Flaherty & Crumrine Preferred and Income Securities Fund
FFC
78 hedge funds and large institutions have $82.7M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
4% more funds holding
Funds holding: 75 → 78 (+3)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
0.29% less ownership
Funds ownership: 10.39% → 10.1% (-0.29%)
3% less capital invested
Capital invested by funds: $84.8M → $82.7M (-$2.15M)
Top Buyers
Top Sellers
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$3.99M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.39M |
| 3 |
LPL Financial
San Diego,
California
|
-$729K |
| 4 |
Cohen & Steers
New York
|
-$527K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$460K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCM
76
Windsor Capital Management
Phoenix,
Arizona
| $5K | +$5.61K | +300 | New |
|
|
SSB
77
Sandy Spring Bank
Olney,
Maryland
| $4K | -$46.7K | -2,496 | -93% |
|
78
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $2K | – | – | – |
|
|
NL
79
NWAM LLC
Mercer Island,
Washington
| – | -$3.99M | -214,000 | Closed |
|
|
MBT
80
Montecito Bank & Trust
Santa Barbara,
California
| – | -$342K | -16,800 | Closed |
|
81
Goldman Sachs
New York
| – | -$251K | -13,456 | Closed |
|
|
SGCA
82
Steel Grove Capital Advisors
Memphis,
Tennessee
| – | -$229K | -12,280 | Closed |
|
|
WAM
83
Wolverine Asset Management
Chicago,
Illinois
| – | -$94K | -5,052 | Closed |
|
|
TRCT
84
Tower Research Capital (TRC)
New York
| – | -$32K | -1,741 | Closed |
|
|
S
85
SignatureFD
Atlanta,
Georgia
| – | -$4K | -212 | Closed |
|
FFC Hedge Fund Activity: Q3 2015 in Review
78 of the 3,581 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q3 2015, worth a combined $82.7M — down 2.5% from $84.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FFC positions and 7 closed out — a net gain of 3 holders — while 23 added to existing stakes and 22 trimmed.
The largest buyer was United Capital Financial Advisors, opening a new position worth an estimated $1.32M. The largest seller was NWAM LLC, exiting entirely with an estimated $3.99M sold.
- 78 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q3 2015, up from 75 in Q2 2015.
- Funds reported $82.7M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q3 2015, down 2.5% quarter-over-quarter.
- 10 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q3 2015 and 7 closed out, a net change of +3 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q3 2015 was United Capital Financial Advisors, an estimated $1.32M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q3 2015 was NWAM LLC, an estimated $3.99M sold.
Based on aggregated 13F filings for Q3 2015.