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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
WT
51
Whittier Trust
California
$107K
PSUF
52
People's United Financial
Connecticut
$99K
Bank of Montreal
53
Bank of Montreal
Ontario, Canada
$93K +$41.8K +2,102 +83%
AAM
54
Advisors Asset Management
Colorado
$89K +$26.9K +1,355 +44%
WEC
55
Winslow Evans & Crocker
Massachusetts
$88.3K
MFS
56
MSI Financial Services
Massachusetts
$62K -$11.5K -579 -16%
AssetMark Inc
57
AssetMark Inc
California
$48K +$47.2K +2,372 New
CAPTRUST Financial Advisors
58
CAPTRUST Financial Advisors
North Carolina
$46K +$9.96K +501 +28%
NSIM
59
North Star Investment Management
Illinois
$42K +$4.12K +207 +11%
LWM
60
Lenox Wealth Management
Ohio
$39K
IWMPD
61
Integrated Wealth Management (Palm Desert)
California
$28K
DADC
62
D.A. Davidson & Co
Montana
$26K
Citigroup
63
Citigroup
New York
$25K
FAM
64
Formidable Asset Management
Ohio
$21K
SIG
65
Stanford Investment Group
California
$21K
NFG
66
Next Financial Group
Texas
$18K
CFA
67
Carroll Financial Associates
North Carolina
$16K
JWA
68
JFS Wealth Advisors
Pennsylvania
$16K
DBT
69
Dubuque Bank & Trust
Iowa
$11K
TFA
70
Transamerica Financial Advisors
Florida
$11K
OSNBOA
71
Old Second National Bank of Aurora
Illinois
$10K
PCM
72
Penserra Capital Management
California
$10K +$10.3K +516 New
JIC
73
Joel Isaacson & Co
New York
$9K
AWM
74
Avior Wealth Management
Nebraska
$8K
WTB
75
Washington Trust Bank
Washington
$5K

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.