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FFC

Flaherty & Crumrine Preferred and Income Securities Fund

97 hedge funds and large institutions have $120M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2020 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 32 increasing their positions, 25 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 5

28% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 25

11% more funds holding

Funds holding: 8797 (+10)

0.99% less ownership

Funds ownership: 13.87%12.88% (-0.99%)

3% less capital invested

Capital invested by funds: $123M → $120M (-$3.2M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
97
Holders Change
+10
Holders Change %
+11.49%
% of All Funds
1.96%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
16
Increased
32
Reduced
25
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TIA
26
Tiemann Investment Advisors
California
$774K +$64.5K +3,043 +9%
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$757K +$79.4K +3,747 +12%
Thrivent Financial for Lutherans
28
Thrivent Financial for Lutherans
Minnesota
$692K +$15K +710 +2%
RJA
29
Raymond James & Associates
Florida
$669K -$23.1K -1,090 -3%
WS
30
Wedbush Securities
California
$611K -$52.9K -2,495 -8%
TWM
31
Titus Wealth Management
California
$562K +$10.6K +500 +2%
MML Investors Services
32
MML Investors Services
Massachusetts
$559K -$753K -35,560 -57%
AAS
33
Avantax Advisory Services
Texas
$523K +$527K +24,891 New
BA
34
Bard Associates
Illinois
$519K -$2.12K -100 -0.4%
PWPS
35
Pinnacle Wealth Planning Services
Ohio
$493K
Creative Planning
36
Creative Planning
Kansas
$487K +$263K +12,424 +115%
AF
37
Affiance Financial
Minnesota
$485K -$8.02M -378,702 -94%
PNC Financial Services Group
38
PNC Financial Services Group
Pennsylvania
$483K +$17K +800 +4%
AFA
39
American Financial Advisors
Georgia
$480K -$17.3K -815 -3%
OA
40
Oxbow Advisors
Texas
$478K +$3.5K +165 +0.7%
BAM
41
Belpointe Asset Management
Nevada
$468K -$71.3K -3,367 -11%
HighTower Advisors
42
HighTower Advisors
Illinois
$456K -$230K -10,869 -33%
DC
43
Davenport & Co
Virginia
$429K
SF
44
Synovus Financial
Georgia
$415K +$3.35K +158 +0.8%
EWM
45
EPG Wealth Management
Georgia
$412K -$14.1K -664 -3%
OC
46
Oppenheimer & Co
New York
$364K
US Bancorp
47
US Bancorp
Minnesota
$338K
GWM
48
Geneos Wealth Management
Colorado
$337K -$35.6K -1,682 -9%
HCM
49
Hollencrest Capital Management
California
$337K
SBIA
50
Sheaff Brock Investment Advisors
Indiana
$323K +$327K +15,425 New

FFC Hedge Fund Activity: Q3 2020 in Review

97 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q3 2020, worth a combined $120M — down 2.6% from $123M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FFC positions and 5 closed out — a net gain of 11 holders — while 32 added to existing stakes and 25 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.77M. The largest seller was Affiance Financial, cutting an estimated $8.02M.

  • 97 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q3 2020, up from 87 in Q2 2020.
  • Funds reported $120M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q3 2020, down 2.6% quarter-over-quarter.
  • 16 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q3 2020 and 5 closed out, a net change of +11 holders.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q3 2020 was Morgan Stanley, an estimated $1.77M added.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q3 2020 was Affiance Financial, an estimated $8.02M sold.

Based on aggregated 13F filings for Q3 2020.