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FFC

Flaherty & Crumrine Preferred and Income Securities Fund

111 hedge funds and large institutions have $134M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2021 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 8

27% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 26

6% more funds holding

Funds holding: 105111 (+6)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.32% less ownership

Funds ownership: 14.13%13.81% (-0.32%)

5% less capital invested

Capital invested by funds: $141M → $134M (-$6.33M)

Holders
111
Holders Change
+6
Holders Change %
+5.71%
% of All Funds
1.71%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
33
Reduced
26
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$17.6M -$81.1K -3,674 -0.5%
Morgan Stanley
2
Morgan Stanley
New York
$16.6M +$2.19M +99,114 +15%
Invesco
3
Invesco
Georgia
$8.98M +$1.65M +74,854 +22%
Bank of America
4
Bank of America
North Carolina
$8.39M -$316K -14,314 -4%
CCM
5
Covington Capital Management
California
$7.72M +$16.6K +750 +0.2%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$6.33M +$157K +7,127 +3%
Ameriprise
7
Ameriprise
Minnesota
$5.93M +$182K +8,225 +3%
LPL Financial
8
LPL Financial
California
$5.61M -$1.03M -46,633 -15%
CAN
9
Cetera Advisor Networks
California
$4.76M +$250K +11,314 +5%
Wells Fargo
10
Wells Fargo
California
$3.43M -$277K -12,563 -7%
CAG
11
Csenge Advisory Group
Florida
$3.15M -$40.2K -1,822 -1%
Osaic Holdings
12
Osaic Holdings
Arizona
$3M -$15.1K -682 -0.5%
GG
13
Golden Green
South Carolina
$2.59M -$830K -37,590 -24%
PCM
14
Penserra Capital Management
California
$2.44M +$34.3K +1,556 +1%
Truist Financial
15
Truist Financial
North Carolina
$2.43M +$284K +12,866 +13%
SFS
16
Sowell Financial Services
Arkansas
$1.95M -$617K -27,932 -24%
Cohen & Steers
17
Cohen & Steers
New York
$1.84M
UBS Group
18
UBS Group
Switzerland
$1.7M -$159K -7,197 -8%
TFF
19
The Family Firm
Maryland
$1.54M +$88.2K +3,994 +6%
Mercer Global Advisors
20
Mercer Global Advisors
Colorado
$1.34M -$364K -16,508 -21%
FDCDDQ
21
Federation des caisses Desjardins du Quebec
Quebec, Canada
$1.32M +$398K +18,042 +42%
RJA
22
Raymond James & Associates
Florida
$1.25M +$452K +20,488 +55%
IAIM
23
International Assets Investment Management
Florida
$1.24M +$1.04M +47,293 +472%
SIS
24
Sound Income Strategies
Florida
$1.06M +$2.96K +134 +0.3%
Thrivent Financial for Lutherans
25
Thrivent Financial for Lutherans
Minnesota
$968K +$31.1K +1,410 +3%

FFC Hedge Fund Activity: Q4 2021 in Review

111 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q4 2021, worth a combined $134M — down 4.5% from $141M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FFC positions and 8 closed out — a net gain of 9 holders — while 33 added to existing stakes and 26 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $2.19M. The largest seller was Anfield Capital Management, exiting entirely with an estimated $2.88M sold.

  • 111 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q4 2021, up from 105 in Q3 2021.
  • Funds reported $134M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q4 2021, down 4.5% quarter-over-quarter.
  • 17 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q4 2021 and 8 closed out, a net change of +9 holders.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q4 2021 was Morgan Stanley, an estimated $2.19M added.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q4 2021 was Anfield Capital Management, an estimated $2.88M sold.

Based on aggregated 13F filings for Q4 2021.