Flaherty & Crumrine Preferred and Income Securities Fund
FFC
98 hedge funds and large institutions have $128M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2021 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 24 reducing their positions, and 18 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 24
0.63% less ownership
Funds ownership: 13.26% → 12.63% (-0.63%)
8% less funds holding
Funds holding: 106 → 98 (-8)
8% less capital invested
Capital invested by funds: $138M → $128M (-$10.6M)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.24M |
| 2 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$1.16M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$927K |
| 4 |
BA
Bard Associates
Chicago,
Illinois
|
+$341K |
| 5 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$303K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Anfield Capital Management
Irvine,
California
|
-$2.89M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.66M |
| 3 |
Cohen & Steers
New York
|
-$1.44M |
| 4 |
GG
Golden Green
Seneca,
South Carolina
|
-$1.26M |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$961K |
FFC Hedge Fund Activity: Q2 2021 in Review
98 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q2 2021, worth a combined $128M — down 7.6% from $138M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FFC and 11 opened new positions — a net loss of 7 holders — while 24 trimmed existing stakes and 34 added.
The largest buyer was Royal Bank of Canada, adding an estimated $3.24M. The largest seller was Anfield Capital Management, exiting entirely with an estimated $2.89M sold.
- 98 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q2 2021, down from 106 in Q1 2021.
- Funds reported $128M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q2 2021, down 7.6% quarter-over-quarter.
- 11 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q2 2021 and 18 closed out, a net change of -7 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q2 2021 was Royal Bank of Canada, an estimated $3.24M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q2 2021 was Anfield Capital Management, an estimated $2.89M sold.
Based on aggregated 13F filings for Q2 2021.