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FFC

Flaherty & Crumrine Preferred and Income Securities Fund

100 hedge funds and large institutions have $94.4M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2022 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 31 increasing their positions, 34 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 12

4% more funds holding

Funds holding: 96100 (+4)

3% more capital invested

Capital invested by funds: $91.5M → $94.4M (+$2.89M)

0.29% more ownership

Funds ownership: 13.01%13.3% (+0.29%)

9% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 34

Holders
100
Holders Change
+4
Holders Change %
+4.17%
% of All Funds
1.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
20
Increased
31
Reduced
34
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Thrivent Financial for Lutherans
26
Thrivent Financial for Lutherans
Minnesota
$715K +$104K +6,826 +17%
AWS
27
Atria Wealth Solutions
New York
$616K -$36.3K -2,388 -6%
Cambridge Investment Research Advisors
28
Cambridge Investment Research Advisors
Iowa
$583K +$57.1K +3,760 +11%
Millennium Management
29
Millennium Management
New York
$574K -$72.7K -4,782 -11%
WAM
30
Wolverine Asset Management
Illinois
$566K +$573K +37,696 New
Susquehanna International Group
31
Susquehanna International Group
Pennsylvania
$563K +$570K +37,500 New
SIS
32
Sound Income Strategies
Florida
$538K -$125K -8,257 -19%
WP
33
Woodline Partners
California
$534K +$540K +35,565 New
WAM
34
Weiss Asset Management
Massachusetts
$526K +$533K +35,042 New
Mercer Global Advisors
35
Mercer Global Advisors
Colorado
$486K -$139K -9,168 -22%
MCC
36
Money Concepts Capital
Florida
$450K +$456K +29,977 New
WS
37
Wedbush Securities
California
$449K +$10.5K +693 +2%
RJFSA
38
Raymond James Financial Services Advisors
Florida
$447K -$113K -7,423 -20%
HighTower Advisors
39
HighTower Advisors
Illinois
$437K -$50.1K -3,294 -10%
TC
40
Titleist Capital
Texas
$430K +$167 +11 +0%
IAIM
41
International Assets Investment Management
Florida
$384K +$225K +14,774 +123%
KAS
42
Kestra Advisory Services
Texas
$368K +$102K +6,718 +38%
TIA
43
Tiemann Investment Advisors
California
$363K -$228K -15,009 -38%
RJA
44
Raymond James & Associates
Florida
$361K +$12.8K +842 +4%
EC
45
Elequin Capital
New York
$358K +$362K +23,827 New
PNC Financial Services Group
46
PNC Financial Services Group
Pennsylvania
$345K
Creative Planning
47
Creative Planning
Kansas
$325K +$11.8K +776 +4%
Baird Financial Group
48
Baird Financial Group
Wisconsin
$313K -$69.9K -4,597 -18%
AAS
49
Ameritas Advisory Services
Nebraska
$302K +$29.3K +1,930 +11%
SWM
50
Spire Wealth Management
Virginia
$293K +$3.22K +212 +1%

FFC Hedge Fund Activity: Q4 2022 in Review

100 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q4 2022, worth a combined $94.4M — up 3.2% from $91.5M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new FFC positions and 12 closed out — a net gain of 8 holders — while 31 added to existing stakes and 34 trimmed.

The largest buyer was Cerity Partners, opening a new position worth an estimated $5.31M. The largest seller was Connectus Wealth, exiting entirely with an estimated $3.18M sold.

  • 100 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q4 2022, up from 96 in Q3 2022.
  • Funds reported $94.4M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q4 2022, up 3.2% quarter-over-quarter.
  • 20 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q4 2022 and 12 closed out, a net change of +8 holders.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q4 2022 was Cerity Partners, an estimated $5.31M added.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q4 2022 was Connectus Wealth, an estimated $3.18M sold.

Based on aggregated 13F filings for Q4 2022.