Flaherty & Crumrine Preferred and Income Securities Fund
FFC
96 hedge funds and large institutions have $91.5M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2022 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 24 reducing their positions, and 16 closing their positions.
74% more capital inflows, than outflows
Capital inflows: $15.4M | Capital outflows: $8.88M
33% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 24
0.74% more ownership
Funds ownership: 12.27% → 13.01% (+0.74%)
5% less funds holding
Funds holding: 101 → 96 (-5)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connectus Wealth
Cincinnati,
Ohio
|
+$3.64M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.39M |
| 3 |
Cohen & Steers
New York
|
+$1.34M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.09M |
| 5 |
Atria Wealth Solutions
New York
|
+$738K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Advisor Networks
El Segundo,
California
|
-$3.22M |
| 2 |
GG
Golden Green
Seneca,
South Carolina
|
-$1.62M |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
-$671K |
| 4 |
Cresset Asset Management
Chicago,
Illinois
|
-$667K |
| 5 |
EPG Wealth Management
Atlanta,
Georgia
|
-$463K |
FFC Hedge Fund Activity: Q3 2022 in Review
96 of the 5,832 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q3 2022, worth a combined $91.5M — down 6.1% from $97.5M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FFC and 12 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 32 added.
The largest buyer was Connectus Wealth, opening a new position worth an estimated $3.64M. The largest seller was Cetera Advisor Networks, cutting an estimated $3.22M.
- 96 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q3 2022, down from 101 in Q2 2022.
- Funds reported $91.5M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q3 2022, down 6.1% quarter-over-quarter.
- 12 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q3 2022 and 16 closed out, a net change of -4 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q3 2022 was Connectus Wealth, an estimated $3.64M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q3 2022 was Cetera Advisor Networks, an estimated $3.22M sold.
Based on aggregated 13F filings for Q3 2022.