Flaherty & Crumrine Preferred and Income Securities Fund
FFC
106 hedge funds and large institutions have $136M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2019 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 35 increasing their positions, 28 reducing their positions, and 5 closing their positions.
320% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 5
25% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 28
14% more funds holding
Funds holding: 93 → 106 (+13)
8% more capital invested
Capital invested by funds: $126M → $136M (+$9.64M)
0.55% more ownership
Funds ownership: 13.66% → 14.2% (+0.55%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
Top Sellers
| 1 |
Cohen & Steers
New York
|
-$1.64M |
| 2 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
-$724K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$660K |
| 4 |
JG
Jefferies Group
New York
|
-$541K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$419K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $10K | – | – | – |
|
|
WT
102
Whittier Trust
South Pasadena,
California
| $5K | – | – | – |
|
|
S
103
SignatureFD
Atlanta,
Georgia
| $5K | +$5.03K | +235 | New |
|
|
KFS
104
Kelly Financial Services
Braintree,
Massachusetts
| $3.13K | +$43 | +2 | +1% |
|
|
ACM
105
Arlington Capital Management
Arlington Heights,
Illinois
| – | -$294K | -14,027 | Closed |
|
|
GC
106
Guggenheim Capital
Chicago,
Illinois
| – | -$250K | -11,912 | Closed |
|
|
LSA
107
L & S Advisors
Los Angeles,
California
| – | -$214K | -10,200 | Closed |
|
|
LC
108
Lindbrook Capital
Calabasas,
California
| – | -$54K | -2,600 | Closed |
|
109
First Manhattan
New York
| – | -$3K | -180 | Closed |
|
FFC Hedge Fund Activity: Q4 2019 in Review
106 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q4 2019, worth a combined $136M — up 7.6% from $126M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FFC positions and 5 closed out — a net gain of 16 holders — while 35 added to existing stakes and 28 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $1.56M. The largest seller was Cohen & Steers, cutting an estimated $1.64M.
- 106 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q4 2019, up from 93 in Q3 2019.
- Funds reported $136M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q4 2019, up 7.6% quarter-over-quarter.
- 21 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q4 2019 and 5 closed out, a net change of +16 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q4 2019 was Truist Financial, an estimated $1.56M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q4 2019 was Cohen & Steers, an estimated $1.64M sold.
Based on aggregated 13F filings for Q4 2019.