Increased
28
Reduced
14
Closed
9
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
$758K +$30.8K +1,548 +4%
BA
27
Bard Associates
Illinois
$741K -$6.96K -350 -0.9%
WA1
28
Wimmer Associates 1
California
$545K +$541K +27,200 New
ICAS
29
Investors Capital Advisory Services
Massachusetts
$539K -$10.3K -517 -2%
OC
30
Oppenheimer & Co
New York
$502K +$5.03K +253 +1%
PAG
31
Private Advisor Group
New Jersey
$476K
PNC Financial Services Group
32
PNC Financial Services Group
Pennsylvania
$462K -$81.7K -4,110 -15%
CA
33
Cetera Advisors
Colorado
$420K -$47.7K -2,400 -10%
SPC
34
Sigma Planning Corp
Michigan
$417K +$6.8K +342 +2%
CIA
35
Capital Investment Advisors
Georgia
$381K +$159 +8 +0%
BAM
36
Bruderman Asset Management
New York
$378K +$30.1K +1,513 +9%
RJA
37
Raymond James & Associates
Florida
$342K +$339K +17,068 New
ASN
38
Advisory Services Network
Georgia
$302K +$273K +13,727 +1,021%
SIA
39
Sit Investment Associates
Minnesota
$301K
WA
40
WFG Advisors
Texas
$269K +$457 +23 +0.2%
HighTower Advisors
41
HighTower Advisors
Illinois
$255K +$29.2K +1,469 +13%
CWM
42
Concert Wealth Management
California
$221K
IA
43
IFP Advisors
Florida
$214K +$212K +10,686 New
SBIA
44
Sheaff Brock Investment Advisors
Indiana
$213K +$211K +10,620 New
US Bancorp
45
US Bancorp
Minnesota
$205K -$15.5K -780 -7%
NEPWA
46
New England Private Wealth Advisors
Massachusetts
$201K
VFS
47
VSR Financial Services
Kansas
$200K
Northwestern Mutual Wealth Management
48
Northwestern Mutual Wealth Management
Wisconsin
$146K +$103K +5,163 +244%
Creative Planning
49
Creative Planning
Kansas
$131K +$41.7K +2,097 +47%
SF
50
Synovus Financial
Georgia
$128K

FFC Hedge Fund Activity: Q4 2015 in Review

77 of the 3,811 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q4 2015, worth a combined $106M — up 28% from $82.7M a quarter earlier.

Fund positioning in FFC was balanced in Q4 2015: 9 funds opened new positions, 9 closed out, 28 added to existing stakes and 14 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $6.51M. The largest seller was Guggenheim Capital, cutting an estimated $2.59M.

  • 77 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q4 2015, down from 78 in Q3 2015.
  • Funds reported $106M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q4 2015, up 28% quarter-over-quarter.
  • 9 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q4 2015 and 9 closed out, a net change of 0 holders.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q4 2015 was Envestnet Asset Management, an estimated $6.51M added.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q4 2015 was Guggenheim Capital, an estimated $2.59M sold.

Based on aggregated 13F filings for Q4 2015.