Flaherty & Crumrine Preferred and Income Securities Fund
FFC
96 hedge funds and large institutions have $116M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 30 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
9% more funds holding
Funds holding: 88 → 96 (+8)
3% more capital invested
Capital invested by funds: $113M → $116M (+$3.63M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 30
1.3% less ownership
Funds ownership: 15.21% → 13.91% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$668K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$567K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$422K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$310K |
| 5 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
American Financial Advisors
Marietta,
Georgia
|
-$8.23M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.45M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.04M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$944K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$663K |
FFC Hedge Fund Activity: Q1 2019 in Review
96 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q1 2019, worth a combined $116M — up 3.2% from $113M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FFC positions and 5 closed out — a net gain of 10 holders — while 29 added to existing stakes and 30 trimmed.
The largest buyer was Ameriprise, adding an estimated $668K. The largest seller was American Financial Advisors, cutting an estimated $8.23M.
- 96 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q1 2019, up from 88 in Q4 2018.
- Funds reported $116M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q1 2019, up 3.2% quarter-over-quarter.
- 15 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q1 2019 and 5 closed out, a net change of +10 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q1 2019 was Ameriprise, an estimated $668K added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q1 2019 was American Financial Advisors, an estimated $8.23M sold.
Based on aggregated 13F filings for Q1 2019.