Flaherty & Crumrine Preferred and Income Securities Fund
FFC
73 hedge funds and large institutions have $93.1M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 8 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
0% more funds holding
Funds holding: 73 → 73 (0)
0.75% less ownership
Funds ownership: 11.28% → 10.53% (-0.75%)
3% less capital invested
Capital invested by funds: $95.6M → $93.1M (-$2.55M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$489K |
| 2 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
+$351K |
| 3 |
CCM
Covington Capital Management
Los Angeles,
California
|
+$285K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$284K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$283K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$2.64M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.44M |
| 3 |
Cohen & Steers
New York
|
-$1.36M |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
-$634K |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$435K |
FFC Hedge Fund Activity: Q1 2015 in Review
73 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q1 2015, worth a combined $93.1M — down 2.7% from $95.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FFC positions and 8 closed out — a net gain of 2 holders — while 24 added to existing stakes and 18 trimmed.
The largest buyer was Private Advisor Group, opening a new position worth an estimated $489K. The largest seller was Index Management Solutions, exiting entirely with an estimated $2.64M sold.
- 73 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $93.1M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q1 2015, down 2.7% quarter-over-quarter.
- 10 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q1 2015 and 8 closed out, a net change of +2 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q1 2015 was Private Advisor Group, an estimated $489K added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q1 2015 was Index Management Solutions, an estimated $2.64M sold.
Based on aggregated 13F filings for Q1 2015.