Flaherty & Crumrine Preferred and Income Securities Fund
FFC
105 hedge funds and large institutions have $141M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2021 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 41 increasing their positions, 15 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
173% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 15
10% more capital invested
Capital invested by funds: $128M → $141M (+$12.6M)
7% more funds holding
Funds holding: 98 → 105 (+7)
1.5% more ownership
Funds ownership: 12.63% → 14.13% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GG
Golden Green
Seneca,
South Carolina
|
+$3.59M |
| 2 |
ACM
Anfield Capital Management
Irvine,
California
|
+$2.96M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$2.54M |
| 4 |
Morgan Stanley
New York
|
+$1.33M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.44M |
| 2 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
-$501K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$466K |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$323K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$305K |
FFC Hedge Fund Activity: Q3 2021 in Review
105 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q3 2021, worth a combined $141M — up 9.9% from $128M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FFC positions and 3 closed out — a net gain of 8 holders — while 41 added to existing stakes and 15 trimmed.
The largest buyer was Golden Green, opening a new position worth an estimated $3.59M. The largest seller was Ameriprise, cutting an estimated $1.44M.
- 105 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q3 2021, up from 98 in Q2 2021.
- Funds reported $141M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q3 2021, up 9.9% quarter-over-quarter.
- 11 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q3 2021 and 3 closed out, a net change of +8 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q3 2021 was Golden Green, an estimated $3.59M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q3 2021 was Ameriprise, an estimated $1.44M sold.
Based on aggregated 13F filings for Q3 2021.