Flaherty & Crumrine Preferred and Income Securities Fund
FFC
106 hedge funds and large institutions have $138M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 34 increasing their positions, 29 reducing their positions, and 11 closing their positions.
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
17% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 29
2% more funds holding
Funds holding: 104 → 106 (+2)
1% more capital invested
Capital invested by funds: $137M → $138M (+$1.74M)
0.08% more ownership
Funds ownership: 13.18% → 13.26% (+0.08%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$2.17M |
| 2 |
Morgan Stanley
New York
|
+$1.71M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$923K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$700K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$524K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$1.84M |
| 2 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
-$1.21M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$894K |
| 4 |
GG
Golden Green
Seneca,
South Carolina
|
-$689K |
| 5 |
LPL Financial
San Diego,
California
|
-$656K |
FFC Hedge Fund Activity: Q1 2021 in Review
106 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q1 2021, worth a combined $138M — up 1.3% from $137M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FFC positions and 11 closed out — a net gain of 4 holders — while 34 added to existing stakes and 29 trimmed.
The largest buyer was Sowell Financial Services, adding an estimated $2.17M. The largest seller was NWAM LLC, cutting an estimated $1.84M.
- 106 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q1 2021, up from 104 in Q4 2020.
- Funds reported $138M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q1 2021, up 1.3% quarter-over-quarter.
- 15 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q1 2021 and 11 closed out, a net change of +4 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q1 2021 was Sowell Financial Services, an estimated $2.17M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q1 2021 was NWAM LLC, an estimated $1.84M sold.
Based on aggregated 13F filings for Q1 2021.