Flaherty & Crumrine Preferred and Income Securities Fund
FFC
93 hedge funds and large institutions have $118M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 30 reducing their positions, and 10 closing their positions.
1% more capital invested
Capital invested by funds: $116M → $118M (+$1.38M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0.57% less ownership
Funds ownership: 13.91% → 13.35% (-0.57%)
7% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 30
3% less funds holding
Funds holding: 96 → 93 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$3.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.05M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$1.05M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$470K |
| 5 |
LPL Financial
San Diego,
California
|
+$456K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$3.85M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.28M |
| 3 |
AFA
American Financial Advisors
Marietta,
Georgia
|
-$1.58M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.58M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$655K |
FFC Hedge Fund Activity: Q2 2019 in Review
93 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q2 2019, worth a combined $118M — up 1.2% from $116M a quarter earlier.
Fund positioning in FFC was balanced in Q2 2019: 10 funds opened new positions, 10 closed out, 28 added to existing stakes and 30 trimmed.
The largest buyer was Csenge Advisory Group, opening a new position worth an estimated $3.3M. The largest seller was Oxbow Advisors, cutting an estimated $3.85M.
- 93 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q2 2019, down from 96 in Q1 2019.
- Funds reported $118M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q2 2019, up 1.2% quarter-over-quarter.
- 10 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q2 2019 and 10 closed out, a net change of 0 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q2 2019 was Csenge Advisory Group, an estimated $3.3M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q2 2019 was Oxbow Advisors, an estimated $3.85M sold.
Based on aggregated 13F filings for Q2 2019.