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FFC

Flaherty & Crumrine Preferred and Income Securities Fund

69 hedge funds and large institutions have $109M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 19

4% more capital invested

Capital invested by funds: $104M → $109M (+$4.58M)

0.23% less ownership

Funds ownership: 11.73%11.5% (-0.23%)

5% less funds holding

Funds holding: 7369 (-4)

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9

Holders
69
Holders Change
-4
Holders Change %
-5.48%
% of All Funds
1.84%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
24
Reduced
19
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$9.77M +$142K +6,804 +2%
Morgan Stanley
2
Morgan Stanley
New York
$8.86M +$146K +7,000 +2%
LPL Financial
3
LPL Financial
California
$8.65M -$1.49M -71,664 -15%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$7.46M -$22.5K -1,082 -0.3%
CCM
5
Covington Capital Management
California
$6.09M +$492K +23,620 +9%
Bank of America
6
Bank of America
North Carolina
$5.99M -$1.38M -66,234 -19%
NPC
7
National Planning Corporation
California
$5.12M +$2.97M +142,498 +151%
Invesco
8
Invesco
Georgia
$4.62M +$183K +8,781 +4%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$4.36M +$496K +23,786 +13%
Wells Fargo
10
Wells Fargo
California
$4.13M +$172K +8,279 +5%
IH
11
IFC Holdings
Florida
$4.08M +$398K +19,128 +11%
NL
12
NWAM LLC
Washington
$3.82M -$34.8K -1,671 -0.9%
OA
13
Oxbow Advisors
Texas
$3.14M -$2.62M -125,563 -46%
UCFA
14
United Capital Financial Advisors
Texas
$2.95M -$708K -33,974 -20%
UBS Group
15
UBS Group
Switzerland
$2.68M -$68.2K -3,276 -3%
ADBIC
16
A.D. Beadell Investment Counsel
Wisconsin
$2.12M
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$1.97M +$230K +11,027 +14%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$1.95M +$320K +15,354 +21%
PAG
19
Private Advisor Group
New Jersey
$1.93M +$68.5K +3,287 +4%
AG
20
Advisor Group
Arizona
$1.84M +$1.78M +85,218 New
TIA
21
Tiemann Investment Advisors
California
$1.34M +$353K +16,950 +38%
GC
22
Guggenheim Capital
Illinois
$1.29M -$543K -26,047 -30%
Cohen & Steers
23
Cohen & Steers
New York
$1.22M -$960K -46,080 -45%
CAN
24
Cetera Advisor Networks
California
$1.15M -$58.7K -2,819 -5%
TFF
25
The Family Firm
Maryland
$1.08M -$157K -7,555 -13%