Flaherty & Crumrine Preferred and Income Securities Fund
FFC
93 hedge funds and large institutions have $126M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
44% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 25
23% more capital inflows, than outflows
Capital inflows: $14.9M | Capital outflows: $12.1M
0.31% more ownership
Funds ownership: 13.35% → 13.66% (+0.31%)
0% more funds holding
Funds holding: 93 → 93 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$4.59M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.83M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$980K |
| 4 |
LPL Financial
San Diego,
California
|
+$696K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$627K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$3M |
| 2 |
Cohen & Steers
New York
|
-$1.83M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.36M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$926K |
| 5 |
AFA
American Financial Advisors
Marietta,
Georgia
|
-$821K |
FFC Hedge Fund Activity: Q3 2019 in Review
93 of the 4,576 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q3 2019, worth a combined $126M — up 7.5% from $118M a quarter earlier.
Fund positioning in FFC was balanced in Q3 2019: 11 funds opened new positions, 11 closed out, 36 added to existing stakes and 25 trimmed.
The largest buyer was Csenge Advisory Group, adding an estimated $4.59M. The largest seller was Oxbow Advisors, cutting an estimated $3M.
- 93 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $126M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q3 2019, up 7.5% quarter-over-quarter.
- 11 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q3 2019 and 11 closed out, a net change of 0 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q3 2019 was Csenge Advisory Group, an estimated $4.59M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q3 2019 was Oxbow Advisors, an estimated $3M sold.
Based on aggregated 13F filings for Q3 2019.