Flaherty & Crumrine Preferred and Income Securities Fund
FFC
104 hedge funds and large institutions have $137M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2020 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 23 increasing their positions, 31 reducing their positions, and 12 closing their positions.
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
14% more capital invested
Capital invested by funds: $120M → $137M (+$17M)
7% more funds holding
Funds holding: 97 → 104 (+7)
0.3% more ownership
Funds ownership: 12.88% → 13.18% (+0.3%)
26% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Anfield Capital Management
Irvine,
California
|
+$2.96M |
| 2 |
Morgan Stanley
New York
|
+$1.63M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$875K |
| 4 |
LPL Financial
San Diego,
California
|
+$466K |
| 5 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
+$453K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
-$1.53M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$886K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$626K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$523K |
| 5 |
EWM
EPG Wealth Management
Atlanta,
Georgia
|
-$412K |
FFC Hedge Fund Activity: Q4 2020 in Review
104 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q4 2020, worth a combined $137M — up 14% from $120M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FFC positions and 12 closed out — a net gain of 7 holders — while 23 added to existing stakes and 31 trimmed.
The largest buyer was Anfield Capital Management, opening a new position worth an estimated $2.96M. The largest seller was Jefferies Group, exiting entirely with an estimated $1.53M sold.
- 104 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q4 2020, up from 97 in Q3 2020.
- Funds reported $137M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q4 2020, up 14% quarter-over-quarter.
- 19 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q4 2020 and 12 closed out, a net change of +7 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q4 2020 was Anfield Capital Management, an estimated $2.96M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q4 2020 was Jefferies Group, an estimated $1.53M sold.
Based on aggregated 13F filings for Q4 2020.