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FFC

Flaherty & Crumrine Preferred and Income Securities Fund

63 hedge funds and large institutions have $105M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 11

14% more capital invested

Capital invested by funds: $91.6M → $105M (+$12.9M)

1.32% more ownership

Funds ownership: 10.25%11.58% (+1.3%)

3% less funds holding

Funds holding: 6563 (-2)

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

Holders
63
Holders Change
-2
Holders Change %
-3.08%
% of All Funds
1.81%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
21
Reduced
11
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
U
1
UBS
Switzerland
$11.1M +$5.85M +294,624 +109%
Morgan Stanley
2
Morgan Stanley
New York
$10M -$518K -26,066 -5%
OA
3
Oxbow Advisors
Texas
$8.57M +$18.1K +911 +0.2%
Bank of America
4
Bank of America
North Carolina
$8.52M +$1.17M +58,932 +16%
GC
5
Guggenheim Capital
Illinois
$7.43M +$1.21M +60,767 +19%
BTS
6
BB&T Securities
Virginia
$6.83M +$12.8K +645 +2%
MCC
7
Mid Continent Capital
Illinois
$5.57M -$107K -5,375 -2%
Cohen & Steers
8
Cohen & Steers
New York
$5.54M -$860K -43,264 -13%
Invesco
9
Invesco
Georgia
$5.05M +$172K +8,656 +3%
NL
10
NWAM LLC
Washington
$4.26M +$1.76M +88,423 +68%
LPL Financial
11
LPL Financial
California
$3.47M -$5.58K -281 -0.2%
CCM
12
Covington Capital Management
California
$3.29M -$74.6K -3,754 -2%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$2.64M +$96.5K +4,858 +4%
CS
14
Credit Suisse
Switzerland
$2.64M -$28K -1,410 -1%
Wells Fargo
15
Wells Fargo
California
$2.37M +$11.4K +576 +0.5%
IMS
16
Index Management Solutions
Pennsylvania
$1.93M +$958K +48,222 +96%
ADBIC
17
A.D. Beadell Investment Counsel
Wisconsin
$1.91M +$1.93M +97,318 New
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$1.7M +$6.08K +306 +0.4%
WA
19
WFG Advisors
Texas
$1.51M +$35K +1,763 +2%
CAN
20
Cetera Advisor Networks
California
$1.47M +$284K +14,302 +24%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$1.01M +$83.3K +4,194 +9%
BA
22
Bard Associates
Illinois
$875K
NPC
23
National Planning Corporation
California
$536K -$90.1K -4,537 -14%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$514K +$164K +8,263 +46%
IH
25
IFC Holdings
Florida
$433K +$238K +11,960 +118%