Flaherty & Crumrine Preferred and Income Securities Fund
FFC
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.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
4% more funds holding
Funds holding: 96 → 100 (+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
Top Buyers
| 1 |
Cerity Partners
New York
|
+$5.31M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.37M |
| 3 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$1.16M |
| 4 |
Cohen & Steers
New York
|
+$1.11M |
| 5 |
CCC
Chelsea Counsel Company
Los Angeles,
California
|
+$1.02M |
Top Sellers
| 1 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
-$3.18M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.08M |
| 3 |
Morgan Stanley
New York
|
-$343K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$325K |
| 5 |
LPL Financial
San Diego,
California
|
-$238K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CW
101
Connectus Wealth
Cincinnati,
Ohio
| – | -$3.18M | -214,065 | Closed |
|
|
NWA
102
Navis Wealth Advisors
Rye Brook,
New York
| – | -$162K | -10,900 | Closed |
|
103
JP Morgan Chase
New York
| – | -$88K | -5,928 | Closed |
|
|
GWSG
104
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$74K | -5,000 | Closed |
|
|
FCA
105
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$39K | -2,614 | Closed |
|
|
SWM
106
Selective Wealth Management
Forest,
Virginia
| – | -$37K | -2,500 | Closed |
|
|
BSB
107
Bangor Savings Bank
Bangor,
Maine
| – | -$21K | -1,400 | Closed |
|
|
HPC
108
HM Payson & Co
Portland,
Maine
| – | -$18K | -1,235 | Closed |
|
|
SWM
109
Sugarloaf Wealth Management
Duluth,
Georgia
| – | -$10K | -642 | Closed |
|
|
JWM
110
Janiczek Wealth Management
Denver,
Colorado
| – | -$7K | -497 | Closed |
|
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.