Flaherty & Crumrine Preferred and Income Securities Fund
FFC
96 hedge funds and large institutions have $101M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 34 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.24% less ownership
Funds ownership: 14.2% → 13.97% (-0.24%)
9% less funds holding
Funds holding: 106 → 96 (-10)
24% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 34
26% less capital invested
Capital invested by funds: $136M → $101M (-$35.2M)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$3.89M |
| 2 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$1.03M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$988K |
| 4 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$987K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$794K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Bruderman Asset Management
Locust Valley,
New York
|
-$867K |
| 2 |
Cohen & Steers
New York
|
-$847K |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$730K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$703K |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$563K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
101
Aevitas Wealth Management
Wellesley Hills,
Massachusetts
| – | -$350K | -16,147 | Closed |
|
|
SPC
102
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$291K | -13,417 | Closed |
|
|
FFA
103
First Foundation Advisors
Irvine,
California
| – | -$269K | -12,397 | Closed |
|
|
AIP
104
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$254K | -11,700 | Closed |
|
105
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$252K | -11,602 | Closed |
|
|
SIA
106
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$239K | -11,000 | Closed |
|
107
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$211K | -9,748 | Closed |
|
|
SBL
108
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$132K | -6,106 | Closed |
|
|
ACM
109
Anfield Capital Management
Irvine,
California
| – | -$89K | -4,082 | Closed |
|
|
PA
110
PSI Advisors
Tampa,
Florida
| – | -$26K | -1,200 | Closed |
|
|
MG
111
MilWealth Group
Milwaukee,
Wisconsin
| – | -$21.7K | -1,000 | Closed |
|
|
ONST
112
Old North State Trust
Greensboro,
North Carolina
| – | -$11K | -500 | Closed |
|
FFC Hedge Fund Activity: Q1 2020 in Review
96 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q1 2020, worth a combined $101M — down 26% from $136M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FFC and 10 opened new positions — a net loss of 7 holders — while 34 trimmed existing stakes and 26 added.
The largest buyer was Bramshill Investments, opening a new position worth an estimated $3.89M. The largest seller was Bruderman Asset Management, exiting entirely with an estimated $867K sold.
- 96 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q1 2020, down from 106 in Q4 2019.
- Funds reported $101M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q1 2020, down 26% quarter-over-quarter.
- 10 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q1 2020 and 17 closed out, a net change of -7 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q1 2020 was Bramshill Investments, an estimated $3.89M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q1 2020 was Bruderman Asset Management, an estimated $867K sold.
Based on aggregated 13F filings for Q1 2020.