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FFC

Flaherty & Crumrine Preferred and Income Securities Fund

100 hedge funds and large institutions have $94.4M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2022 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 31 increasing their positions, 34 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 12

4% more funds holding

Funds holding: 96100 (+4)

3% more capital invested

Capital invested by funds: $91.5M → $94.4M (+$2.89M)

0.29% more ownership

Funds ownership: 13.01%13.3% (+0.29%)

9% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 34

Holders
100
Holders Change
+4
Holders Change %
+4.17%
% of All Funds
1.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
20
Increased
31
Reduced
34
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$9.53M -$343K -22,566 -3%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$7.83M -$186K -12,210 -2%
Invesco
3
Invesco
Georgia
$7.66M +$1.37M +90,350 +22%
Bank of America
4
Bank of America
North Carolina
$7.09M +$531K +34,966 +8%
Cerity Partners
5
Cerity Partners
New York
$5.25M +$5.31M +349,501 New
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$4.74M -$87.5K -5,757 -2%
Cohen & Steers
7
Cohen & Steers
New York
$4.37M +$1.11M +73,267 +34%
LPL Financial
8
LPL Financial
California
$2.96M -$238K -15,643 -7%
CAG
9
Csenge Advisory Group
Florida
$2.93M +$143K +9,393 +5%
PCM
10
Penserra Capital Management
California
$2.5M +$227K +14,928 +10%
Ameriprise
11
Ameriprise
Minnesota
$2.3M -$2.08M -136,689 -47%
Osaic Holdings
12
Osaic Holdings
Arizona
$2.24M +$71K +4,669 +3%
ECA
13
Elevated Capital Advisors
Utah
$2.21M +$91.1K +5,997 +4%
TFF
14
The Family Firm
Maryland
$1.88M +$393K +25,889 +26%
Wells Fargo
15
Wells Fargo
California
$1.79M -$126K -8,296 -7%
GG
16
Golden Green
South Carolina
$1.78M +$28K +1,844 +2%
SFS
17
Sowell Financial Services
Arkansas
$1.76M -$2.28K -150 -0.1%
Truist Financial
18
Truist Financial
North Carolina
$1.45M -$47.1K -3,102 -3%
CAN
19
Cetera Advisor Networks
California
$1.39M +$221K +14,516 +19%
WWM
20
Western Wealth Management
Colorado
$1.15M +$1.16M +76,275 New
UBS Group
21
UBS Group
Switzerland
$1.02M -$325K -21,407 -24%
CCC
22
Chelsea Counsel Company
California
$1.01M +$1.02M +67,200 New
FDCDDQ
23
Federation des caisses Desjardins du Quebec
Quebec, Canada
$990K +$44.9K +2,954 +5%
BA
24
Bard Associates
Illinois
$838K +$3.04K +200 +0.4%
MCIA
25
Mountain Capital Investment Advisors
Colorado
$820K +$41.7K +2,745 +6%

FFC Hedge Fund Activity: Q4 2022 in Review

100 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q4 2022, worth a combined $94.4M — up 3.2% from $91.5M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new FFC positions and 12 closed out — a net gain of 8 holders — while 31 added to existing stakes and 34 trimmed.

The largest buyer was Cerity Partners, opening a new position worth an estimated $5.31M. The largest seller was Connectus Wealth, exiting entirely with an estimated $3.18M sold.

  • 100 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q4 2022, up from 96 in Q3 2022.
  • Funds reported $94.4M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q4 2022, up 3.2% quarter-over-quarter.
  • 20 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q4 2022 and 12 closed out, a net change of +8 holders.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q4 2022 was Cerity Partners, an estimated $5.31M added.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q4 2022 was Connectus Wealth, an estimated $3.18M sold.

Based on aggregated 13F filings for Q4 2022.