Flaherty & Crumrine Preferred and Income Securities Fund
FFC
75 hedge funds and large institutions have $84.8M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 18 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
22% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 18
3% more funds holding
Funds holding: 73 → 75 (+2)
0.14% less ownership
Funds ownership: 10.53% → 10.39% (-0.14%)
9% less capital invested
Capital invested by funds: $93.1M → $84.8M (-$8.21M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
+$1.35M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$807K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$594K |
| 4 |
AIG
American International Group
New York
|
+$562K |
| 5 |
AF
Affiance Financial
St. Louis Park,
Minnesota
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$2.45M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.55M |
| 3 |
Cohen & Steers
New York
|
-$1.03M |
| 4 |
Morgan Stanley
New York
|
-$766K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$91K |
FFC Hedge Fund Activity: Q2 2015 in Review
75 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q2 2015, worth a combined $84.8M — down 8.8% from $93.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FFC positions and 4 closed out — a net gain of 4 holders — while 22 added to existing stakes and 18 trimmed.
The largest buyer was National Planning Corporation, adding an estimated $1.35M. The largest seller was Oxbow Advisors, cutting an estimated $2.45M.
- 75 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q2 2015, up from 73 in Q1 2015.
- Funds reported $84.8M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q2 2015, down 8.8% quarter-over-quarter.
- 8 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q2 2015 and 4 closed out, a net change of +4 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q2 2015 was National Planning Corporation, an estimated $1.35M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q2 2015 was Oxbow Advisors, an estimated $2.45M sold.
Based on aggregated 13F filings for Q2 2015.