Flaherty & Crumrine Preferred and Income Securities Fund
FFC
100 hedge funds and large institutions have $125M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 27 reducing their positions, and 19 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 27
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.41% less ownership
Funds ownership: 13.81% → 13.4% (-0.41%)
7% less capital invested
Capital invested by funds: $134M → $125M (-$9.34M)
10% less funds holding
Funds holding: 111 → 100 (-11)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GG
Golden Green
Seneca,
South Carolina
|
+$3.87M |
| 2 |
Cohen & Steers
New York
|
+$1.08M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$718K |
| 4 |
ACI
Alpha Cubed Investments
Irvine,
California
|
+$436K |
| 5 |
Morgan Stanley
New York
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$1.95M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$908K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$622K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$594K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$590K |
FFC Hedge Fund Activity: Q1 2022 in Review
100 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q1 2022, worth a combined $125M — down 7% from $134M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FFC and 11 opened new positions — a net loss of 8 holders — while 27 trimmed existing stakes and 33 added.
The largest buyer was Golden Green, adding an estimated $3.87M. The largest seller was Sowell Financial Services, exiting entirely with an estimated $1.95M sold.
- 100 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q1 2022, down from 111 in Q4 2021.
- Funds reported $125M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q1 2022, down 7% quarter-over-quarter.
- 11 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q1 2022 and 19 closed out, a net change of -8 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q1 2022 was Golden Green, an estimated $3.87M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q1 2022 was Sowell Financial Services, an estimated $1.95M sold.
Based on aggregated 13F filings for Q1 2022.