We are live on ! Find out more
FFC

Flaherty & Crumrine Preferred and Income Securities Fund

77 hedge funds and large institutions have $93.1M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2017 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

214% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 7

24% more funds holding

Funds holding: 6277 (+15)

18% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 17

0.12% less ownership

Funds ownership: 10.42%10.31% (-0.12%)

5% less capital invested

Capital invested by funds: $98.3M → $93.1M (-$5.27M)

Holders
77
Holders Change
+15
Holders Change %
+24.19%
% of All Funds
1.75%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
22
Increased
20
Reduced
17
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$12.4M -$4.57M -218,987 -27%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$10.1M -$36.1K -1,726 -0.3%
CCM
3
Covington Capital Management
California
$8.29M +$433K +20,733 +5%
Morgan Stanley
4
Morgan Stanley
New York
$5.72M -$246K -11,768 -4%
Invesco
5
Invesco
Georgia
$5.16M +$456K +21,815 +9%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$5.02M +$193K +9,243 +4%
Wells Fargo
7
Wells Fargo
California
$4.96M +$135K +6,470 +3%
NL
8
NWAM LLC
Washington
$3.52M
UBS Group
9
UBS Group
Switzerland
$3.26M +$177K +8,469 +6%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$2.86M +$194K +9,302 +7%
Ameriprise
11
Ameriprise
Minnesota
$2.82M -$94.6K -4,527 -3%
IH
12
IFC Holdings
Florida
$2M -$1.62M -77,731 -44%
LPL Financial
13
LPL Financial
California
$1.92M +$556K +26,610 +40%
ADBIC
14
A.D. Beadell Investment Counsel
Wisconsin
$1.82M -$62.7K -3,000 -3%
FFA
15
First Foundation Advisors
California
$1.79M +$112K +5,366 +7%
AG
16
Advisor Group
Arizona
$1.72M +$91.4K +4,374 +5%
LCM
17
Laurion Capital Management
New York
$1.56M +$1.59M +76,212 New
TFF
18
The Family Firm
Maryland
$1.48M +$194K +9,276 +15%
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$1.47M +$26.4K +1,264 +2%
TIA
20
Tiemann Investment Advisors
California
$1.06M
AWM
21
Aevitas Wealth Management
Massachusetts
$1.03M +$1.05M +50,460 New
BAM
22
Bruderman Asset Management
New York
$990K +$11.7K +561 +1%
CAN
23
Cetera Advisor Networks
California
$959K -$5.75K -275 -0.6%
BTS
24
BB&T Securities
Virginia
$789K -$845K -40,461 -51%
LWS
25
Lucia Wealth Services
California
$758K +$774K +37,043 New

FFC Hedge Fund Activity: Q4 2017 in Review

77 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q4 2017, worth a combined $93.1M — down 5.4% from $98.3M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new FFC positions and 7 closed out — a net gain of 15 holders — while 20 added to existing stakes and 17 trimmed.

The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.59M. The largest seller was Bank of America, cutting an estimated $4.57M.

  • 77 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q4 2017, up from 62 in Q3 2017.
  • Funds reported $93.1M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q4 2017, down 5.4% quarter-over-quarter.
  • 22 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q4 2017 and 7 closed out, a net change of +15 holders.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q4 2017 was Laurion Capital Management, an estimated $1.59M added.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q4 2017 was Bank of America, an estimated $4.57M sold.

Based on aggregated 13F filings for Q4 2017.