Flaherty & Crumrine Preferred and Income Securities Fund
FFC
101 hedge funds and large institutions have $88.8M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 29 reducing their positions, and 11 closing their positions.
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
24% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 29
1% more funds holding
Funds holding: 100 → 101 (+1)
0.24% more ownership
Funds ownership: 13.3% → 13.54% (+0.24%)
6% less capital invested
Capital invested by funds: $94.4M → $88.8M (-$5.59M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.21M |
| 2 |
FFWM
Future Financial Wealth Management
Cincinnati,
Ohio
|
+$1.33M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$965K |
| 4 |
GG
Golden Green
Seneca,
South Carolina
|
+$951K |
| 5 |
Morgan Stanley
New York
|
+$685K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
-$2.39M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.16M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
-$989K |
| 4 |
Millennium Management
New York
|
-$574K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$563K |
FFC Hedge Fund Activity: Q1 2023 in Review
101 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q1 2023, worth a combined $88.8M — down 5.9% from $94.4M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FFC positions and 11 closed out — a net gain of 4 holders — while 36 added to existing stakes and 29 trimmed.
The largest buyer was Ameriprise, adding an estimated $2.21M. The largest seller was Cerity Partners, cutting an estimated $2.39M.
- 101 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q1 2023, up from 100 in Q4 2022.
- Funds reported $88.8M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q1 2023, down 5.9% quarter-over-quarter.
- 15 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q1 2023 and 11 closed out, a net change of +4 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q1 2023 was Ameriprise, an estimated $2.21M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q1 2023 was Cerity Partners, an estimated $2.39M sold.
Based on aggregated 13F filings for Q1 2023.