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FFC

Flaherty & Crumrine Preferred and Income Securities Fund

79 hedge funds and large institutions have $97.5M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 19 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 19

18% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 11

3% more funds holding

Funds holding: 7779 (+2)

1.29% more ownership

Funds ownership: 10.31%11.59% (+1.3%)

5% more capital invested

Capital invested by funds: $93.1M → $97.5M (+$4.42M)

Holders
79
Holders Change
+2
Holders Change %
+2.6%
% of All Funds
1.81%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
13
Increased
31
Reduced
19
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
26
Raymond James Financial Services Advisors
Florida
$723K -$1.96M -101,879 -73%
BTS
27
BB&T Securities
Virginia
$709K -$24.3K -1,261 -3%
UCFA
28
United Capital Financial Advisors
Texas
$680K +$5.27K +274 +0.8%
TWM
29
Titus Wealth Management
California
$663K +$447K +23,248 +225%
PAG
30
Private Advisor Group
New Jersey
$657K +$439K +22,835 +195%
OC
31
Oppenheimer & Co
New York
$578K -$10.9K -564 -2%
BA
32
Bard Associates
Illinois
$550K -$89K -4,625 -14%
PNC Financial Services Group
33
PNC Financial Services Group
Pennsylvania
$491K +$94.3K +4,900 +23%
SPC
34
Sigma Planning Corp
Michigan
$412K -$21.5K -1,116 -5%
HighTower Advisors
35
HighTower Advisors
Illinois
$399K +$202K +10,506 +100%
Creative Planning
36
Creative Planning
Kansas
$387K +$392K +20,382 New
Cambridge Investment Research Advisors
37
Cambridge Investment Research Advisors
Iowa
$378K -$23.4K -1,215 -6%
FAAS
38
First Allied Advisory Services
California
$331K +$32.4K +1,685 +11%
SIA
39
Sit Investment Associates
Minnesota
$285K
CAN
40
Claraphi Advisory Network
United States
$276K +$63.5K +3,300 +29%
CWA
41
Clarus Wealth Advisors
Arizona
$269K +$31.9K +1,657 +13%
CF
42
Centaurus Financial
California
$229K +$232K +12,036 New
GWM
43
Geneos Wealth Management
Colorado
$224K -$26.7K -1,389 -11%
WAM
44
Weiss Asset Management
Massachusetts
$204K +$206K +10,717 New
WS
45
Wedbush Securities
California
$199K +$201K +10,467 New
SBIA
46
Sheaff Brock Investment Advisors
Indiana
$197K +$1.89K +98 +1%
US Bancorp
47
US Bancorp
Minnesota
$162K
SWM
48
SeaCrest Wealth Management
New York
$154K -$3.43K -178 -2%
IA
49
IFP Advisors
Florida
$146K
JCM
50
Jacobi Capital Management
Pennsylvania
$145K -$17.6K -916 -11%

FFC Hedge Fund Activity: Q1 2018 in Review

79 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q1 2018, worth a combined $97.5M — up 4.8% from $93.1M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new FFC positions and 11 closed out — a net gain of 2 holders — while 31 added to existing stakes and 19 trimmed.

The largest buyer was Bank of America, adding an estimated $4.38M. The largest seller was UBS Group, cutting an estimated $1.99M.

  • 79 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q1 2018, up from 77 in Q4 2017.
  • Funds reported $97.5M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q1 2018, up 4.8% quarter-over-quarter.
  • 13 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q1 2018 and 11 closed out, a net change of +2 holders.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q1 2018 was Bank of America, an estimated $4.38M added.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q1 2018 was UBS Group, an estimated $1.99M sold.

Based on aggregated 13F filings for Q1 2018.