Flaherty & Crumrine Preferred and Income Securities Fund
FFC
120 hedge funds and large institutions have $126M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2023 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 53 increasing their positions, 30 reducing their positions, and 6 closing their positions.
343% more capital inflows, than outflows
Capital inflows: $24.8M | Capital outflows: $5.6M
217% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 6
77% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 30
11% more funds holding
Funds holding: 108 → 120 (+12)
3.04% more ownership
Funds ownership: 16.12% → 19.16% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGO One Seven
Beachwood,
Ohio
|
+$2.43M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.05M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$1.84M |
| 4 |
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.79M |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Asset Management
Chicago,
Illinois
|
-$949K |
| 2 |
CCC
Chelsea Counsel Company
Los Angeles,
California
|
-$553K |
| 3 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$459K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$435K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$429K |
FFC Hedge Fund Activity: Q4 2023 in Review
120 of the 6,873 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q4 2023, worth a combined $126M — up 27% from $99M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FFC positions and 6 closed out — a net gain of 13 holders — while 53 added to existing stakes and 30 trimmed.
The largest buyer was MGO One Seven, adding an estimated $2.43M. The largest seller was Wolverine Asset Management, cutting an estimated $949K.
- 120 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q4 2023, up from 108 in Q3 2023.
- Funds reported $126M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q4 2023, up 27% quarter-over-quarter.
- 19 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q4 2023 and 6 closed out, a net change of +13 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q4 2023 was MGO One Seven, an estimated $2.43M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q4 2023 was Wolverine Asset Management, an estimated $949K sold.
Based on aggregated 13F filings for Q4 2023.