Flaherty & Crumrine Preferred and Income Securities Fund
FFC
108 hedge funds and large institutions have $134M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2024 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 48 increasing their positions, 26 reducing their positions, and 13 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 26
0.11% less ownership
Funds ownership: 19.03% → 18.92% (-0.11%)
1% less capital invested
Capital invested by funds: $136M → $134M (-$1.82M)
8% less funds holding
Funds holding: 117 → 108 (-9)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.01M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$1.34M |
| 3 |
Cohen & Steers
New York
|
+$1.26M |
| 4 |
LPL Financial
San Diego,
California
|
+$1M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$902K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PFG Investments
Woodbury,
New York
|
-$2.39M |
| 2 |
CPRC
Consolidated Portfolio Review Corp
Woodbury,
New York
|
-$1.53M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.2M |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$753K |
| 5 |
RL
RPO LLC
Stamford,
Connecticut
|
-$505K |
FFC Hedge Fund Activity: Q2 2024 in Review
108 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q2 2024, worth a combined $134M — down 1.3% from $136M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FFC and 7 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 48 added.
The largest buyer was Morgan Stanley, adding an estimated $2.01M. The largest seller was PFG Investments, exiting entirely with an estimated $2.39M sold.
- 108 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q2 2024, down from 117 in Q1 2024.
- Funds reported $134M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q2 2024, down 1.3% quarter-over-quarter.
- 7 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q2 2024 and 13 closed out, a net change of -6 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q2 2024 was Morgan Stanley, an estimated $2.01M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q2 2024 was PFG Investments, an estimated $2.39M sold.
Based on aggregated 13F filings for Q2 2024.